Newport Beach, CA—92660
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newport Beach, CA
As of Oct '25, the median home price in Newport Beach, CA is $3,036,000, with a year-over-year change of 4.8%. This indicates that home prices in Newport Beach, CA are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $3,036,000 | 4.8% |
| Single Family | $3,371,000 | 4.4% |
| Condos | $1,658,000 | 2.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $893,000 | -5.9% |
2 Bed | $1,423,000 | 1.9% |
3 Bed | $2,431,000 | 4.8% |
4 Bed | $3,689,000 | 3.8% |
| 5 Bed | $4,866,000 | 3.6% |
% of Housing Stock
Rental Trends — Newport Beach, CA
As of July '25, Rentcast reports the average rent in Newport Beach, CA is $4,270, with a year-over-year rent change of 0.2%. Per bedroom, the median rent as of July '25 in Newport Beach, CA is studios: $2,500, 1-bedrooms: $3,480, 2-bedrooms: $4,230, 3-bedrooms: $6,040, 4-bedrooms: $7,200. The most common rental property sizes in Newport Beach, CA are 2-bedroom and 1-bedroom, accounting for 45.7% and 29.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,960 | $4,270 |
| Studio Rent | $2,400 | $2,500 |
| 1 Bed Rent | $3,060 | $3,480 |
| 2 Bed Rent | $3,980 | $4,230 |
| 3 Bed Rent | $5,200 | $6,040 |
| 4 Bed Rent | $7,000 | $7,200 |
% of Rental Stock
Property Listings — Newport Beach, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Newport Beach, CA is 66. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $4,590,000 | 11.0% |
Listing Count | 147 | 26.0% |
| Listings as % of Homes | 0.5% | 26.0% |
Days on Market | 66 | 12.0% |
Demographics — Newport Beach, CA
As of the latest ACS Survey released in 2023, Newport Beach, CA has a population of 34,800, which has decreased by -5.7% over the past 5 years. Newport Beach, CA is a moderately popular place for families, as children make up 19.8% of the population. The area has a highly educated workforce, with 70.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,800 | -5.7% |
% Under 18 | 19.8% | -11.2% |
% Seniors | 22.3% | 5.7% |
% WFH | 26.4% | 103.1% |
% w/ College Degree | 70.3% | 2.5% |
As of the latest ACS Survey released in 2023, Newport Beach, CA is a predominantly white area, with 73.5% of the population identifying as white. The white population has shrunk by 9.1% in the last 5 years. The second most common race or ethnicity in Newport Beach, CA is hispanic, making up 9.8% of the population. Foreign-born residents account for 16.2% of the population in Newport Beach, CA, and this percentage has increased by 12.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.5% | -9.1% |
% Black | 1.5% | 114.3% |
% Hispanic | 9.8% | 18.1% |
% Asian | 9.1% | 8.3% |
% Foreign Born | 16.2% | 12.5% |
Mortgage and Risk — Newport Beach, CA
According to HUD data as of 2023, there were 295 mortgage originations in Newport Beach, CA, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 1.0% above 90% LTV (normal). This implies small mortgage risk in Newport Beach, CA. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 295 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 4.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Newport Beach, CA
As of 2024, the percent of homes in Newport Beach, CA under the Section 8 program is 1.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Newport Beach, CA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 75 |
Total Units Section 8 | 75 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $420 | $3,060 | $3,480 |
| 2 Bedroom | $140 | $3,980 | $4,120 |
| 3 Bedroom | $370 | $5,200 | $5,570 |
| 4 Bedroom | -$340 | $7,000 | $6,660 |
Affordability — Newport Beach, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 16 |
| Median Home Price | $3,036,000 |
| Median Household Income | $154,000 |