Newberg, OR—97132
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newberg, OR
As of Nov '25, the median home price in Newberg, OR is $526,000, with a year-over-year change of -0.1%. This indicates that home prices in Newberg, OR are flat. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $526,000 | -0.1% |
| Single Family | $529,000 | -0.2% |
| Condos | $295,000 | -0.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $391,000 | 1.6% |
3 Bed | $494,000 | -0.2% |
4 Bed | $633,000 | -0.6% |
| 5 Bed | $770,514 | -1.7% |
% of Housing Stock
Rental Trends — Newberg, OR
As of July '25, Rentcast reports the average rent in Newberg, OR is $2,070, with a year-over-year rent change of 2.0%. Per bedroom, the median rent as of July '25 in Newberg, OR is 1-bedrooms: $1,300, 2-bedrooms: $1,750, 3-bedrooms: $2,370, 4-bedrooms: $3,040. The most common rental property sizes in Newberg, OR are 2-bedroom and 3-bedroom, accounting for 40.1% and 29.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,070 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,540 | $1,300 |
| 2 Bed Rent | $1,620 | $1,750 |
| 3 Bed Rent | $2,400 | $2,370 |
| 4 Bed Rent | $3,000 | $3,040 |
% of Rental Stock
Property Listings — Newberg, OR
As of Nov '25, Realtor.com reports that the median days on market for a home in Newberg, OR is 88. This is a increase of 10.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $638,000 | 0.0% |
Listing Count | 147 | 10.0% |
| Listings as % of Homes | 0.8% | 10.0% |
Days on Market | 88 | 10.0% |
Demographics — Newberg, OR
As of the latest ACS Survey released in 2023, Newberg, OR has a population of 31,700, which has increased by 7.3% over the past 5 years. Newberg, OR is a moderately popular place for families, as children make up 20.9% of the population. The area has a moderately educated workforce, with 39.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,700 | 7.3% |
% Under 18 | 20.9% | -2.8% |
% Seniors | 17.5% | 14.4% |
% WFH | 14.9% | 125.8% |
% w/ College Degree | 39.2% | 16.0% |
As of the latest ACS Survey released in 2023, Newberg, OR is a predominantly white area, with 75.5% of the population identifying as white. The white population has shrunk by 7.7% in the last 5 years. The second most common race or ethnicity in Newberg, OR is hispanic, making up 14.1% of the population. Foreign-born residents account for 7.3% of the population in Newberg, OR, and this percentage has decreased by 11.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 75.5% | -7.7% |
% Black | 0.6% | 200.0% |
% Hispanic | 14.1% | 16.5% |
% Asian | 2.8% | 55.6% |
% Foreign Born | 7.3% | -11.0% |
Mortgage and Risk — Newberg, OR
According to HUD data as of 2023, there were 613 mortgage originations in Newberg, OR, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Newberg, OR. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 613 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Rentals and Section 8 — Newberg, OR
As of 2024, the percent of homes in Newberg, OR under the Section 8 program is 9.3%. 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 Newberg, OR, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 386 |
Total Units Section 8 | 372 |
% Rentals under Section 8 | 9.3% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $80 | $1,540 | $1,620 |
| 2 Bedroom | $230 | $1,620 | $1,850 |
| 3 Bedroom | $140 | $2,400 | $2,540 |
| 4 Bedroom | -$20 | $3,000 | $2,980 |
Affordability — Newberg, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $526,000 |
| Median Household Income | $95,200 |