Newport, WA—99156
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newport, WA
Newport, WA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $406,000 | 0.6% |
| Single Family | $411,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $376,000 | 1.1% |
3 Bed | $457,000 | 0.0% |
4 Bed | $507,000 | 0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Newport, WA
As of July '25, Rentcast reports the average rent in Newport, WA is $1,080, with a year-over-year rent change of -40.0%. Per bedroom, the median rent as of July '25 in Newport, WA is 1-bedrooms: $818, 2-bedrooms: $1,400, 3-bedrooms: $2,000. The most common rental property sizes in Newport, WA are 2-bedroom and 3-bedroom, accounting for 36.9% and 20.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $852 | $1,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $825 | $818 |
| 2 Bed Rent | $1,400 | $1,400 |
| 3 Bed Rent | $2,000 | $2,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Newport, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Newport, WA is 106. This is a increase of 24.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $558,000 | 12.0% |
Listing Count | 80 | 19.0% |
| Listings as % of Homes | 0.6% | 19.0% |
Days on Market | 106 | 24.0% |
Demographics — Newport, WA
As of the latest ACS Survey released in 2023, Newport, WA has a population of 9,320, which has increased by 12.6% over the past 5 years. Newport, WA is a moderately popular place for families, as children make up 18.4% of the population. The area has a poorly educated workforce, with 21.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,320 | 12.6% |
% Under 18 | 18.4% | -7.5% |
% Seniors | 24.9% | -7.1% |
% WFH | 12.3% | 48.2% |
% w/ College Degree | 21.4% | 10.3% |
As of the latest ACS Survey released in 2023, Newport, WA is a predominantly white area, with 88.5% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Newport, WA is hispanic, making up 3.6% of the population. Foreign-born residents account for 2.2% of the population in Newport, WA, and this percentage has decreased by 31.2% 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 | 88.5% | -3.5% |
% Black | 0.4% | 0.0% |
% Hispanic | 3.6% | -10.0% |
% Asian | 0.2% | -71.4% |
% Foreign Born | 2.2% | -31.2% |
Mortgage and Risk — Newport, WA
According to HUD data as of 2023, there were 199 mortgage originations in Newport, WA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Newport, WA. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 199 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 1.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Newport, WA
Newport, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 57 |
Total Units Section 8 | 57 |
% Rentals under Section 8 | 6.7% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $95 | $825 | $920 |
| 2 Bedroom | -$220 | $1,400 | $1,180 |
| 3 Bedroom | -$340 | $2,000 | $1,660 |
| 4 Bedroom | N/A | N/A | $1,920 |
Affordability — Newport, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.5 |
| Median Home Price | $406,000 |
| Median Household Income | $59,000 |