Newport, OR Housing Market
AI-powered market intelligence for the Newport, OR metro area.
PropertyIQ Scores
Newport, OR Market Analysis
Market Overview
Newport, OR currently registers a PropertyIQ Score of 9 out of 100, a very low reading that suggests a weak for-sale housing market. The score is shaped by several conflicting indicators. On one hand, 12-month home value momentum was positive at 4.55%; on the other, 3-month home value momentum was -0.10% and the median days on market sat at 81 days. In addition, 28.6% of listings had a price cut. These metrics point to a market where earlier price growth has stalled and sellers are adjusting to weaker buyer demand.
The median home value in Newport is $479,350, which is below the state average of $502,156, but the local median household income of $61,314 is also well below the state average of $80,426. This means that although Newport homes are less expensive than the statewide norm, they remain relatively expensive compared with local incomes. There were 680 homes for sale, and the year-over-year home value change was -$1, essentially flat. The unemployment rate is 5.2%, matching the state average. The rent index of $2,057 is notably higher than the state average of $1,450, which adds another layer to the market picture: rental costs are elevated even as the for-sale market shows softness. Population growth data is not available, so it is not possible to assess migration-driven demand from the provided figures.
Key Trends
First, price momentum is cooling. The 12-month home value momentum of 4.55% shows that Newport had some appreciation over the past year, but the 3-month momentum of -0.10% and a year-over-year home value change of -$1 indicate that price growth has flattened or reversed slightly in recent months. This is consistent with the low PropertyIQ Score of 9 out of 100.
Second, inventory and marketing conditions favor buyers. With 680 homes for sale, a median of 81 days on market, and 28.6% of listings showing a price cut, sellers are facing longer selling timelines and are more frequently reducing asking prices. These are typically signs of a buyer's market or at least a market with limited urgency from buyers.
Third, affordability is tighter than the headline price comparison suggests. Newport's median home value is about 4.5% below the state average, but its median household income is about 23.8% below the state average. As a result, the ratio of median home value to median household income is roughly 7.8 in Newport, compared with about 6.2 at the state average. This local affordability gap may be limiting buyer demand.
Fourth, the rental market is a bright spot by comparison. The rent index of $2,057 is roughly 42% above the state average of $1,450. Using the rent index and median home value, Newport's gross rent-to-price ratio is about 5.1%, while the state average equivalent is about 3.5% before expenses. That spread suggests rental demand is stronger relative to the for-sale market, even though the overall PropertyIQ Score remains weak.
Who Is This Market For
This market appears best suited to buy-and-hold rental investors and patient owner-occupants rather than short-term flippers or households relying on rapid appreciation. The rent index of $2,057 is far above the state average of $1,450, and the implied gross rent-to-price ratio of about 5.1% based on the $479,350 median home value is more attractive than the state-level comparison of about 3.5%. For investors focused on cash flow and willing to hold through slow resale conditions, Newport's rental metrics may be appealing. However, the 81 median days on market and 28.6% price-cut share mean that exit liquidity is limited, so a longer investment horizon is important.
For owner-occupants, the market may work best for move-up buyers or households with above-median incomes or existing equity who can take advantage of seller concessions and price cuts. First-time buyers relying on the local median household income of $61,314 may find the median home value of $479,350 difficult to carry, especially because that income is well below the state average of $80,426. The lack of population growth data makes it harder to identify demand from new residents, so buyers should not assume a rapid influx of competing offers in the near term.
Outlook
The near-term outlook for Newport is cautious. The 3-month home value momentum of -0.10%, the year-over-year change of -$1, the 81-day median time on market, and the 28.6% share of listings with price cuts all point to continued softness in the for-sale market. The 12-month home value momentum of 4.55% shows there was prior price strength, but the most recent data indicates that momentum has stalled. With 680 homes for sale and local incomes below the state average, buyer demand may remain constrained. The rent index of $2,057 could support investor interest, but that alone has not been enough to lift the overall PropertyIQ Score, which remains at 9 out of 100. Absent a shift in inventory levels, price momentum, or demand indicators, the data supports a flat-to-soft price environment in the near term. Population growth data is unavailable, so longer-term demand trends cannot be assessed from the provided figures.
AI-generated analysis based on current market data. Last updated August 20, 2026.
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Newport, OR market data
Newport, OR Housing Market Overview
Newport, OR's median home value is $479K, up 4.5% over the past year. Homes here sell in a median 81 days. Its PropertyIQ Score of 9 sits below the state average of 50, marking a market positioned to lag its state over the next three years.
Whether you're considering buying a home, investing in rental property, or weighing entry timing in the Newport, OR area, the PropertyIQ Score gives you a single, data-first read on relative market strength. It is validated against actual market outcomes from 2001 to 2023, with a positive score-to-return relationship in every validated year across OR and every other US state.
Pacific Coast housing markets feature the nation's highest price points alongside strong wage growth from technology, entertainment, and trade sectors. Supply constraints from geographic barriers and regulatory environments create persistent affordability challenges but also strong long-term appreciation potential. Within the Pacific, Newport, OR's PropertyIQ Score of 9 runs below the Pacific norm.
Each month, PropertyIQ updates its score for Newport, OR using four inputs: Zillow ZHVI twelve-month and three-month momentum, Realtor.com median days on market, and the Realtor.com share of listings with price cuts. These four signals are combined into a single 1 to 99 score computed across all metro markets and calibrated so 50 represents the state average, making it a direct read of how this market is positioned to perform relative to its state. Momentum here has been positive, with home values up 4.5% over the past year.
Use PropertyIQ's interactive analytics to compare Newport, OR against any other US metro on its PropertyIQ Score and underlying metrics. Generate a free AI market report, explore historical trends on the graphs page, or see how this market ranks on the scores dashboard.
Counties in the Newport, OR metro area
ZIP codes in the Newport, OR metro area
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Market data through July 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Newport, OR a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Newport, OR currently scores 9, a very weak-momentum reading that leaves it positioned to lag its state over the next three years. For buyers, cooling demand usually brings more inventory, longer sale times, and real leverage to negotiate on price. Backing that up, the median home value here is $479K, up 4.5% over the past year. So whether Newport, OR is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Newport, OR?
Newport, OR's PropertyIQ Score is 9, indicating very weak momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 9 places Newport, OR below its state benchmark.
Are home prices in Newport, OR rising or falling?
Home prices in Newport, OR are rising. Over the past year, the median home value increased 4.5%, reaching $479K. Over the latest three months, values slipped 0.1%, a sign near-term demand is softening. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Newport, OR's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Newport, OR?
In Newport, OR, homes sell in a median of 81 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 29% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Newport, OR market data is refreshed on a monthly cycle, with the latest figures current through July 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.