Newport, OR Home Values & Market Trends

Real estate market trends reflect that there have been 205 transactions over the past year in Newport. The median value for residential home transactions that occurred over the previous year is $465,928. The number of current listings in Newport is 24, and the percentage of properties for sale in the city is 24.00%. Newport, OR currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 24 properties for sale.

Newport, OR Real Estate Market Overview

ZipMedian Est. Value
97365

$ 592,250

$ 298/sqft

Housing Market Summary for Newport, OR

Apr 2023March 2024Change
Median Listing Price$699.5K$433.3K-38.05%
Median Sold Price$425.4K$433.3K1.86%
Homes For Sale3021-30.00%
Homes Sold1061125.66%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Newport, OR

Newport home values range from $42,002 to $4,617,540. The median estimated value of a home in Newport is $465,928. The median list price of a home is 591,750, and the total count of properties in the city is 4,353.

Foreclosure
There is 1 zips within Newport, OR; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Newport, OR with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Newport, OR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Newport, OR; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Newport, OR ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Newport, OR. There is 1 zips within Newport, OR; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Newport, OR. Auction homes and other auction properties account for 0% of all properties in Newport, OR. There is 1 zips within Newport, OR; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.55% of residential properties in Newport, OR with 97365 containing 23 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Newport, OR; homes for sale in that zips, have a range of median values from $2,600,000 in 97365 to the lowest value of $300,000 in 97365.
    Sold Homes
    The median value for recently sold homes ranges from $4,617,540 in 97365 to the lowest price of $104,690 in 97365. There is 1 zips within Newport, OR. 97365 has 112 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.64% of properties in Newport, OR.

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      Guide for Newport, OR

      Home Buying Guides & Tips
      Oregon Foreclosure Laws
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Oregon Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Oregon Foreclosure Laws

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      Recently Listed Homes Newport, OR

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