Newport, Oregon | Real Estate Market Snapshot Report
March 19, 2025
Market Overview
Newport's real estate market currently features 85 total listings across site-built homes, manufactured homes, and condos/townhomes. The market shows significant price variation based on property type.
Site-Built Homes
Average Price: $757,000
Price Range: $380,000 - $2,300,000
Total Listings: 52
Average Price/SQFT: $353
Site-built homes represent 61% of the Newport market inventory.
View Current Listings of Newport, Oregon Site-Built Homes for Sale - Click Here
Manufactured Homes
Average Price: $289,000
Price Range: $145,000 - $530,000
Total Listings: 8
Average Price/SQFT: $273
Manufactured homes offer the most affordable entry points in the Newport market.
View Current Listings of Newport, Oregon Manufactured Homes for Sale - Click Here
Condos and Townhomes
Average Price: $363,000
Price Range: $120,000 - $1,200,000
Total Listings: 25
Average Price/SQFT: $367
Condos and townhomes show the widest price range relative to average price.
View Current Listings of Newport, Oregon Condos for Sale - Click Here
Market Comparison
Property Type | Avg. Price | Lowest Price | Highest Price | Listings | Avg. Price/SQFT |
---|---|---|---|---|---|
Site-Built | $757K | $380K | $2.3M | 52 | $353 |
Manufactured | $289K | $145K | $530K | 8 | $273 |
Condos/Townhomes | $363K | $120K | $1.2M | 25 | $367 |
Key Insights
- Premium Market: Site-built homes command the highest average prices, more than double the average for manufactured homes.
- Investment Value: Condos and townhomes have the highest price per square foot despite a lower average price than site-built homes.
- Entry Level Options: The most affordable properties in Newport are condos starting at $120K, followed by manufactured homes at $145K.
- Luxury Segment: The high-end market reaches $2.3M for site-built homes and $1.2M for condos.
- Inventory Distribution: The majority of available properties (61%) are site-built homes, with condos representing 29% and manufactured homes just 10% of current inventory.
Want more information on the Newport, Oregon housing market?
Click Here to contact Advantage Real Estate
This snapshot represents market conditions as of March 19, 2025. Data is subject to change with market fluctuations.
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