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 TypeAvg. PriceLowest PriceHighest PriceListingsAvg. 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.

Posted by Advantage Real Estate on

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