Newport, Oregon | Real Estate Market Report |
Home Prices & Inventory - June 1st, 2026
Newport, Oregon - Real Estate
Market Overview
The Newport, Oregon real estate market opened June 2026 with 100 total active listings inside the Newport city limits, spanning site-built homes, condominiums and townhomes, manufactured homes on owned land, and manufactured homes in age-restricted 55+ communities. This snapshot reflects active listings as of June 1, 2026, based on our internal MLS analysis of the Lincoln County real estate market. Total inventory rose from 87 listings on May 1, a 14.9 percent increase that continues the seasonal listing build typical of the Oregon coast heading into summer. The most notable shift this cycle is the return of the manufactured-with-land segment, which had no active listings in May, while the 55+ community segment held steady. The sections below pair each segment's housing market statistics with interpretation of what the numbers mean for Newport Oregon home prices and inventory trends.
Market Summary by Property Type
| Property Type | Avg. Price | Price Range | Listings | Avg. Price/SQFT | Listings vs. May 2026 |
|---|---|---|---|---|---|
| Site-Built | $781,000 | $150,000 - $2,500,000 | 63 | $379 | +8 (from 55) |
| Condos / Townhomes | $348,000 | $135,000 - $899,000 | 31 | $376 | +1 (from 30) |
| Manufactured w/Land | $474,000 | $275,000 - $599,900 | 4 | $317 | +4 (from 0) |
| Manufactured 55+ | $247,000 | $215,000 - $279,000 | 2 | $198 | 0 (from 2) |
| Total Market | -- | $135,000 - $2,500,000 | 100 | -- | +13 (from 87) |
Site-Built Homes for Sale
Average Price: $781,000
Price Range: $150,000 - $2,500,000
Total Listings: 63
Average Price/SQFT: $379
Site-built homes remain the backbone of the Newport Oregon real estate market at 63 active listings, up from 55 on May 1. The average asking price rose to $781,000 from $764,000, a 2.2 percent gain, while average price per square foot increased to $379 from $370. The high end held at $2,500,000. The $150,000 price floor is a single as-is property with recent fire damage, so it reflects one distressed listing rather than a market-wide move in entry-level pricing. For buyers, the deeper selection improves negotiating room, and the as-is listing offers an unusually low entry point for someone prepared for a significant renovation or rebuild, which is worth reviewing with a contractor and inspector before any offer. For sellers of standard-condition homes, firming prices and per-square-foot figures support confident pricing even as the competing pool grows.
Condos and Townhomes for Sale
Average Price: $348,000
Price Range: $135,000 - $899,000
Total Listings: 31
Average Price/SQFT: $376
Newport's condominium and townhome segment held steady on volume at 31 active listings, up by one from 30 in May, with prices firming. The average asking price climbed to $348,000 from $341,000, and average price per square foot rose to $376 from $367, keeping condo per-foot pricing within a few dollars of site-built homes at $379. The high end held at $899,000 while the entry point rose to $135,000 from $100,000. Much of Newport's condo inventory sits near the bayfront and oceanfront, where ocean-view units command the premium pricing that keeps the segment's per-foot figures close to detached homes. For buyers, condos remain the most accessible route into ocean-adjacent ownership, though the rising floor narrows the gap with entry-level detached homes. For sellers, the steady volume and firmer per-foot pricing support confident list prices on well-located, view-oriented units.
Manufactured Homes for Sale
(with Land)
Average Price: $474,000
Price Range: $275,000 - $599,900
Total Listings: 4
Average Price/SQFT: $317
Manufactured homes on owned land returned to the Newport market this cycle with 4 active listings, after recording no inventory on May 1. The four homes sit on private parcels in established Newport neighborhoods, including Newport Heights and Yaquina Heights, rather than in age-restricted parks. The average asking price is $474,000 across a $275,000 to $599,900 range, with an average price per square foot of $317. That per-foot figure runs well above the manufactured 55+ segment because these listings pair the home with owned land, and the asking prices reflect lot size, location, and views as much as the structure itself. For buyers, the reappearance of this segment restores a path that was unavailable a month ago, though pricing here competes with entry-level site-built homes more than with park-based manufactured housing. For sellers, with the segment rebuilding from an empty starting point, pricing should lean on the specific comparable property and its land rather than a thin category average.
Manufactured Homes for Sale
(in 55+ Communities)
Average Price: $247,000
Price Range: $215,000 - $279,000
Total Listings: 2
Average Price/SQFT: $198
The age-restricted 55+ manufactured home segment held steady at 2 active listings, both in Pacific Homes Beach Club, one of Newport's established gated 55+ communities near Agate Beach. The average asking price eased to $247,000 from $250,000 in May, a change driven by a price reduction on one of the two units rather than broader softening, with the range running $215,000 to $279,000 and an average price per square foot of $198. Pacific Homes Beach Club pairs single-level manufactured homes with shared amenities including a clubhouse, fitness room, and pool, along with a community trail connecting toward Agate Beach, the kind of low-maintenance, amenity-supported setting that draws qualified buyers 55 and older to the segment. Two additional 55+ homes, in Longview Hills Park and Surfside Village Co-op, are under contract and are excluded here under the report's active-only scope. For buyers, the two active options are concentrated in a single community, so anyone set on a different 55+ park may need to wait for the pending homes to clear or relist. For sellers, limited active competition within Pacific Homes Beach Club supports pricing, though the recent reduction shows buyers remain price-sensitive at this level.
Key Observations
- Inventory continued to build: Newport Oregon housing inventory rose 14.9 percent month over month, from 87 active listings on May 1 to 100 on June 1, extending the seasonal listing build into the early summer market on the Oregon coast.
- Site-built pricing firmed: Site-built homes added 8 listings (55 to 63) as the average asking price rose 2.2 percent to $781,000 and per-square-foot pricing reached $379. The $150,000 low is a single as-is property with recent fire damage, not a shift in standard entry-level pricing.
- Condo prices edged up on flat volume: The condominium average rose 2.1 percent to $348,000 with per-foot pricing at $376, within a few dollars of detached homes, while listing count held near steady and the luxury ceiling stayed at $899,000.
- Manufactured-with-land returned to the market: After showing no inventory in May, this segment came back with 4 active listings on private parcels, averaging $474,000 and reaching $599,900 at the top, pricing that competes with entry-level site-built homes.
- 55+ segment held steady in a single community: Both active 55+ listings are in Pacific Homes Beach Club, with the average easing to $247,000 on a price reduction. Two more 55+ homes, in Longview Hills Park and Surfside Village Co-op, are pending and excluded under the active-only scope.
- Manufactured categories were verified individually: Listings were reviewed one by one to separate age-restricted 55+ park homes from manufactured homes on owned land, because MLS sub-type coding does not reliably distinguish the two and can place 55+ park homes in the wrong bucket.
May 2026 - Newport Oregon Market Activity
The following data is sourced from RPR (Realtors Property Resource) and covers closed sales, pending activity, and broader market conditions for May 2026 across single-family homes, condominiums, and multi-unit properties. This dataset reflects overall market activity and is not directly comparable to the active listing snapshot above, which reflects a point-in-time inventory count for specific property categories inside Newport city limits.
| Market Indicator | May 2026 |
|---|---|
| Median Sold Price | $390,000 |
| Properties Sold | 10 |
| Sell-to-List Price Ratio | 95.91% |
| Median Days in RPR* | 112 |
| Median Sold Price/SQFT | $323 |
| Total Sold Volume | $4,433,622 |
| New Listings | 32 |
| Median New Listing Price | $585,000 |
| New Pending Listings | 16 |
| Median New Pending Price | $512,000 |
| Active Listing Total Volume | $62,225,499 |
| Months Supply of Inventory | 6.2 |
| NAR Median Estimated Price | $524,940 |
*RPR's Days in RPR figure uses a cumulative calculation methodology that differs from the standard MLS days-on-market metric and typically produces higher numbers. It is included here for reference but should not be compared directly to MLS-reported days on market.
According to RPR data for May 2026, the Newport Oregon real estate market recorded 10 closed sales at a median sold price of $390,000 and a sell-to-list ratio of 95.91%, meaning homes generally closed about 4 percent below asking price. That ratio represents a slight softening compared to March's 96.96%, consistent with the market type shift RPR now classifies as balanced rather than a seller's market. Months supply of inventory reached 6.2 in May, up 10.7% from the prior month, which places Newport at the upper boundary of the balanced range. Six months supply is the conventional threshold between balanced and buyer-favoring conditions, and the 11-month trend shows a 17.7% decline from a year ago, indicating this is a meaningful structural shift rather than a single-month fluctuation.
Buyer engagement remained active heading into summer. RPR recorded 16 new pending listings in May at a median of $512,000, and 32 new listings entered the market at a median of $585,000, a figure that tracks closer to the site-built asking price range than the overall sold median, reflecting the higher-priced properties being added to inventory. The NAR median estimated price of $524,940 reflects an 11-month appreciation of 1%, a modest but positive trend for a coastal Oregon market navigating rising supply levels.
About this Report
This snapshot covers active residential listings inside the Newport, Oregon city limits across four segments: site-built homes, condominiums and townhomes, manufactured homes on owned land, and manufactured homes in age-restricted 55+ communities. Figures reflect active listing prices, not sold prices or appraised values, and are current as of June 1, 2026, based on our internal MLS analysis of the Lincoln County real estate market. Pending and closed transactions, commercial property, and bare land are not included in the active listing snapshot. May 2026 closed-sale and market-activity data is sourced from RPR (Realtors Property Resource) and covers single-family, condo, and multi-unit property types across the broader Newport area; it is presented separately and is not directly comparable to the active listing figures above.
This Newport, Oregon real estate market snapshot reflects active listings as of June 1, 2026, compared with the May 1, 2026 snapshot. May 2026 market activity data is sourced from RPR (Realtors Property Resource). Listing prices and inventory change with market conditions. For questions about home inspection, lending, title and escrow, or tax matters, consult the appropriate licensed professional.
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