Market Overview

Newport's real estate market currently features 85 total listings across site-built homes, manufactured homes, and condos/townhomes. The market shows continued inventory contraction with significant price adjustments across all property types.

Site-Built Homes for Sale

Average Price: $704,000

Price Range: $300,000 - $1,400,000

Total Listings: 58

Average Price/SQFT: $384

Site-built homes represent 68% of the Newport market inventory.

View Current Listings of Newport, Oregon Site-Built Homes for Sale - Click Here

Manufactured Homes for Sale

Average Price: $280,000

Price Range: $133,000 - $365,000

Total Listings: 8

Average Price/SQFT: $217

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 for Sale

Average Price: $337,000

Price Range: $155,000 - $1,000,000

Total Listings: 19

Average Price/SQFT: $343

Condos and townhomes showing continued price adjustments in a competitive market.

View Current Listings of Newport, Oregon Condos for Sale - Click Here

Market Comparison

Key Insights

• Premium Market: Site-built homes command the highest average prices, with a gap of $424K between site-built and manufactured homes.
• Investment Value: Site-built homes lead in price per square foot at $384, followed by condos and townhomes at $343, while manufactured homes offer the best value at $217 per square foot.
• Entry Level Options: The most affordable properties in Newport are manufactured homes at $133K, followed by condos starting at $155K.
• Luxury Segment: The high-end market reaches $1.4M for site-built homes and $1M for condos.
• Inventory Distribution: The majority of available properties (68%) are site-built homes, with condos representing 22% and manufactured homes 10% of current inventory, based on the 58 site-built homes, 19 condos, and 8 manufactured homes currently listed.

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Market Changes & Trends

Notable Market Changes of September versus October 2025:

• Total listings decreased significantly from 99 to 85 properties (-14.1%)
• Site-built homes: Average price decreased from $717K to $704K (-1.8%), inventory dropped from 66 to 58 listings, price per sq ft increased from $371 to $384
• Manufactured homes: Average price decreased from $320K to $280K (-12.5%), inventory decreased from 10 to 8 listings, price per sq ft decreased significantly from $245 to $217
• Condos/Townhomes: Average price decreased from $361K to $337K (-6.6%), inventory decreased from 23 to 19 listings, price per sq ft decreased from $371 to $343

Key Market Trends:

• Dramatic inventory contraction of 14 properties signals accelerated market tightening as we head into late fall
• Manufactured homes experienced the largest price correction at 12.5%, along with a $100 drop in highest price point
• All property types showing price decreases, indicating possible seasonal softening or buyer negotiations
• Despite price decreases, site-built homes gained $13 per square foot, suggesting higher-quality inventory remaining
• Entry-level pricing improved slightly with manufactured homes now starting at $133K versus $153K last month
• Luxury market ceiling remained stable at $1.4M for site-built homes and $1M for condos
• Market showing typical fall patterns with reduced inventory and price adjustments across all segments

This snapshot represents current market conditions as of November 3rd, 2025. Data is subject to change with market fluctuations.