Newport, Oregon | Real Estate Market Snapshot Report

October 1st, 2025

Market Overview

Newport's real estate market currently features 99 total listings across site-built homes, manufactured homes, and condos/townhomes. The market shows continued evolution with notable inventory changes and price adjustments across all property types.

Site-Built Homes for Sale

Average Price: $717,000

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

Total Listings: 66

Average Price/SQFT: $371

Site-built homes represent 67% of the Newport market inventory.

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

Manufactured Homes for Sale

Average Price: $320,000

Price Range: $153,000 - $465,000

Total Listings: 10

Average Price/SQFT: $245

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: $361,000

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

Total Listings: 23

Average Price/SQFT: $371

Condos and townhomes now match site-built homes in price per square foot.

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

Market Comparison

Site-Built
Avg. Price: $717K
Lowest Price: $300K
Highest Price: $1.4M
Listings: 66
Avg. Price/SQFT: $371
Manufactured
Avg. Price: $320K
Lowest Price: $153K
Highest Price: $465K
Listings: 10
Avg. Price/SQFT: $245
Condos/Townhomes
Avg. Price: $361K
Lowest Price: $155K
Highest Price: $1M
Listings: 23
Avg. Price/SQFT: $371

Key Insights

  • Premium Market: Site-built homes command the highest average prices, with a gap of $397K between site-built and manufactured homes.
  • Investment Value: Site-built homes and condos/townhomes now share identical price per square foot at $371, indicating strong value parity in these segments.
  • Entry Level Options: The most affordable properties in Newport are manufactured homes at $153K, 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 (67%) are site-built homes, with condos representing 23% and manufactured homes 10% of current inventory, based on the 66 site-built homes, 23 condos, and 10 manufactured homes currently listed.

Want more information on the Newport, Oregon housing market?
Click Here to contact Advantage Real Estate

Market Changes & Trends

Notable Market Changes of August versus September 2025:

  • Total listings decreased from 109 to 99 properties
  • Site-built homes: Average price increased from $700K to $717K (+2.4%), inventory decreased from 77 to 66 listings, price per sq ft decreased from $374 to $371
  • Manufactured homes: Average price increased from $299K to $320K (+7.0%), inventory decreased from 11 to 10 listings, price per sq ft increased from $244 to $245
  • Condos/Townhomes: Average price decreased from $389K to $361K (-7.2%), inventory increased from 21 to 23 listings, price per sq ft increased from $366 to $371

Key Market Trends:

  • Significant inventory reduction of 10 properties indicates tightening market conditions
  • Manufactured homes showing strongest price appreciation at 7.0%, demonstrating continued demand for affordable housing options
  • Site-built homes rebounding with 2.4% price increase after previous month's decline
  • Condo market showing price correction with 7.2% decrease, despite increased inventory
  • Luxury market ceiling lowered from $1.8M to $1.4M for site-built homes, suggesting high-end properties have sold or been withdrawn
  • Entry-level pricing now more accessible with manufactured homes starting at $153K and condos at $155K

This snapshot represents September 2025 market conditions as of October 1st, 2025. Data is subject to change with market fluctuations.

Posted by Advantage Real Estate on

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