Newport, Oregon | Real Estate Market Snapshot Report

May 1st, 2025

Market Overview

Newport's real estate market currently features 96 total listings across site-built homes, manufactured homes, and condos/townhomes. The market shows significant price variation based on property type.

Site-Built Homes for Sale

Average Price: $794,000

Price Range: $385,000 - $2,300,000

Total Listings: 63

Average Price/SQFT: $373

Site-built homes represent 66% of the Newport market inventory.

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

Manufactured Homes for Sale

Average Price: $235,000

Price Range: $89,900 - $530,000

Total Listings: 7

Average Price/SQFT: $236

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: $365,000

Price Range: $190,000 - $1,200,000

Total Listings: 26

Average Price/SQFT: $363

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

Site-Built
Avg. Price: $794K
Lowest Price: $385K
Highest Price: $2.3M
Listings: 63
Avg. Price/SQFT: $373
Manufactured
Avg. Price: $235K
Lowest Price: $89K
Highest Price: $530K
Listings: 7
Avg. Price/SQFT: $236
Condos/Townhomes
Avg. Price: $365K
Lowest Price: $190K
Highest Price: $1.2M
Listings: 26
Avg. Price/SQFT: $363

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 2nd highest price per square foot despite a lower average price than site-built homes.
  • Entry Level Options: The most affordable properties in Newport are manufactured homes at $89.9K, followed by condos starting at $190K.
  • 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 (66%) are site-built homes, with condos representing 27% and manufactured homes just 7% of current inventory, based on the 63 site-built homes, 26 condos, and 7 manufactured homes currently listed.

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

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

Posted by Advantage Real Estate on

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