Newport, OR metro area Housing Market

Cold Market

Comprehensive housing market data for the Newport, OR metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$525K

2.1% YoY

Days on Market

105 days

21.6% YoY

Active Inventory

455

15.2% YoY

Homes Sold

51

1.9% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Newport, OR metro area Market Summary

The Newport, OR metro area housing market is cooling down. As of March 2026, the median home sale price is $525K, up 2.1% year-over-year. Homes are spending a median of 105 days on the market, 21.6% shorter than a year ago.

There are 455 homes for sale — 15.2% more than last year. With 8.9 months of supply, this is a buyer's market. 147 new listings were added during this period, up 27.8% year-over-year.

Homes are selling for 95.9% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 24.4% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

88

Contributing Factors

Months of Supply 8.9
Days on Market 105
Price Drops 24.4%
Sale-to-List Ratio 95.9%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 20.2%
Days on Market (National: 55) 90.9%
Inventory (National: 1,314,690) 100.0%

vs. Oregon Median

Median Price (Oregon: $508K) 3.4%
Days on Market (Oregon: 46) 128.3%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.

Newport, OR metro area Market Trends

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Detailed Market Metrics

Median List Price

$567K

Price per Sq Ft

$331

Sale-to-List Ratio

95.9%

Months of Supply

8.9

Sold Above List

0.0%

Price Drops

24.4%

New Listings

147

27.8% YoY

Pending Sales

77

Off Market in 2 Weeks

24.7%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.