Newport housing market
Typical home value
$470K
▲ 0.4% 1 yr
Typical rent
$2,043/mo
▲ 8.4% 1 yr
12-month forecast
−0.6%
#500 of 546 metros
Gross rent yield
5.2%
#386 of 546 · U.S. 6.3%
Days to pending
95 days
▲ +3 days 1 yr
Listings with a price cut
28%
▲ +0.3 pts 1 yr
Key takeaways
- 1The typical home is worth $470,137, up 0.4% in a year and up 14% over five years.
- 2Zillow forecasts home values falling 0.6% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $2,043/mo (+8.4% YoY), a 5.2% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $2,584/mo in principal and interest, $541 more than renting.
- 5Homes go under contract in 95 days (+3 days vs last year); 28% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 31/100, #435 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Newport compares
| Measure | Newport | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +0.4% | +1.2% | #418 |
| Home value, 5-yr change | +14.1% | +19.7% | |
| 12-month forecast | −0.6% | +1.1% | #500 |
| Rent, 1-yr change | +8.4% | +2.7% | #26 |
| Gross rent yield | 5.2% | 6.3% | #386 |
| Price-to-rent ratio | 19.2 | 15.8 | |
| Mortgage P&I on typical home | $2,584 | $2,012 | |
| Days to pending | 95 | 56 |
Run the numbers
Rental property calculator
Cash flow on a typical Newport rental ($470K, $2,043/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Newport home.
Rent vs buy
Is it cheaper to rent or buy in Newport?
Other Oregon metros
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$539K home$1,803 rent4.0% yield
▼ 0.2% 1 yr
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Eugene, OR
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Medford, OR
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▲ 1.1% 1 yr
Bend, OR
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Albany, OR
$408K home$1,635 rent4.8% yield
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Roseburg, OR
$339K home$1,326 rent4.7% yield
▲ 0.1% 1 yr
Corvallis, OR
$553K home$1,811 rent3.9% yield
▲ 0.3% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.