Housing in 92662 Newport Beach, CA has an impressive median value of $3,665,000 which is significantly higher than the US House Median Value of $338,100. In addition to this, the house appreciation in 92662 Newport Beach, CA over the past year has been 14.67%, which is much higher than the US 1 year House Appreciation of 8.27%. This highlights that housing in 92662 Newport Beach, CA is overall an attractive investment option compared to many other areas in the country.
The median home cost in Newport Beach (zip 92662) is $3,665,000. Home appreciation the last 10 years has been 109.2%. Home Appreciation in Newport Beach (zip 92662) is up 22.3%.
Average Age of Homes
- The median age of Newport Beach (zip 92662) real estate is 59 years old
The Rental Market in Newport Beach (zip 92662)
- Renters make up 38.3% of the Newport Beach (zip 92662) population
- 11.2% of houses and apartments in Newport Beach (zip 92662), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.