Zip 97365 (Newport, OR) Housing

The housing market in Newport, OR (zip code 97365) is doing quite well compared to the US average. The median value of houses in Newport is $451,000, significantly higher than the national average of $338,100. In the last year, house appreciation in Newport has been 9.26%, which is also higher than the US average of 8.27%. This suggests that housing prices in Newport will continue to rise as demand increases with each passing year.

The median home cost in Newport (zip 97365) is $451,000. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Newport (zip 97365) is up 14.2%.

Average Age of Homes

- The median age of Newport (zip 97365) real estate is 39 years old

The Rental Market in Newport (zip 97365)

- Renters make up 35.9% of the Newport (zip 97365) population
- 1.1% of houses and apartments in Newport (zip 97365), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Newport, Oregon	United States
	5,825.0	139,647,020.0
	43	42
	$451,000	$338,100
	14.2%	16.6%
	69.9%	57.0%
	144.5%	101.1%
	$11.59	$10.98
	$3,486	$2,690
	50.1%	57.4%
	18.5%	11.2%
	31.5%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	1.9%	0.4%
	11.3%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	1.1%	2.4%
	2.6%	2.8%
	0.0%	3.9%
	1.4%	4.5%
	8.2%	11.3%
	13.6%	13.0%
	21.2%	20.1%
	23.6%	13.6%
	8.4%	8.3%
	14.4%	9.7%
	2.4%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	1.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.7%	13.6%
	6.7%	13.6%
	18.9%	13.6%
	15.8%	13.2%
	23.5%	14.8%
	18.9%	13.6%
	6.5%	10.0%
	6.6%	4.7%
	8.8%	12.2%

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