Newport Beach, CA Housing Market
Median List Price
$4,995,000
Updated August 2026
Today, Newport Beach has 246 homes for sale at a median list price of $4,995,000, typically selling in about 73 days.
Newport Beach Market Analysis
Buyers in Newport Beach, CA are looking at a median list price of $5M. Per square foot, the median stands at $1,613. Since February, the median price has moved up about 4.4% to $3.6M as of July.
It takes about 26 days for the typical home here to go under contract. Newport Beach, CA has 246 active listings on the market right now. 63 new listings came on the market in the last 30 days.
Pricing spreads from a $766,500 median for one bedroom homes to $12.4M for seven bedroom homes. Most of what is for sale here is single family homes, about 66.3% of the mix, with condos accounting for another 19.5%. The area spans the 92660, 92663, 92661, and 92662 ZIP codes.
Newport Beach Rental Market
Renters in Newport Beach, CA are looking at a median asking rent of $12,000. Since February, the median rent has moved down about 25.9% to $5,150 as of July. Newport Beach, CA has 193 active rental listings on the market right now.
Newport Beach Market Pulse
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 73 days to sell, and 38% of sellers have trimmed their asking price. At the same time, sales volume is up 20% versus six months ago, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$5.00M
↑ 1% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
5.7 months of supply
Balanced Supply246 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~73 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 7% over the last six months.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Housing Tenure in Newport Beach
Homeownership is near the state average, with a balanced mix of owners and renters.
53%
Homeowners
47%
Renters
Homeownership is 2.5 points lower than the California average (55.5%)
38,103 households (2023)
Affordability Snapshot
Typical home cost
$32,821/mo
Actual housing expense
Affordable budget (28%)
$3,697/mo
Based on median income
Median household income
$13,205/mo
Newport Beach
A typical home costs about 249% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$1.4M/year
Assumes housing costs ≤28% of income
View cost breakdown
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $2.5M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$5.3M)
Price Reductions
94 listings have reduced their price
38% of active listings
Average reduction: 7.0% (~$350K)
Browse Newport Beach Listings
Frequently Asked Questions about the Newport Beach, CA Housing Market
What is the median home price in Newport Beach, CA?
The median list price in Newport Beach is $4,995,000 as of August 2026, based on 246 active listings.
Is Newport Beach a buyer's market or a seller's market?
Newport Beach currently reads as a buyer's market. Active inventory works out to about 5.7 months of supply at the recent sales pace.
How fast do homes sell in Newport Beach?
Homes that closed in the last 90 days typically went under contract in about 26 days. The average home currently for sale has been on the market for 73 days.
Are home prices in Newport Beach going up or down?
The median sale price in Newport Beach is roughly flat compared with a year ago.
How many homes are for sale in Newport Beach, CA?
There are 246 homes for sale in Newport Beach right now, including 20 listed within the last week.
What is the median rent in Newport Beach?
The median asking rent in Newport Beach is $12,000 per month, across 193 active rental listings.