Property prices for sale in Newport (Oregon)

The prices in real estate in Newport, in the Oregon region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Newport has increased during the last 6 months. In December, the average price per sq.feet was $325. In January this price pretty much remained the same at a value of $335 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from $330 to $372 per sq.feet. The price per sq.feet has increased 107 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $351 to $376.5 during April, and May.

Average price

Based upon to the price in Newport (cities), these have remained the same in the last 6 months. The average price for December is $589,109. During January the price had a slight fall till $549,789. During the following two months (February, March) the average price fell 94 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $622,971 they are 19 % more affordable than the average price for Newport. The properties with the highest average price have 4 bedrooms, Their price is 169 % more costly than the average. After that we have properties with 3 bedrooms priced at $635,596.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $364 / sq.feet, with an average $385 / sq.feet price in Newport. The properties with the highest average prices have 1 bedroom. They are 106 % more expensive than the average followed by properties with 4 bedrooms with a price at $469 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $622,971 it is 78 % cheaper than the average price in Newport. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $392,223 it is 9 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $50 / sq.feet followed by "Condo" priced at $355 / sq.feet. "House" is the cheapest type of property with a $374 / sq.feet value followed by "Condo" with an average price of $355 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Newport
Number of properties used in region Oregon
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value