The Newport Beach housing market is somewhat competitive. Homes in Newport Beach receive 2 offers on average and sell in around 65 days. The median sale price of a home in Newport Beach was $3.9M last month, up 28.6% since last year. The median sale price per square foot in Newport Beach is $1.42K, down 1.4% since last year.
What is the housing market like in Newport Beach today?
In October 2024, Newport Beach home prices were up 28.6% compared to last year, selling for a median price of $3.9M. On average, homes in Newport Beach sell after 65 days on the market compared to 57 days last year. There were 80 homes sold in October this year, down from 81 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$3,922,500
+28.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Newport Beach, CA
$3,922,500
+28.6%
United States
To compare other locations to the Newport Beach and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Newport Beach's median sale price is 808% higher than the national average. Overall cost of living in Newport Beach is 56% higher than the national average. Learn which home features in Newport Beach add value to a home.
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How hot is the Newport Beach housing market?
Newport Beach is somewhat competitive. Homes sell in 62 days.
0
100
37
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 62 days.
Hot homes
can sell for around list price and go pending in around 29 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Newport Beach
Explore recent offers and recently sold homes in Newport Beach
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Newport Beach housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Newport Beach.
Flood Factor - Major
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Newport Beach has a major risk of flooding. 3,563 properties in Newport Beach are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Newport Beach. Flood risk is increasing slower than the national average.
19% of properties are at risk of wildfire over the next 30 years
Fire Factor
Newport Beach has a moderate risk of wildfire. There are 5,555 properties in Newport Beach that have some risk of being affected by wildfire over the next 30 years. This represents 19% of all properties in Newport Beach.
Newport Beach has minimal risk of severe winds over the next 30 years
Wind Factor
Newport Beach has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.