Is Newport Beach, CA 92660 a buyer’s or seller’s market?

The Newport Beach housing market right now

In the three months ending August 31, 2026, 9% of homes in Newport Beach, CA 92660 sold above their list price, the typical home went under contract in 49 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 89 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 19%, homes sold about as fast and the median sale price rose 31% to $3,648,421. Overall, Newport Beach is less competitive than a year ago, which gives buyers more room.

Within Orange County, homes here sell more slowly than in 77% of the county’s ZIP codes, and sell less often over asking than in 92%. On our competition score, Newport Beach ranks #992 of 1,069 CA ZIP codes with enough sales (score 26 out of 100).

Nearby, buyers who want less competition could look at Silverado 92676 (0% sold over asking) or Irvine 92612 (4% sold over asking), while Surfside 90743 (100% sold over asking) and Brea 92823 (71% sold over asking) are even more competitive.