Is Newport Beach, CA 92662 a buyer’s or seller’s market?
Newport Beach is a seller’s market. With about 3.2 months of supply and 14% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 16% of U.S. ZIP codes, and #1010 of 1065 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
The Newport Beach housing market right now
In the three months ending August 31, 2026, 14% of homes in Newport Beach, CA 92662 sold above their list price, the typical home went under contract in 83 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (76 days then) and the median sale price fell 37% to $3,665,914. Overall, Newport Beach is more competitive than a year ago, so tougher for buyers.
Within Orange County, homes here sell more slowly than in 99% of the county’s ZIP codes, and sell less often over asking than in 88%.
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.
Run the numbers for 92662
Nearby markets
Aliso Viejo 92656Seller’s market $685 /sq ftAnaheim 92801Seller’s market $552 /sq ftAnaheim 92802Seller’s market $546 /sq ftAnaheim 92804Seller’s market $596 /sq ft Browse all markets →Towns like Newport Beach nearby
Find towns like Newport Beach in other states →Where Newport Beach is
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Questions about Newport Beach real estate
Is Newport Beach a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Newport Beach, CA 92662 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Newport Beach?
The typical home went under contract in 83 days in the latest three months.
Do homes in Newport Beach sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.
What are property taxes in Newport Beach?
About 1.15% of a home’s value a year in Orange County, or roughly $4,600 on a $400,000 home.
What is the median home price in Newport Beach?
The median sale price was $3,665,914 in the three months ending August 31, 2026, about $1,915 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology