Is Newport, WA 99156 a buyer’s or seller’s market?
Newport is a balanced market. With about 5.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 39% of U.S. ZIP codes, and #248 of 298 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 August 31, 2026. See the breakdown
The Newport housing market right now
In the three months ending August 31, 2026, 26% of homes in Newport, WA 99156 sold above their list price, the typical home went under contract in 32 days and there were 5.4 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 36 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 7%, homes sold about as fast and the median sale price rose 18% to $514,777. Overall, Newport is more competitive than a year ago, so tougher for buyers.
Within Pend Oreille County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Newport ranks #248 of 298 WA ZIP codes with enough sales (score 40 out of 100).
Nearby, buyers who want less competition could look at Usk 99180 (0% sold over asking) or Metaline Falls 99153 (0% sold over asking).
Run the numbers for 99156
Nearby markets
Cusick 99119Buyer’s market $155 /sq ftIone 99139Seller’s market $143 /sq ftMetaline 99152 — /sq ftMetaline Falls 99153Buyer’s market $459 /sq ft Browse all markets →Towns like Newport nearby
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Questions about Newport real estate
Is Newport a buyer’s or seller’s market?
A balanced market: there were 5.4 months of supply in Newport, WA 99156 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?
The typical home went under contract in 32 days in the latest three months.
Do homes in Newport sell over asking?
26% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.
What are property taxes in Newport?
About 0.58% of a home’s value a year in Pend Oreille County, or roughly $2,320 on a $400,000 home.
What is the median home price in Newport?
The median sale price was $514,777 in the three months ending August 31, 2026, about $334 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