Newport Beach in short: The typical home is worth about $3,697,000 as of August 2026, up 10.7% in a year, against about $1,179,000 across Orange County. About 371 homes are for sale. Homes that sell go under contract in about 43 days. Typical rent is about $4,380 a month. First-time buyers can combine county and state down payment programs.
Newport Beach wraps around one of the largest recreational harbors on the West Coast, with Balboa Island, the Balboa Peninsula, Corona del Mar and the hills of Newport Coast all within city limits. It is also a business center, with Fashion Island and the offices around John Wayne Airport.
Housing ranges from beach cottages and condos on the Peninsula to waterfront homes on Lido Isle and large estates in Newport Coast. Values are among the highest in the country, and small differences in view, water frontage and lot size move prices significantly.
Coastal and harbor properties bring questions about flood zones, seawalls, docks and insurance. I review each one before any offer, and I compare recent sales at the level of the street, not the city.
Newport Beach housing market, August 2026
Home values in Newport Beach are up 10.7% from a year ago and up 23.0% over three years. Homes that sell are going under contract in about 43 days. About 22.2% of listings have had a price cut, which tells you how much room there is to negotiate. For comparison, the typical home value across Orange County is $1,179,000. At the typical rent and value, the gross rental yield is about 1.4% a year before expenses.
Sources: Zillow Research (home value and rent indexes, inventory, days to pending, price cuts) and Realtor.com Research, data through August 2026. These are market-wide figures, not an appraisal of any one home. See the Orange County market report for the county trend.
What a typical Newport Beach home costs to own
20% down
$24,355/month
- Down payment$739,444
- Principal and interest$19,579
- Property tax$3,389
- Insurance$1,386
Income to qualify: about $1,044,000 a year
10% down
$28,327/month
- Down payment$369,722
- Principal and interest$22,026
- Property tax$3,389
- Insurance$1,386
- Mortgage insurance$1,525
Income to qualify: about $1,214,000 a year
Estimates on the typical home value of $3,697,000 at the 6.95% 30-year fixed average (2026-09-17), with property tax at 1.1% and insurance at 0.45% of value a year, and income at 28% of gross for housing. HOA dues and Mello-Roos are extra where they apply. Not a loan quote. Down payment programs below can cover part of the down payment. See 20 years of mortgage rates.
Neighborhoods in Newport Beach
- Balboa IslandCottages and rebuilt homes on a small island in the harbor.
- Balboa PeninsulaBeach homes, cottages and condos between the harbor and the ocean.
- Corona del MarA village with its own beaches, shops and hillside streets.
- Newport CoastLarger homes in gated and non-gated communities in the hills above the coast.
- Lido IsleWaterfront and interior homes on an island with private beaches for residents.
- Newport HeightsEstablished neighborhood on the bluffs above the harbor and Pacific Coast Highway.
- EastbluffHomes and townhomes near the Upper Newport Bay nature preserve.
Schools
Newport-Mesa Unified School District serves Newport Beach. Always confirm the assigned school for a specific address with the district.
Getting around
Pacific Coast Highway, the 73 and the 55 serve the city, and John Wayne Airport is on its northern edge.
Down payment help for Newport Beach buyers
Orange County Mortgage Assistance Program (MAP) Open
OC Housing and Community Development
A deferred second loan at 3% simple interest of up to $120,000 for low-income and $80,000 for moderate-income first-time buyers. The price must be at or below 85% of the county median sales price.
Orange County Mortgage Credit Certificate (MCC) Open
County of Orange, administered by National Homebuyers Fund
A federal income tax credit on part of the mortgage interest you pay, every year for the life of the loan. Income up to 115% of area median income, and it stacks with MAP and other programs.
CalHFA MyHome Assistance Program Open
California Housing Finance Agency
A deferred junior loan of up to 3% of the price toward the down payment or closing costs, paired with a CalHFA first mortgage. No monthly payment until you sell, refinance or pay off the loan.
See every program you may qualify for
Program terms from the official program pages, last checked September 2026. Income and price limits apply and funds can close without notice, so confirm current terms before you rely on them.
Newport Beach ZIP codes at a glance
| ZIP | Median asking price | Per sq ft | Homes for sale | Median days on market |
|---|---|---|---|---|
| 92625 | $6,145,000 | $2,335 | 66 | 75 |
| 92657 | $10,495,000 | $2,360 | 46 | 75 |
| 92660 | $4,500,000 | $1,390 | 118 | 70 |
| 92661 | $5,638,000 | $2,576 | 34 | 97 |
| 92662 | $8,223,000 | $3,602 | 10 | 81 |
| 92663 | $4,395,000 | $1,620 | 72 | 75 |
Realtor.com Research listing data by ZIP code, August 2026. A ZIP code can cross city lines.
Newport Beach real estate questions
How much does a home cost in Newport Beach?
As of August 2026, the typical home value in Newport Beach is about $3,697,000, up 10.7% from a year earlier, according to the Zillow Home Value Index. The median asking price for homes listed that month was about $4,033,000. Condos and townhomes usually sit below the typical value and larger detached homes above it.
What is the monthly payment on a typical home in Newport Beach?
At the typical value of $3,697,000, with 10% down and a 6.95% 30-year fixed rate, the full monthly cost including property tax, insurance and mortgage insurance is about $28,327. Lenders would usually look for household income around $1,214,014. HOA dues and Mello-Roos are extra where they apply. This is an estimate, not a loan quote.
Is there down payment help for Newport Beach buyers?
Yes. Countywide, first-time buyers in Newport Beach can look at the Orange County Mortgage Assistance Program and the Orange County Mortgage Credit Certificate, and statewide at CalHFA's MyHome Assistance Program. Income and price limits apply, and the right combination depends on your situation. The finder on this site lists more than 40 programs across Southern California.
Is Newport Beach only for luxury buyers?
Most homes in Newport Beach are high priced, but the city also has condos and older cottages, particularly on the Balboa Peninsula and in some inland neighborhoods, that cost less than the city's typical value. They are limited, so the key is knowing when they list.
Official resources
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