Newberg, OR Home Values & Market Trends

Real estate market trends reflect that there have been 405 transactions over the past year in Newberg. The median value for residential home transactions that occurred over the previous year is $536,788.13. The number of current listings in Newberg is 50, and the percentage of properties for sale in the city is 50.00%. Newberg, OR currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 50 properties for sale.

Newberg, OR Real Estate Market Overview

ZipMedian Est. Value
97132

$ 572,710

$ 318/sqft

Housing Market Summary for Newberg, OR

Apr 2023March 2024Change
Median Listing Price$699K$527.3K-24.55%
Median Sold Price$510.3K$527.3K3.34%
Homes For Sale384518.42%
Homes Sold249221-11.24%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Newberg, OR

Newberg home values range from $19,899 to $8,675,638. The median estimated value of a home in Newberg is $536,788.13. The median list price of a home is 579,000, and the total count of properties in the city is 9,487.

Foreclosure
There is 1 zips within Newberg, OR; within this zips, the median estimated home value for homes in foreclosure ranges from $1,953,011 in 97132 to the lowest value of $483,500 in 97132. Foreclosure homes account for 0.00% of properties in Newberg, OR with 97132 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Newberg, OR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Newberg, OR; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Newberg, OR ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Newberg, OR. There is 1 zips within Newberg, OR; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    97132 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Newberg, OR. Auction homes and other auction properties account for 0.02% of all properties in Newberg, OR. There is 1 zips within Newberg, OR; of that zips, the median estimated home value for homes going to auction ranges from $1,953,011 in 97132 to the lowest value of $483,500 in 97132.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.53% of residential properties in Newberg, OR with 97132 containing 50 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Newberg, OR; homes for sale in that zips, have a range of median values from $4,263,600 in 97132 to the lowest value of $237,385 in 97132.
    Sold Homes
    The median value for recently sold homes ranges from $4,263,600 in 97132 to the lowest price of $141,960 in 97132. There is 1 zips within Newberg, OR. 97132 has 233 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.46% of properties in Newberg, OR.

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      Guide for Newberg, OR

      Home Buying Guides & Tips
      Oregon Foreclosure Laws
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Oregon Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Oregon Foreclosure Laws

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      Recently Listed Homes Newberg, OR

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