Newport Coast

The Newport Coast, California real estate market has been steadily growing over the past few years. Located in Orange County, Newport Coast is a highly desirable area known for its luxurious homes, ocean views, and upscale amenities. In this blog, we will delve into the market trends, home values, and other key metrics to give you a better understanding of the real estate market in Newport Coast.

Overview for Newport Coast, CA

10,529 people live in Newport Coast, where the median age is 46.1 and the average individual income is $126,243.44. Data provided by the U.S. Census Bureau.

10,529

Total Population

46.1 years

Median Age

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

$126,243.44

Average individual Income

The Newport Coast, California real estate market has been steadily growing over the past few years. Located in Orange County, Newport Coast is a highly desirable area known for its luxurious homes, ocean views, and upscale amenities. In this blog, we will delve into the market trends, home values, and other key metrics to give you a better understanding of the real estate market in Newport Coast.

 

Market Trends

Over the past year, the Newport Coast real estate market has seen a significant increase in both home values and sales activity. The median home value in Newport Coast for a single family home as of January 2023 is $7.87 million, which represents a 19.7% increase over the past year. Additionally, the number of homes sold in Newport Coast has also decreased 58% from the previous year. 

One of the main drivers of the strong market performance in Newport Coast is the high demand for luxury homes in the area. The popularity of the region among wealthy buyers, combined with the limited supply of high-end properties, has led to competition among buyers and a resulting increase in home values.

Another factor contributing to the market growth is the strong local economy and job market. The Orange County region, which includes Newport Coast, has a diverse and thriving economy with a low unemployment rate. This has attracted more people to the area, leading to increased demand for housing.

 

Home Values

As mentioned above, the median home value in Newport Coast as of January 2021 is $3.3 million. This is significantly higher than the national median home value of $226,800 and the median home value in Orange County, which is $850,000.

The high home values in Newport Coast are largely due to the luxurious nature of the properties in the area. Many of the homes in Newport Coast are large, custom-built estates with high-end finishes and amenities such as pools, outdoor kitchens, and home theaters. These features contribute to the high price points of the homes in the area.

In terms of home value appreciation, Newport Coast has seen a steady increase over the past few years. According to Zillow, the median home value in Newport Coast has increased by 29.9% over the past five years. This is significantly higher than the national home value appreciation rate of 19.1% over the same period.

 

Real Estate Market Analysis

Overall, the Newport Coast real estate market is performing well, with strong demand and increasing home values. While the high price points of the homes in the area may be a deterrent for some buyers, the strong local economy and desirable location make Newport Coast an attractive market for those looking for luxury properties.

It's worth noting that the real estate market can be unpredictable, and it's always a good idea to do your own research and consult with a real estate professional before making a buying or selling decision. However, based on the current market trends and conditions, it looks like Newport Coast will continue to be a strong performer in the real estate market.

Newport Coast is home to a number of events throughout the year, ranging from community festivals to sporting events. Some popular events in the area include:

  • Newport Beach Film Festival: This annual event, held in April, showcases a variety of independent films from around the world.
  • Newport Beach Wine and Food Festival: This event, held in September, features tastings from top local restaurants and wineries, as well as cooking demonstrations and other culinary-themed events.
  • Newport Beach Christmas Boat Parade: This annual event, held in December, features decorated boats parading through the Newport Harbor.

Shopping

Newport Coast is home to a number of upscale shopping centers, including:

  • Fashion Island: This outdoor mall features a wide variety of high-end retailers, as well as dining and entertainment options.
  • Crystal Cove Shopping Center: This shopping center is home to a mix of specialty stores, restaurants, and services.

Parks and Outdoor Spaces

Newport Coast is home to a number of beautiful parks and outdoor spaces, including:

  • Crystal Cove State Park: This state park, located on the coast, features 3.2 miles of beach, as well as hiking and biking trails.
  • Pelican Hill Golf Club: This luxury golf club features two 18-hole courses with stunning views of the Pacific Ocean.

Amenities

In addition to the parks and shopping centers mentioned above, Newport Coast is home to a number of other amenities, including:

  • Luxury hotels: The area is home to a number of high-end hotels, including the Pelican Hill Resort and the Balboa Bay Resort.
  • Fine dining: Newport Coast is home to a number of top-rated restaurants, including Matros Steak House, A Restaurant and Javiers.

Demographics and Employment Data for Newport Coast, CA

Newport Coast has 4,239 households, with an average household size of 2. Data provided by the U.S. Census Bureau. Here’s what the people living in Newport Coast do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 10,529 people call Newport Coast home. The population density is 1,180.83 and the largest age group is Data provided by the U.S. Census Bureau.

10,529

Total Population

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

46.1

Median Age

45.86 / 54.14%

Men vs Women

Population by Age Group

0-9:

0-9 Years

10-17:

10-17 Years

18-24:

18-24 Years

25-64:

25-64 Years

65-74:

65-74 Years

75+:

75+ Years

Education Level

  • Less Than 9th Grade
  • High School Degree
  • Associate Degree
  • Bachelor Degree
  • Graduate Degree
4,239

Total Households

2

Average Household Size

$126,243.44

Average individual Income

Marital Status

Married
Single
Divorced
Separated

Commute Time

0 to 14 Minutes
15 to 29 Minutes
30 to 59 Minutes
60+ Minutes

Schools in Newport Coast, CA

All ()
Primary Schools ()
Middle Schools ()
High Schools ()
Mixed Schools ()
The following schools are within or nearby Newport Coast. The rating and statistics can serve as a starting point to make baseline comparisons on the right schools for your family. Data provided by the U.S. Census Bureau.
Type
Name
Category
Grades
School rating
Newport Coast Elementary
PUBLIC
K - 6th
5/5
PRIVATE
9th - 12th
No rating available

Featured Properties

Browse the available properties in the area below.
6 Midsummer Newport Coast CA 92657

For Sale

$69,800,000

6 Midsummer Newport Coast CA 92657

  • 7 Beds
  • 13 Baths
  • 15,500 Sq.Ft.
46 Deep Sea Newport Coast CA 92657

For Sale

$58,888,000

46 Deep Sea Newport Coast CA 92657

  • 6 Beds
  • 10 Baths
  • 14,000 Sq.Ft.
30 Pelican Crest Drive Newport Coast CA 92657

For Sale

$29,800,000

30 Pelican Crest Drive Newport Coast CA 92657

  • 5 Beds
  • 7 Baths
  • 8,212 Sq.Ft.
22 Deep Sea Newport Coast CA 92657

For Sale

$28,888,000

22 Deep Sea Newport Coast CA 92657

  • 6 Beds
  • 9 Baths
  • 12,234 Sq.Ft.
1 Island Vista Newport Coast CA 92657

For Sale

$28,850,000

1 Island Vista Newport Coast CA 92657

  • 5 Beds
  • 7 Baths
  • 11,438 Sq.Ft.
6 Waves End Newport Coast CA 92657

For Sale

$28,600,000

6 Waves End Newport Coast CA 92657

  • 8 Beds
  • 11 Baths
  • 13,787 Sq.Ft.
18 Swimmers Point Newport Coast CA 92657

For Sale

$28,500,000

18 Swimmers Point Newport Coast CA 92657

  • 6 Beds
  • 11 Baths
  • 11,494 Sq.Ft.
4700 Surrey Corona del Mar CA 92625

For Sale

$25,900,000

4700 Surrey Corona del Mar CA 92625

  • 5 Beds
  • 10 Baths
  • 12,977 Sq.Ft.
17 Sailcrest Newport Coast CA 92657

For Sale

$25,000,000

17 Sailcrest Newport Coast CA 92657

  • 6 Beds
  • 8 Baths
  • 10,400 Sq.Ft.
21 Skyridge Newport Coast CA 92657

For Sale

$22,850,000

21 Skyridge Newport Coast CA 92657

  • 5 Beds
  • 8 Baths
  • 11,047 Sq.Ft.
5 Sailview Newport Coast CA 92657

For Sale

$18,680,000

5 Sailview Newport Coast CA 92657

  • 6 Beds
  • 8 Baths
  • 9,219 Sq.Ft.
42 Offshore Newport Coast CA 92657

For Sale

$15,995,000

42 Offshore Newport Coast CA 92657

  • 5 Beds
  • 7 Baths
  • 7,934 Sq.Ft.
28 Fairway Point Newport Coast CA 92657

For Sale

$14,980,000

28 Fairway Point Newport Coast CA 92657

  • 7 Beds
  • 9 Baths
  • 8,998 Sq.Ft.
4633 Orrington Road Corona del Mar CA 92625

For Sale

$13,900,000

4633 Orrington Road Corona del Mar CA 92625

  • 4 Beds
  • 5 Baths
  • 5,219 Sq.Ft.
1 San Mateo Way Corona del Mar CA 92625

For Sale

$13,750,000

1 San Mateo Way Corona del Mar CA 92625

  • 7 Beds
  • 9 Baths
  • 11,900 Sq.Ft.
11 Pelican Crest Drive Newport Coast CA 92657

For Sale

$12,500,000

11 Pelican Crest Drive Newport Coast CA 92657

15 Pelican Crest Drive Newport Coast CA 92657

For Sale

$12,500,000

15 Pelican Crest Drive Newport Coast CA 92657

5 Greens Bluff Newport Coast CA 92657

For Sale

$11,995,000

5 Greens Bluff Newport Coast CA 92657

  • 5 Beds
  • 7 Baths
  • 5,203 Sq.Ft.

Around Newport Coast, CA

There's plenty to do around Newport Coast, including shopping, dining, nightlife, parks, and more. Data provided by Walk Score and Yelp.

2
Car-Dependent
Walking Score
14
Somewhat Bikeable
Bike Score

Points of Interest

Explore popular things to do in the area, including Awesome Toffee, I Share Water, and Light and Healthy Desserts.

Name Category Distance Reviews
Ratings by Yelp
Dining 17.53 miles 5 reviews 5/5 stars
Dining 14.36 miles 5 reviews 5/5 stars
Dining · $$ 7.16 miles 53 reviews 5/5 stars
Dining 6.24 miles 10 reviews 5/5 stars
Dining · $ 9.95 miles 8 reviews 5/5 stars
Dining 16.72 miles 6 reviews 5/5 stars