Commercial Real Estate Market in Newberg, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
41 active listings and 648 off-market properties in Newberg, OR. Commercial property asks $373/SF to buy and $28.33/SF/Yr to lease.
Market Trends
Newberg, OR spans 62.6 square miles in Yamhill County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Newberg, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Newberg, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Newberg, OR runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Newberg, OR runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Planned_development 29.2%
- Industrial 25.1%
- Residential 24.6%
- Commercial 10.8%
- Civic 5.8%
- Open space 4.5%
Largest Zones share of zoned land by district
Low Density Residential
Medium Density Residential
Springbrook Distrct Low Density Residential
Community Commercial
Institutional
Low Density Residential (R-1)
The purpose of this land use designation is to provide a stable and healthful residential environment together with the full range of urban services, Typical housing types will include single-family dwellings, duplex dwellings, triplex dwellings, quadplex dwellings, townhouse dwellings, cottage cluster projects, limited multifamily dwellings and planned unit…
Market overview
Demographics & Economy
Newberg, OR has 32,028 residents in 12,411 households. Density runs 511 people per square mile. Median household income here is $95,150 and median gross rent $1,567 a month.
32,028
Population
12,411
Households
2.6
Avg Household Size
38
Median Age
39%
College-Educated
93%
High-School Grad
62.6 sq mi
ZIP Area
511
Density / Sq Mi
$95,150
Median Household Income
$46,005
Median Earnings
$1,567
Median Rent
$498,500
Median Home Value
Tools
Nearby Markets
Commercial property in Newberg, OR asks $373/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newberg?
Commercial property in Newberg, OR asks an average of $373 per square foot.
How much does it cost to lease commercial space in Newberg?
Asking lease rates in Newberg, OR average $28.33 per square foot per year.
Where does Realmo's Newberg market data come from?
Realmo compiles Newberg, OR figures from 7 recent recorded sales, 34 active sale listings, 7 active lease listings, 648 tracked off-market properties, the current Newberg zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 34 active for-sale and 7 active for-lease listings in Newberg, OR. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 4,039 zoned acres across 50 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
