Commercial Real Estate Market in Newport, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
85 active listings and 1,629 off-market properties in Newport, OR. Commercial property asks $273/SF to buy and $18.06/SF/Yr to lease.
Market Trends
Newport, OR spans 52.1 square miles in Lincoln County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Newport, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail space in Newport, OR asks $215/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Newport, 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 space in Newport, OR asks $287/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 26.7%
- Residential 23.3%
- Open space 13.3%
- Industrial 10.8%
Largest Zones share of zoned land by district
Public Structures
High Density Multifamily Residential
Medium Density Single Family Residential
Low Density Single Family Residential
Public Parks
Newport, OR zones 6,287 acres across 15 districts. Commercial zoning covers 26.7% of zoned land, residential 23.3%, open space 13.3% and industrial 10.8%. The largest single district is Public Structures at 22.8%. For commercial buyers the practical constraint is that only 37.5% of land carries a commercial or industrial designation.
Low Density Single Family Residential (R-1)
R-1/"Low Density Single-Family Residential." The intent of the R -1 district is to provide for large lot residential development. This district should also be applied where environmental constraints such as topography, soils, geology, or flooding restrict the development potential of the land. R-2/"Medium Density Single -Family Residential ." The intent of t…
Market overview
Demographics & Economy
Newport, OR has 12,493 residents in 7,200 households. Density runs 240 people per square mile. Median household income here is $63,781 and median gross rent $1,155 a month.
12,493
Population
7,200
Households
1.7
Avg Household Size
49
Median Age
31%
College-Educated
91%
High-School Grad
52.1 sq mi
ZIP Area
240
Density / Sq Mi
$63,781
Median Household Income
$30,108
Median Earnings
$1,155
Median Rent
$426,048
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Newport?
Commercial property in Newport, OR asks an average of $273 per square foot. The 6 most recent recorded sales traded at a median of $750/SF. Multifamily carries the highest asking price at $287/SF.
How much does it cost to lease commercial space in Newport?
Asking lease rates in Newport, OR average $18.06 per square foot per year.
What zoning applies to commercial property in Newport?
Newport, OR zones 6,287 acres across 15 districts, of which 26.7% is commercial and 10.8% industrial. The largest single district is Public Structures at 22.8% of zoned land. Residential zoning covers 23.3% and open space 13.3%.
Where does Realmo's Newport market data come from?
Realmo compiles Newport, OR figures from 8 recent recorded sales, 81 active sale listings, 4 active lease listings, 1,629 tracked off-market properties, the current Newport zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 81 active for-sale and 4 active for-lease listings in Newport, 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: 6,287 zoned acres across 15 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
