Commercial Real Estate Market in Newport, WA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
74 active listings and 264 off-market properties in Newport, WA.
Market Trends
Newport, WA spans 273.2 square miles in Pend Oreille County, Washington. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Newport, WA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Newport, WA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Newport, WA 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 Newport, WA 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
- Residential 61.3%
- Civic 29.4%
- Commercial 6.6%
- Industrial 2.7%
Largest Zones share of zoned land by district
Medium Density Residential
Public Uses
Low Density Residential
Commercial Highway
Light Industrial
Newport, WA zones 831 acres across 7 districts. Commercial zoning covers 6.6% of zoned land, residential 61.3% and industrial 2.7%. The largest single district is Medium Density Residential at 44.9%. For commercial buyers the practical constraint is that only 9.3% of land carries a commercial or industrial designation.
Medium Density Residential (MDR)
Medium density residential (MDR) zone. A. Purpose. The purpose of the MDR zone is to provide for higher intensity, less restrictive single- and double-family residences, as well as cluster housing, fourplexes and others as identified in the permitted use table. This area is encouraged to develop at a medium density (net eight to 10 units per acre). B. Access…
Market overview
Demographics & Economy
Newport, WA has 8,478 residents in 4,981 households. Density runs 31 people per square mile. Median household income here is $59,040 and median gross rent $788 a month.
8,478
Population
4,981
Households
1.7
Avg Household Size
51
Median Age
21%
College-Educated
95%
High-School Grad
273.2 sq mi
ZIP Area
31
Density / Sq Mi
$59,040
Median Household Income
$39,590
Median Earnings
$788
Median Rent
$303,200
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Newport?
Commercial property in Newport, WA asks an average of $3 per square foot.
What zoning applies to commercial property in Newport?
Newport, WA zones 831 acres across 7 districts, of which 6.6% is commercial and 2.7% industrial. The largest single district is Medium Density Residential at 44.9% of zoned land. Medium density residential (MDR) zone. A. Purpose. The purpose of the MDR zone is to provide for higher intensity, less restrictive single- and double-family residences, as well as cluster housing, fourplexes and others as identified in the permitted use table. This area is encouraged to develop at a medium density (net eight to 10 units per acre). B. Access… Residential zoning covers 61.3% and open space 0%.
Where does Realmo's Newport market data come from?
Realmo compiles Newport, WA figures from 73 active sale listings, 1 active lease listings, 264 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 73 active for-sale and 1 active for-lease listings in Newport, WA. 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: 831 zoned acres across 7 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 · How Realmo checks market page data · Report a data issue
