Why Live in Newberg
Newberg, OR, a city of about 26,000 residents, is conveniently located between Portland and the Willamette Valley wine country. It offers easy access to Portland, allowing residents to visit attractions like the Oregon Museum of Science and Industry and the art museum. Newberg is home to George Fox University, the only Christian university in the Pacific Northwest, and has a robust manufacturing industry, including A-Dec, a major dental equipment producer. The housing market features a mix of historic bungalows near downtown and new traditional Craftsman homes on the outskirts. The median home sales price is nearly $500,000, higher than the national median. Newberg-Dundee Public Schools serve over 4,000 students and offer a dual language program in Spanish. Downtown Newberg, particularly First Street, is a hub for wine-tasting rooms, boutiques, local restaurants, and galleries, with extended hours and events during the monthly First Friday Artwalk. The Chehalem Cultural Center hosts various festivals, including the Newberg Camellia Festival and the Willamette Valley Lavender Festival. Outdoor enthusiasts can enjoy water skiing and salmon fishing at Rogers Landing County Park, and the Chehalem Parks and Recreation District maintains numerous green spaces and recreational facilities. Oregon state Route 99W connects Newberg to Interstate 5 and downtown Portland, about 25 miles away, with additional transit options available. The city has seen a decrease in property crime and a slight increase in violent crime reports, and experiences a moderate climate with wetter winters.
Home Trends in Newberg, OR
On average, homes in Newberg, OR sell after 23 days on the market compared to the national average of 70 days. The median sale price for homes in Newberg, OR over the last 12 months is $440,000, down 9% from the median home sale price over the previous 12 months.
Median Sale Price
$440,000
Median Single Family Sale Price
$440,000
Median Townhouse Sale Price
$399,900
Median 2 Bedroom Sale Price
$347,000
Average Price Per Sq Ft
$385
Number of Homes for Sale
19
Last 12 months Home Sales
480
Median List Price
$429,999
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
-9%