Market Intelligence · CA / Newport Beach

Newport Beach, CA 92662 Housing Market

The typical home value on Balboa Island in Newport Beach, CA 92662 is $4,736,921, up 13.3% over the past year. The median list price sits at $6,248,750, and homes take a median of 62 days on market.

Updated June 2026Median value$4737K

The median home value in Newport Beach, CA 92662 is $4.74M as of June 2026, up 13.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 92662 range

$4.36M to $5.12M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+13.3% over 12 months

Typical home value in 92662 over the last 12 months: $4.18M in Jun 2025 to $4.74M in Jun 2026 (+13.3%).

Jun 2025$4.18M

Jun 2026$4.74M

The numbers

What is the 92662 housing market like?

Typical home value

$4.74M

Up13.3%YoY

Median list price

$6.25M

Days on market

62

Up59.0%MoM

Homes for sale

16

Price cuts

20.2%

New listings

2

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 92662 home prices compare?

  • 92662$4,736,921
  • Newport Beach$4,024,258
  • California$705,456
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Newport Beach: 4 ZIPs; California: 1,543 ZIPs; United States: 26,270 ZIPs).

Context

The 92662 market shows 16 homes for sale as of June 2026, with just 2 new listings added. The median list price is $6,248,750, while the typical home value is $4,736,921, up 13.3% over the past year. Homes take a median of 62 days to sell, and 20.2% of listings have had a price cut. For a seller, the annual value gain is encouraging, but pricing carefully matters when homes are sitting on the market for a while.

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20% · $947,384

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