Home prices
The median home value in Newberg is $320,400. Compared to nearby areas it is approximately $27,000 (9%) higher.It is approximately $102,900 (47%) higher in comparison to the entire country, and in comparison to the city of Portland is roughly $91,600 (22%) lower.
Rents
The median rent in Newberg is $1,125 a month. It is roughly $193 (14%) lower in comparison to its surrounding areas.Compared to the entire country it is roughly $63 (5%) higher, and is approximately $123 (9%) lower compared to the city of Portland.
Nearby places
Dundee
Dundee is approximately 2 miles southwest of Newberg. Housing prices there are a little less expensive. The median home value in Dundee is $302,500, which works out to $17,900 (5%) lower than Newberg. Rents there are somewhat more expensive. Dundee's median rent is $1,508 per month, which is $383 (25%) higher than Newberg.
Sherwood
Sherwood is about 5 miles northeast from Newberg. The housing prices there are a little more expensive. The median home in Sherwood costs $405,900, which comes out to $85,500 (21%) higher than Newberg. The rent there is a bit more expensive. Sherwood's median monthly rent is $1,485, which works out to $360 (24%) higher than Newberg.
St. Paul
St. Paul is roughly 5 miles south of Newberg. The real estate prices there are pretty similar. The median home in St. Paul is valued at $330,600, which works out to $10,200 (3%) higher than Newberg. Its rents are fairly similar. St. Paul's median monthly rent is $1,125, which is very similar to Newberg.
Donald
Donald is roughly 7 miles southeast of Newberg. Housing prices there are substantially less expensive. The median home in Donald costs $182,000, which works out to $138,400 (76%) lower than Newberg. The rent there is a little more expensive. Donald's median monthly rent is $1,375, which comes out to $250 (18%) higher than Newberg.
Lafayette
Lafayette is about 7 miles southwest from Newberg. Real estate prices there are somewhat less expensive. Lafayette's median home price is $246,000, which is $74,400 (30%) lower than Newberg. Its rents are fairly similar. In Lafayette the median rent is $1,097 a month, which comes out to $28 (2%) lower than Newberg.
