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Newport Beach Real Estate Market

Newport Beach is one of the most competitive luxury markets in Orange County. As of August 2026, the median home price sits at $3,839,959, up 12.9% year-over-year, with homes averaging 63 days on market. From the gated estates of Newport Coast to the beach cottages of Balboa Peninsula and the harbor-front homes of Corona del Mar, this market rewards buyers and sellers who work with an agent who tracks it closely, deal by deal.

Whether you're searching for a turnkey home on the water, evaluating a teardown-and-rebuild opportunity, or preparing to list a property in Newport Coast, Balboa Island, or Corona del Mar, I bring the same data-driven approach and local relationships I use across Orange County's luxury market. I'll help you understand true comparables, negotiate from a position of strength, and time your move to the market — not against it.

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Lionel "LP" Franklin

| Franklin Real Estate Group | Keller Williams Realty​

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