92663, Newport Beach, CA

The Newport Beach zip code 92663 has a population of about 134,000 people and an average home value of $1.4 million. The median home value in the zip code is $1.2 million, which is higher than the California statewide median home value of $748,500.

The Newport Beach area has seen strong growth over the past few years, with home values increasing by an average of 8% annually from 2013 to 2017. This strong growth is likely due to a number of factors, including increasing demand for housing in the area and low interest rates that have made it easier for buyers to get mortgages.

Despite this strong growth, there are still areas in the Newport Beach zip code where homes are relatively affordable compared to other parts of California. For example, homes in the zip code that are located within city limits have an average price of just under $1 million, while homes outside of city limits have an average price of just over $1.5 million.