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Sarah Mitchell

CNESRESABR

Compass Real Estate · Coos Bay, OR

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Coos Bay, OR(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Coos Bay, OR Housing Market & Real Estate

Balanced market-21.9% YoY

Housing market overview · Updated monthly ·

$318,500median sale price

How is the Coos Bay, OR housing market right now?

The median home sale price in Coos Bay, OR is $318,500, down 21.9% year-over-year. Homes sell in an average of 13 days with 68 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Coos Bay a buyer's or seller's market?

Balanced market4.3 months of supply13 avg. days on market

Coos Bay, OR is currently a balanced market, based on 4.3 months of supply and homes selling in about 13 days. How we determine this →

Homes sold

16

Last 12 weeks

Days on market

13

Fast-moving

Active listings

68

4.3 months supply

Sale-to-list

97.5%

Below asking

What does the Coos Bay housing market data show?

Current housing market statistics for Coos Bay, OR
MetricValue
Median sale price$318,500
Median list price$390,000
Year-over-year price change-21.9%
Average days on market13 days
Active inventory68 listings
Months of supply4.3 months
Sale-to-list price ratio97.5%
Median price per sq ft$227/sq ft
Homes sold (latest month)16
New listings (latest month)30
Listings with a price cut35.3%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Coos Bay by property type?

How the Coos Bay, OR market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Coos Bay, OR
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$318,000$221/sq ft1515 days
Condo / Co-op$255,000$242/sq ft14 days
Townhouse$575,000$212/sq ft1314 days

Source: Redfin · Updated monthly

The Coos Bay housing market is currently classified as a balanced market with a median sale price of $318,500. Prices have fallen 21.9% compared to last year, with homes spending an average of 13 days on market, indicating 4.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.0x provides context for how home values compare to local earning capacity.

Homes for sale in Coos Bay

There are currently 68 homes listed for sale in Coos Bay, Oregon. The median listing price is $390K.

Active listings

68

Homes on market

Median list price

$390K

Avg. days on market

13

Days until sale

New this week

30

Newly listed

Price drops:35.3%of listings
Sale-to-list:97.5%

Who lives in Coos Bay?

Population

15,867

Median income

$55,292/yr

Median age

42.6 years

Owner-occupied

61.0%

College grads

21.4%

Avg commute

15 min

Source: U.S. Census Bureau ACS

What are homes worth in Coos Bay?

Zillow home value

$332,032

Zillow rent index

$1,632/mo

Price-to-rent ratio

17.0x

Price-to-income

6.0x

Source: Zillow Research

What is it like to live in Coos Bay?

Coos Bay is a community of approximately 16K residents with a median age of 42.6 years.The median household income is $55,292, which represents a working-class community with solid middle-income opportunities. 21.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 61.0%, showing a blend of owner and renter-occupied properties. The average commute time is 15 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Coos Bay offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Coos Bay?

10 schools tracked · 2,965 students

The largest public schools serving Coos Bay, OR by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Marshfield Senior High School

Grades 9-12 · 835 students

Public

Millicoma School

Grades 3-6 · 473 students

Public

Marshfield Junior High

Grades 7-8 · 408 students

Public

Sunset School

Grades 3-6 · 378 students

Public

Madison Elementary School

Grades K-2 · 296 students

Public

Eastside School

Grades K-2 · 283 students

Public

Lighthouse Charter School

Grades PK-8 · 205 students

Charter

Destinations Academy

Grades 9-12 · 50 students

Alternative

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Coos Bay, OR?

Want a head-to-head view? Compare Coos Bay side-by-side with any other U.S. city using our market-comparison tool.

Is Coos Bay a good real estate investment market?

For investors evaluating Coos Bay, the price-to-rent ratio of 17.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 21.9% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Coos Bay's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Coos Bay's median home price.

Frequently asked questions

What is the average home price in Coos Bay?

The median home sale price in Coos Bay is $318,500, down 21.9% from last year.

How long do homes stay on market in Coos Bay?

Homes typically spend 13 days on market before going under contract.

What is the median income in Coos Bay?

The median household income is $55,292 per year.

Is Coos Bay a buyer's or seller's market?

With 4.3 months of supply, Coos Bay is currently a balanced market.

What is the Zillow home value estimate for Coos Bay?

The Zillow Home Value Index (ZHVI) for Coos Bay is $332,032, representing the typical home value in the area.

What is the median condo price in Coos Bay?

The median condo/co-op sale price in Coos Bay, OR is $255,000, compared to $318,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Coos Bay?

The median single-family home price in Coos Bay, OR is $318,000 (about $221 per square foot).

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