Housing in Coos Bay, OR is quite affordable compared to the US median value. The median value of homes in Coos Bay is $305,700 which is significantly less than the US median of $338,100. Despite this difference in pricing, the appreciation rate for housing in Coos Bay over the past year was 8.24%, which is almost identical to the national appreciation rate of 8.27%. This suggests that although there is a difference in pricing between Coos Bay and the rest of the country, it still offers a good investment opportunity for potential home buyers.
The median home cost in Coos Bay is $305,700. Home appreciation the last 10 years has been 126.6%. Home Appreciation in Coos Bay is up 13.1%.
Average Age of Homes
- The median age of Coos Bay real estate is 49 years old
The Rental Market in Coos Bay
- Renters make up 38.8% of the Coos Bay population
- 0.7% of houses and apartments in Coos Bay, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.