The housing market in the Coos Bay, OR Metro Area is quite strong. The median value of homes in the area is $314,100, which is slightly lower than the US House median value of $338,100. However, it has seen a higher yearly appreciation rate than the nation as a whole. The past year saw a 8.4% appreciation rate in Coos Bay, compared to an 8.27% appreciation rate for the country. This indicates that the area's housing market remains vibrant and is an attractive option for individuals looking to buy a home or invest in real estate.
The median home cost in Coos Bay Metro Area is $314,100. Home appreciation the last 10 years has been 126.6%. Home Appreciation in Coos Bay Metro Area is up 13.1%.
Average Age of Homes
- The median age of Coos Bay Metro Area real estate is 45 years old
The Rental Market in Coos Bay Metro Area
- Renters make up 28.6% of the Coos Bay Metro Area population
- 0.7% of houses and apartments in Coos Bay Metro Area, 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.