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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Coos Bay, OR Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Coos Bay, OR Housing Market Trends

With a population of 15,840, 7,257 total housing units (homes and apartments), and a median house value of $358,530, Coos Bay real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Coos Bay, accounting for 58.38% of the city's housing units. Other types of housing that are prevalent in Coos Bay include large apartment complexes or high rise apartments ( 14.77%), duplexes, homes converted to apartments or other small apartment buildings ( 12.67%), and a few mobile homes or trailers ( 11.72%).

People in Coos Bay primarily live in small (one, two or no bedroom) single-family detached homes. Coos Bay has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Coos Bay built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Coos Bay built between 1940-1969 ( 33.38%). A lesser amount of the housing stock also hails from before 1939 ( 13.19%). There's also some housing in Coos Bay built between 2000 and later ( 11.57%).

Coos Bay Home Appreciation Rates

In the last 10 years, Coos Bay has experienced some of the highest home appreciation rates of any community in the nation. Coos Bay real estate appreciated 116.01% over the last ten years, which is an average annual home appreciation rate of 8.01%, putting Coos Bay in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Coos Bay definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Coos Bay appreciation rates have trailed the rest of the nation. In the last twelve months, Coos Bay's appreciation rate has been 3.13%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Coos Bay were at 2.47%, which equates to an annual appreciation rate of 10.23%.

Importantly, this makes Coos Bay one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Oregon, our data show that Coos Bay's latest annual appreciation rate is higher than 60% of the other cities and towns in Oregon.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Coos Bay differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Coos Bay - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Coos Bay real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$358,530

Coos Bay, OR Home Prices
> $1,361,000
$1,020,001 - $1,361,000
$680,001 - $1,020,000
$545,001 - $680,000
$408,001 - $545,000
$272,001 - $408,000
$136,001 - $272,000
$68,001 - $136,000
$0 - $68,000
0.7%
0.7%
0.7%
0.7%
6.7%
6.7%
8.0%
8.0%
20.0%
20.0%
30.6%
30.6%
17.0%
17.0%
11.7%
11.7%
4.7%
4.7%
0% 100.0%
% of Homes
Low

for Oregon

High

for nation

Number of Homes And Apartments:

7,257

Coos Bay Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,284 / per month

Homeownership Rate

Owners
Renters
59.0%
59.0%
41.0%
41.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
6.3%
6.3%
93.7%
93.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
11.6%
11.6%
41.9%
41.9%
33.4%
33.4%
13.2%
13.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
58.4%
58.4%
1.9%
1.9%
12.7%
12.7%
14.8%
14.8%
11.7%
11.7%
0.5%
0.5%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.6%
2.6%
11.9%
11.9%
35.6%
35.6%
39.7%
39.7%
6.8%
6.8%
3.3%
3.3%
0% 100.0%
% of Homes

Popular Communities Near Coos Bay, OR

Zip Codes in Coos Bay, OR