Coos Bay, OR Foreclosures
How much do homes sell for in Coos Bay, OR?
The average home price is currently $359,849.
In Coos Bay, OR, how many homes are available?
There are currently 41 active home listings available in Coos Bay.
What’s the average rental cost in Coos Bay, OR?
The average rental price in Coos Bay is $1,116.
What is the most expensive home in Coos Bay?
The most expensive home sold in Coos Bay had a price of $12,310,848.
What is currently the cheapest priced home in Coos Bay, OR?
The cheapest home for sale in Coos Bay is priced at $10,043.
Living in Coos Bay, OR
Coos Bay, Oregon is a charming coastal city renowned for its natural beauty and outdoor activities. With a mild climate, it enjoys a strong sense of community and offers a variety of local amenities, making it an appealing place to live. Outdoor enthusiasts can enjoy the scenic landscapes, parks, and nearby recreational areas.
Current Market Conditions in Coos Bay, OR
Coos Bay's real estate market is currently experiencing a steady increase in demand, particularly for single-family homes and waterfront properties. Buyers are drawn to the area due to its picturesque scenery, recreational opportunities, and relatively affordable housing compared to larger cities in Oregon. As a result, home prices have been climbing, although the market still presents chances for buyers to find good deals especially in family-friendly neighborhoods.
In the past year, the market has remained competitive, with many listings receiving multiple offers. Buyers are often looking for homes with unique features or those that offer access to the coast, which has driven prices higher. It’s important for potential homeowners to act quickly in this thriving market.
Home Value Estimator For Coos Bay, OR
There are currently 10,947 real estate properties
in Coos Bay, OR,
with a median automated valuation model (AVM) price
of $316,070.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Coos Bay, OR, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Coos Bay, OR,
is $359,849.00, with the most expensive house
in Coos Bay, OR, topping out
at $12,310,848.00 and the cheapest home
in Coos Bay, OR,
clocking in at $10,043.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Coos Bay, OR!
Rent Prices
In Coos Bay, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Coos Bay, OR, is on
a rollercoaster ride. The
average rent price in Coos Bay, OR,
is $1,116.00. Indeed, when looking to rent in
Coos Bay, OR, you can expect to pay as little
as $480.00 or as much
as $2,690.00,
with the average rent median estimated to
be $1,080.00. The good news is that finding
an affordable and desirable property to rent in Coos Bay, OR
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
