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City-owned Homes And Land in Coos Bay, OR 97420

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Living in Coos Bay, OR

Coos Bay, OR, is a picturesque coastal city known for its stunning ocean views and vibrant community. The city offers various outdoor recreational activities and modern amenities, making it an attractive area for families and investors alike. Local schools prioritize quality education, contributing to the area's charm and appeal.

Current Market Conditions in Coos Bay, OR

The real estate market in Coos Bay is currently favorable for both buyers and investors due to steady demand and a variety of housing options. With median home prices showing consistent growth over recent years, positive trends are fueling interest in the local market. Investors are finding opportunities in both residential and rental properties as the area continues to attract new residents.

There are reports of an increase in demand for vacation rentals and second homes, given the region's popularity as a coastal getaway. As tourism rises, investors are capitalizing on this trend by purchasing properties to accommodate visitors, further enhancing the local economy.

Home Value Estimator For Coos Bay, OR

There are currently 10,113 real estate properties in Coos Bay, OR, with a median automated valuation model (AVM) price of $309,900.00. 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 $349,360.00, with the most expensive house in Coos Bay, OR, topping out at $9,966,188.00 and the cheapest home in Coos Bay, OR, clocking in at $10,830.00. 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 $1,118.00. 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.

Coos Bay, OR 97420 City-owned Homes And Land


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