Is Coos County, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coos County is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Coos County was a Seller's Market.

Key Takeaway

Coos County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Coos County, OR

How much do homes in Coos County, OR cost?

Median Sold Price

$346,559

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$3,589(-1.0%)

Key Takeaway

Homes in Coos County have sold for 1% less than they did a year ago.

Summary: The median home sold price in Coos County was $346,559 in May 2024, down 1% from last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $195K$202.5K
+3.8%
2 $259K$259.9K
0.4%
3 $374K$380K
+1.6%
4 $449K$410K
-8.7%
5+ $539.4K$470K
-12.9%

Summary: Coos County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes decreased by 12.9%.

Median Sold Price Compared To Nearby Counties

Coos County
-1.0%
Curry County
-1.2%
Douglas County
-1.6%

Housing Supply in Coos County, OR

How many homes are available in Coos County, OR?

Number of Homes For Sale

Apr 2024May 2024CHANGE
346396+14.5%

Summary: The Coos County real estate market had 396 homes for sale in May 2024, a 14.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 1110
-9.1%
2 7085
+21.4%
3 189198
+4.8%
4 5984
+42.4%
5+ 1719
+11.8%

Summary: The Coos County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 42.4%, and 5+ bedroom homes increased by 11.8%.

Number of Homes Sold

Apr 2024May 2024CHANGE
5256+7.7%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Coos County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 56 homes were sold or pending in Coos County in May 2024, up by 7.7% month-over-month. Of the 56 sold homes, 57% were sold under asking, 18% were sold at asking, and 25% were sold over asking.

Days on Market for Coos County, OR

How long does it take to sell a home in Coos County, OR?

Average Sale Time

May 2023May 2024CHANGE
41 Days35 Days-14.9%

Summary: Homes in Coos County had an average of 35 days on market in May 2024, down by 14.9% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Coos County are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 56 homes were sold in Coos County; 70% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Coos County, OR

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