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 October 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

$346,000

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,250(-0.9%)

Key Takeaway

Homes in Coos County have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in Coos County was $346,000 in October 2024, down 0.9% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $189K$205.9K
+8.9%
2 $255K$265K
+3.9%
3 $368.4K$376.2K
+2.1%
4 $452.5K$429K
-5.2%
5+ $550K$430K
-21.8%

Summary: Coos County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 21.8%.

Median Sold Price Compared To Nearby Counties

Douglas County
+2.4%
Curry County
0.5%
Coos County
-0.9%

Housing Supply in Coos County, OR

How many homes are available in Coos County, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
394379-3.8%

Summary: The Coos County real estate market had 379 homes for sale in October 2024, a 3.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 611
+83.3%
2 9489
-5.3%
3 188180
-4.3%
4 8479
-6.0%
5+ 2220
-9.1%

Summary: The Coos County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 83.3%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
8050-37.5%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

11 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. 52% of homes here sold below asking price last month.

Summary: A total of 50 homes were sold or pending in Coos County in October 2024, down by 37.5% month-over-month. Of the 50 sold homes, 52% were sold under asking, 26% were sold at asking, and 22% 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

Oct 2023Oct 2024CHANGE
57 Days72 Days+26.0%

Summary: Homes in Coos County had an average of 72 days on market in Oct 2024, up by 26% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

14 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 October 2024, 50 homes were sold in Coos County; 50% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 28% 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 4 Days Ago

Newest Listings in Coos County, OR

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