Coos Bay housing market

Buyer's marketCoos Bay, OR metro areaData through Sep 2026
Typical home value
$349K
▼ 0.5% 1 yr
Typical rent
$1,744/mo
▲ 4.9% 1 yr
12-month forecast
+0.1%
#465 of 546 metros
Gross rent yield
6.0%
#264 of 546 · U.S. 6.3%
Days to pending
76 days
▲ +6 days 1 yr
Listings with a price cut
28%
▲ +2.5 pts 1 yr

Key takeaways

  • 1The typical home is worth $348,739, down 0.5% in a year and up 10% over five years.
  • 2Zillow forecasts home values rising 0.1% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,744/mo (+4.9% YoY), a 6.0% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,916/mo in principal and interest, $172 more than renting.
  • 5Homes go under contract in 76 days (+6 days vs last year); 28% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 32/100, #421 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $349K
$207K$254K$301K$348K2016201920222025
Typical monthly rent
Latest $1,744
$1,567$1,624$1,682$1,739202420252026

How fast homes are selling

Days to go under contract
Latest 76
2342628120182020202220242026
Share of listings with a price cut
Latest 28.4%
9.3%15.3%21.4%27.4%20182020202220242026
Homes for sale vs new listings
Latest 452
For saleNew listings
7420333146020182020202220242026
Share of homes sold above list price
Latest 18.3%
9.5%20.7%31.9%43.0%20182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Coos Bay compares

MeasureCoos BayUnited StatesRank of 546
Home value, 1-yr change−0.5%+1.2%#481
Home value, 5-yr change+10.0%+19.7%
12-month forecast+0.1%+1.1%#465
Rent, 1-yr change+4.9%+2.7%#120
Gross rent yield6.0%6.3%#264
Price-to-rent ratio16.715.8
Mortgage P&I on typical home$1,916$2,012
Days to pending7656

Run the numbers

Other Oregon metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.