Is Coquille, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Coquille was a Seller's Market.
Key Takeaway
Coquille is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Coquille, OR
How much do homes in Coquille, OR cost?
Median Sold Price
$285,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Coquille have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Coquille was $285,000 in April 2024, up 2.7% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $419.5K | +115.1% |
| 2 Bedrooms | $227.5K | $245K | +7.7% |
| 3 Bedrooms | $277.5K | $345K | +24.3% |
| 4 Bedrooms | $428.5K | $366K | -14.6% |
| 5+ Bedrooms | $400K | $205K | -48.8% |
Summary: Coquille housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 115.1%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 24.3%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes decreased by 48.8%.
Housing Supply in Coquille, OR
How many homes are available in Coquille, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 31 | +24.0% |
Summary: The Coquille real estate market had 31 homes for sale in April 2024, a 24.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Coquille housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coquille, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Coquille in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Coquille, OR
How long does it take to sell a home in Coquille, OR?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 41 Days | 6 Days | -84.6% |
Summary: Homes in Coquille had an average of 6 days on market in Apr 2024, down by 84.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Coquille are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Coquille; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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