Is Coos County, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$344,225
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Coos County have sold for 5.8% less than they did a year ago.
Summary: The median home sold price in Coos County was $344,225 in March 2024, down 5.8% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189K | $193.7K | +2.5% |
| 2 Bedrooms | $259.5K | $257.2K | -0.9% |
| 3 Bedrooms | $378.6K | $372K | -1.7% |
| 4 Bedrooms | $444.4K | $449K | +1.0% |
| 5+ Bedrooms | $615K | $440K | -28.5% |
Summary: Coos County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 28.5%.
Median Sold Price Compared To Nearby Counties
| Douglas County | $349K | $343K | -1.7% |
| Curry County | $480K | $465K | -3.1% |
| Coos County | $365.5K | $344.2K | -5.8% |
Housing Supply in Coos County, OR
How many homes are available in Coos County, OR?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 457 | 488 | +6.8% |
Summary: The Coos County real estate market had 488 homes for sale in March 2024, a 6.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 18 | +50.0% |
| 2 Bedrooms | 88 | 88 | 0.0% |
| 3 Bedrooms | 236 | 256 | +8.5% |
| 4 Bedrooms | 96 | 103 | +7.3% |
| 5+ Bedrooms | 25 | 23 | -8.0% |
Summary: The Coos County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 40 | 52 | +30.0% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coos County, you may be able to get a good deal. 59.6% of homes here sold below asking price last month.
Summary: A total of 52 homes were sold or pending in Coos County in March 2024, up by 30.0% month-over-month. Of the 52 sold homes, 60% were sold under asking, 27% were sold at asking, and 13% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 64 Days | 76 Days | +19.6% |
Summary: Homes in Coos County had an average of 76 days on market in Mar 2024, up by 19.6% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Coos County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 52 homes were sold in Coos County; 40% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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