Coos Bay, Oregon Real Estate Market Analysis

dynamic.RE

Coos Bay, Oregon

1 ZIP in this city:97420

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

+14.5%

Slower

Price vs US

103%

Above avg

Median Listing Price

$440K

Population

27,621

Households

12,104

Median Days on Market

Active Listings

111

New Listings

Housing Market

Pricing

Median Listing Price

$440K+8.4% YoY

Average Listing Price

$501K+6.4% YoY

Price per Sq Ft

$258+6.6% YoY

Median Sq Ft

1,721-1.3% YoY

Inventory

Active Listings

111+32.1% YoY

New Listings

36-14.3% YoY

Total Listings

151+17.1% YoY

Buyer Competition

Pending Listings

42-6.7% YoY

Pending Ratio

0.38-29.1% YoY

Median Days on Market

72+14.3% YoY

Price Reduced

30.3%-0.1% YoY

Units & Occupancy

2024 Occupancy

32Kunits

Occupied28,73190.1%
Vacant3,1749.9%

2024 Tenure

29Koccupied

Owner20,44571.2%
Renter8,28628.8%

Renter Share

28.8%-1.5% YoY

Total Housing Units

31,905+0.7% YoY

FY2026 Fair Market Rent — Coos County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$951

/month

1 BR

$982

/month

2 BR

$1,265

/month

3 BR

$1,759

/month

4 BR

$2,122

/month

FMR Trends — Coos County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

27,621+0.2% YoY

2024 Age Mix

28Kresidents

Under 185,00618.1%
Adults 18–6415,81357.2%
65 & Over6,80224.6%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

44.80+0.7% YoY

Population Under 18

5,0060.0% YoY

Population 65 & Over

6,802+2.8% YoY

Households & Mobility

Total Households

12,104+1.7% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.22-2.2% YoY

2024 Residential Mobility

of residents

Same house87.9%
Moved (within US)12.0%
Other0.1%

Veterans

11.3%-0.9% YoY

Income & Poverty

Median Household Income

$62K-0.1% YoY

Per-Capita Income

$35K+3.3% YoY

Mean Household Income

$80K+3.9% YoY

Below Poverty Level

13.0%0.0% YoY

Commuting

2024 Commute Mode

of workers

Drove alone77.0%
Public transit0.0%
Worked from home9.1%
Other13.9%

Worked From Home

9.1%+4.6% YoY

Mean Commute

17.20-3.4% YoY

Units & Tenure

Total Housing Units

13,042+0.6% YoY

2024 Occupancy

13Kunits

Occupied12,10492.8%
Vacant9387.2%

2024 Tenure

12Khouseholds

Owner8,14867.3%
Renter3,95632.7%

Avg Household Size — Owner

2.29-1.7% YoY

Avg Household Size — Renter

2.08-3.7% YoY

County Demographics

Median Age

48.62024

Population

Coos County Population

64,326-0.4% YoY

Households

Total Households

28,731+1.1% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.21-1.3% YoY

Age

2024 Age Mix

65Kresidents

Under 1811,39117.6%
Adults 18–6435,20654.3%
65 & Over18,23028.1%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

11,391-1.8% YoY

Population 65 & Over

18,230+2.7% YoY

Median Age

48.600.0% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house86.9%
Moved (within US)12.8%
Other0.3%

Veterans

11.2%-5.9% YoY

County Economy

Income

Median Household Income

$62K+3.0% YoY

Per-Capita Income

$37K+4.1% YoY

Mean Household Income

$83K+4.8% YoY

Poverty

Below Poverty Level

16.1%+3.2% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone77.5%
Public transit0.0%
Worked from home8.1%
Other14.4%

Worked From Home

8.1%+8.0% YoY

Mean Commute

18.30-3.7% YoY

Coos Bay, Oregon

1 ZIP in this city:97420

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

+14.5%

Slower

Price vs US

103%

Above avg

Median Listing Price

$440K

Population

27,621

Households

12,104

Median Days on Market

Active Listings

111

New Listings

Housing Market

Pricing

Median Listing Price

$440K+8.4% YoY

Average Listing Price

$501K+6.4% YoY

Price per Sq Ft

$258+6.6% YoY

Median Sq Ft

1,721-1.3% YoY

Inventory

Active Listings

111+32.1% YoY

New Listings

36-14.3% YoY

Total Listings

151+17.1% YoY

Buyer Competition

Pending Listings

42-6.7% YoY

Pending Ratio

0.38-29.1% YoY

Median Days on Market

72+14.3% YoY

Price Reduced

30.3%-0.1% YoY

Units & Occupancy

2024 Occupancy

32Kunits

Occupied28,73190.1%
Vacant3,1749.9%

2024 Tenure

29Koccupied

Owner20,44571.2%
Renter8,28628.8%

Renter Share

28.8%-1.5% YoY

Total Housing Units

31,905+0.7% YoY

FY2026 Fair Market Rent — Coos County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$951

/month

1 BR

$982

/month

2 BR

$1,265

/month

3 BR

$1,759

/month

4 BR

$2,122

/month

FMR Trends — Coos County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

27,621+0.2% YoY

2024 Age Mix

28Kresidents

Under 185,00618.1%
Adults 18–6415,81357.2%
65 & Over6,80224.6%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

44.80+0.7% YoY

Population Under 18

5,0060.0% YoY

Population 65 & Over

6,802+2.8% YoY

Households & Mobility

Total Households

12,104+1.7% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.22-2.2% YoY

2024 Residential Mobility

of residents

Same house87.9%
Moved (within US)12.0%
Other0.1%

Veterans

11.3%-0.9% YoY

Income & Poverty

Median Household Income

$62K-0.1% YoY

Per-Capita Income

$35K+3.3% YoY

Mean Household Income

$80K+3.9% YoY

Below Poverty Level

13.0%0.0% YoY

Commuting

2024 Commute Mode

of workers

Drove alone77.0%
Public transit0.0%
Worked from home9.1%
Other13.9%

Worked From Home

9.1%+4.6% YoY

Mean Commute

17.20-3.4% YoY

Units & Tenure

Total Housing Units

13,042+0.6% YoY

2024 Occupancy

13Kunits

Occupied12,10492.8%
Vacant9387.2%

2024 Tenure

12Khouseholds

Owner8,14867.3%
Renter3,95632.7%

Avg Household Size — Owner

2.29-1.7% YoY

Avg Household Size — Renter

2.08-3.7% YoY

County Demographics

Median Age

48.62024

Population

Coos County Population

64,326-0.4% YoY

Households

Total Households

28,731+1.1% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.21-1.3% YoY

Age

2024 Age Mix

65Kresidents

Under 1811,39117.6%
Adults 18–6435,20654.3%
65 & Over18,23028.1%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

11,391-1.8% YoY

Population 65 & Over

18,230+2.7% YoY

Median Age

48.600.0% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house86.9%
Moved (within US)12.8%
Other0.3%

Veterans

11.2%-5.9% YoY

County Economy

Income

Median Household Income

$62K+3.0% YoY

Per-Capita Income

$37K+4.1% YoY

Mean Household Income

$83K+4.8% YoY

Poverty

Below Poverty Level

16.1%+3.2% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone77.5%
Public transit0.0%
Worked from home8.1%
Other14.4%

Worked From Home

8.1%+8.0% YoY

Mean Commute

18.30-3.7% YoY