Market Overview
Home Prices in Bandon, OR
The median home value in Bandon, OR is $487,180 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.2% compared to a year ago and down 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bandon are priced19% above average. Bandon is part of the Coos Bay, OR metro area.
Over the past five years, Bandon home values have risen by approximately16.5%, reflecting steady appreciation in this market.
Price History
Bandon Home Price Trend
City Comparison
Bandon vs. National Median
At $487,180, homes in Bandon cost 19% above the national median of $410,000. Buyers in Bandon should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Bandon?
20% Down Payment
$97,436
on $487,180
Monthly P&I
$2,541/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,227/mo
incl. taxes & insurance
Income Needed
$129,080
gross annual (30% rule)
10% Down Option
$48,718
+ PMI applies
Loan Amount (20% dn)
$389,744
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bandon, OR?
The median home value in Bandon is $487,180 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.2% year-over-year.
How much have home prices changed in Bandon?
Over the past year, home values in Bandon have decreased by 1.2%. Over five years, prices have risen approximately 16.5%.
How much do I need to earn to buy a home in Bandon?
To comfortably afford the median home price of $487,180 with a 20% down payment ($97,436) at today's rates (6.8%), you'd need a gross annual income of approximately $129,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Bandon compare to the national average home price?
The national median home value is approximately $410,000. At $487,180, homes in Bandon are 19% above the national average.
What metro area is Bandon part of?
Bandon is part of the Coos Bay, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.