Market Overview
Home Prices in Coos Bay, OR
The median home value in Coos Bay, OR is $332,032 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.5% compared to a year ago and down 0.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Coos Bay are priced19% below average. Coos Bay is part of the Coos Bay, OR metro area.
Over the past five years, Coos Bay home values have risen by approximately13.0%, reflecting steady appreciation in this market.
Price History
Coos Bay Home Price Trend
City Comparison
Coos Bay vs. National Median
At $332,032, homes in Coos Bay cost 19% below the national median of $410,000. This makes Coos Bay a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Coos Bay?
20% Down Payment
$66,406
on $332,032
Monthly P&I
$1,732/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,200/mo
incl. taxes & insurance
Income Needed
$88,000
gross annual (30% rule)
10% Down Option
$33,203
+ PMI applies
Loan Amount (20% dn)
$265,626
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 Coos Bay, OR?
The median home value in Coos Bay is $332,032 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.5% year-over-year.
How much have home prices changed in Coos Bay?
Over the past year, home values in Coos Bay have decreased by 2.5%. Over five years, prices have risen approximately 13.0%.
How much do I need to earn to buy a home in Coos Bay?
To comfortably afford the median home price of $332,032 with a 20% down payment ($66,406) at today's rates (6.8%), you'd need a gross annual income of approximately $88,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Coos Bay compare to the national average home price?
The national median home value is approximately $410,000. At $332,032, homes in Coos Bay are 19% below the national average.
What metro area is Coos Bay part of?
Coos Bay is part of the Coos Bay, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.