Market Overview
Home Prices in Myrtle Point, OR
The median home value in Myrtle Point, OR is $315,130 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.2% compared to a year ago and down 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Myrtle Point are priced23% below average. Myrtle Point is part of the Coos Bay, OR metro area.
Over the past five years, Myrtle Point home values have risen by approximately13.6%, reflecting steady appreciation in this market.
Price History
Myrtle Point Home Price Trend
City Comparison
Myrtle Point vs. National Median
At $315,130, homes in Myrtle Point cost 23% below the national median of $410,000. This makes Myrtle Point a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Myrtle Point?
20% Down Payment
$63,026
on $315,130
Monthly P&I
$1,644/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,088/mo
incl. taxes & insurance
Income Needed
$83,520
gross annual (30% rule)
10% Down Option
$31,513
+ PMI applies
Loan Amount (20% dn)
$252,104
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 Myrtle Point, OR?
The median home value in Myrtle Point is $315,130 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.2% year-over-year.
How much have home prices changed in Myrtle Point?
Over the past year, home values in Myrtle Point have increased by 2.2%. Over five years, prices have risen approximately 13.6%.
How much do I need to earn to buy a home in Myrtle Point?
To comfortably afford the median home price of $315,130 with a 20% down payment ($63,026) at today's rates (6.8%), you'd need a gross annual income of approximately $83,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Myrtle Point compare to the national average home price?
The national median home value is approximately $410,000. At $315,130, homes in Myrtle Point are 23% below the national average.
What metro area is Myrtle Point part of?
Myrtle Point is part of the Coos Bay, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.