The story of this market
The typical home in ZIP 97420 sells for about $377,500, or $235 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 56 days to sell. HUD's fair market rent for a two-bedroom is $1,800 a month.
ZIP 97420 — Coos Bay
The Coos Bay housing market is currently balanced, with a median price of $377,500 and a moderate pace of sales. While days on market have increased, the area remains a regional hub for healthcare and maritime logistics, supporting steady demand. The market is characterized by a balance between affordability and the unique coastal lifestyle, making it attractive to a diverse range of buyers.
Coos Bay is well-suited for families and individuals seeking a coastal lifestyle with regional employment opportunities. It attracts those looking for a balance between affordability and access to outdoor recreation, though it may be less ideal for those requiring high-density urban transit.
Median prices moved up 2.1% year over year.
Homes spend a median of 56 days on market with 5.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.5% · poverty 16.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 97420, Coos County, OR
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Coos Bay are generally higher than the Oregon state average, with property crime being the most frequently reported issue. Local law enforcement maintains a consistent presence to address regional trends.
Schools in the Coos Bay area are served primarily by the Coos Bay School District, which provides a range of public education options. Performance ratings vary by individual school, with community efforts focused on improving student outcomes.
The area faces moderate risks from coastal flooding and seismic activity, typical of the Oregon coast. Property insurance premiums reflect these environmental factors and the proximity to the Pacific Ocean.
Economic momentum is driven by the Port of Coos Bay, which serves as a major deep-draft harbor, and the healthcare sector anchored by Bay Area Hospital. Development is focused on maintaining the city's role as a regional hub for retail and services.
Property taxes are assessed by Coos County based on the real market value of properties, with rates determined by local levies and special districts. There are no state-level sales taxes in Oregon, which influences the local tax structure.
Commuting in Coos Bay is primarily car-dependent, with Highway 101 serving as the main arterial route for local and regional travel. Public transit options are limited, and most residents have short commutes within the city.
The area offers significant outdoor amenities, including access to the Oregon Dunes, Mingus Park, and various coastal trails. Shopping and dining are concentrated in the downtown district and along the Highway 101 corridor.
The rental market is characterized by steady demand and limited vacancy, with rents reflecting the regional cost of living. There is a mix of long-term residential rentals and some seasonal demand due to the coastal location.
The economy is anchored by the Port of Coos Bay, Bay Area Hospital, and the Confederated Tribes of Coos, Lower Umpqua and Siuslaw Indians. It serves as a regional hub for medical, retail, and professional services.
Highway 101 is the primary transit corridor, facilitating north-south travel along the coast. Infrastructure is focused on maintaining regional connectivity for freight and local commuters.
Development is focused on revitalizing the downtown area and expanding infrastructure at the Port of Coos Bay. Planning efforts prioritize sustainable growth and regional economic stability.
The Coos County Assessor's office manages property valuations, adhering to Oregon's constitutional limits on assessed value growth.
Parcels are subject to various special districts, including school, fire, and port districts, which are reflected in the annual property tax bill.
Property insurance in this coastal region is influenced by flood and wildfire risk assessments, with premiums varying based on specific property location and elevation.
Data retrieved from US Census Bureau ACS 5-year estimates for ZCTA 97420.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Bay Point Landing4.311 mi
- Osprey Point RV Resort & Marina4.215.9 mi
- Coos Bay Speedway4.69.9 mi
- Coos History Museum4.66.9 mi
- Wildflour4.58.2 mi
- Golden And Silver Falls State Natural Area4.911.6 mi
- Mingus Park4.67.5 mi
- Three Rivers Casino Coos Bay3.99.7 mi
- Coos Bay Boardwalk4.36.8 mi
- Charleston Marine Life Center4.812.6 mi
- Coos History Museum4.66.9 mi
- Coos Art Museum4.56.9 mi
- Smoke on the Water4.76.8 mi
- Golden And Silver Falls State Natural Area4.911.6 mi
- Mingus Park4.67.5 mi
- Laverne Park4.47.1 mi
- John Topits Park/ Empire Lakes4.49.4 mi
- Simpson Park4.58.5 mi
- Charleston Marina4.512.4 mi
- Lakeside Marina4.615.9 mi
- Coos Golf Club4.57.3 mi
- Fred Meyer4.26.7 mi
- Safeway4.38.7 mi
- Safeway4.26.7 mi
- Pony Village Mall3.58.6 mi
- Ross Dress for Less4.28.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A central city park featuring a lake, gardens, and walking trails.
The largest deep-draft coastal harbor between San Francisco and Puget Sound.
Extensive coastal dunes offering hiking, off-roading, and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.