The story of this market
The typical home in ZIP 97458 sells for about $314,000, or $215 per square foot.
Prices are down 2.4% from a year ago, which gives buyers more room to negotiate. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 97458 — Myrtle Point
The 97458 market is a localized, rural environment where pricing reflects limited liquidity and economic isolation. While home values have seen long-term appreciation, the current market is characterized by longer days on market and a cautious outlook for outside investors. Stability is driven by local demand rather than speculative growth.
This ZIP is best suited for local workers, retirees, and those seeking an affordable, rural lifestyle who are comfortable with a car-dependent commute.
Median prices moved down 2.4% year over year.
Homes spend a median of 88 days on market with 6.2 months of supply — a balanced-paced market.
18% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.8% · poverty 15.4% — a mixed stability 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 5.8%/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 3.7%/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 97458, 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 the area are generally consistent with rural Coos County trends, though property crime remains the primary concern for local law enforcement.
Schools serving the area are part of the Myrtle Point School District, which provides standard public education services typical of small, rural Oregon communities.
The region faces moderate wildfire risk common to the Oregon Coast Range and is subject to standard flood-plain management along the Coquille River basin.
Economic momentum is largely driven by local timber, agriculture, and small-scale service industries, with limited large-scale industrial development.
Property taxes are assessed by Coos County based on the state's Measure 5 and Measure 50 limitations, which cap assessed value growth annually.
Commuting is primarily car-dependent, with residents typically driving to larger employment hubs like Coos Bay or North Bend via state highways.
The area offers significant access to outdoor recreation, including fishing on the Coquille River, hiking in nearby forests, and proximity to coastal attractions.
The rental market is characterized by limited inventory and steady demand from local workers, with few short-term rental pressures compared to coastal tourist hubs.
The local economy is anchored by agriculture, timber, and local government services, with a reliance on regional trade centers for broader employment.
Transportation is dominated by private vehicle use on state highway corridors; public transit options are extremely limited.
There are no major large-scale commercial or residential developments currently approved or under construction in the ZIP.
The Coos County Assessor manages property valuations in accordance with Oregon state law, focusing on annual market adjustments.
Parcels are subject to local school district taxes and county-wide service districts for fire and emergency management.
Property insurance premiums are rising due to regional wildfire risk, though the area remains insurable through standard carriers.
Oregon continues to see modest net domestic migration, though rural areas like Coos County experience slower growth than the Willamette Valley.
Oregon is a non-judicial foreclosure state, requiring specific notice periods and allowing for a statutory right of redemption.
Sellers are required to provide a comprehensive property disclosure statement covering known material defects at the time of sale.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
- Coos Bay Speedway4.618.2 mi
- Laverne County Park4.612.3 mi
- Sandy Creek Covered Bridge4.46.8 mi
- Laverne Park4.412.1 mi
- Laverne County Park4.612.3 mi
- 5th Street Park4.512.6 mi
- Rivers Edge RV Park4.212.9 mi
- Safeway4.112.6 mi
- Coquille Valley Produce & Deli4.412.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local fishing and recreational boating access.
Central community green space for local events and recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.