Much like its surrounding areas, it is a bit less expensive compared to the nation as a whole. However compared to the city of Eugene, it is a lot less expensive.
Home prices
The median home in Coos Bay costs $181,200. Compared to nearby areas it is about $3,360 (1%) higher.It is approximately $36,300 (16%) lower in comparison to the rest of the country, and compared to the city of Eugene it is about $107,400 (37%) lower.
Rents
Coos Bay's median rent is $820 a month. Compared to the surrounding areas it is about $21 (2%) lower.Compared to the rest of the country it is roughly $242 (22%) lower, and is roughly $211 (20%) lower compared to the city of Eugene.
Nearby places
North Bend
North Bend is Coos Bay's neighbor to the north. The housing prices there are a bit more expensive. North Bend's median home cost is $202,300, which is $21,100 (10%) higher than Coos Bay. Its rents are somewhat more expensive. The median monthly rent in North Bend is $904, which is $84 (9%) higher than Coos Bay.
Barview
Barview is approximately 3 miles southwest from Coos Bay. Its housing prices are a bit less expensive. Barview's median home value is $141,900, which is $39,300 (27%) lower than Coos Bay. Rent there is a little more expensive. Barview's median monthly rent is $1,052, which is $232 (22%) higher than Coos Bay.
Coquille
Coquille is roughly 13 miles south from Coos Bay. Real estate prices there are a bit less expensive. Coquille's median home price is $145,200, which is $36,000 (24%) lower than Coos Bay. The rent there is somewhat less expensive. Coquille's median monthly rent is $711, which is $109 (15%) lower than Coos Bay.
Lakeside
Lakeside is roughly 13 miles north of Coos Bay. Its real estate prices are pretty similar. The value of the median home in Lakeside is $181,000, which is very similar to Coos Bay. Rent there is a bit less expensive. Lakeside's median rent is $732 per month, which comes out to $88 (12%) lower than Coos Bay.
Bandon
Bandon is about 18 miles southwest of Coos Bay. Real estate prices there are a little more expensive. Bandon's median home price is $218,800, which is $37,600 (17%) higher than Coos Bay. The rent there is pretty similar. In Bandon the median monthly rent is $805, which works out to $15 (1%) lower than Coos Bay.