Is Coquille, OR 97423 a buyer’s or seller’s market?
Coquille is a seller’s market. With about 3.8 months of supply and 19% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 33% of U.S. ZIP codes, and #128 of 170 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Coquille housing market right now
In the three months ending August 31, 2026, 19% of homes in Coquille, OR 97423 sold above their list price, the typical home went under contract in 60 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 37 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold more slowly (39 days then) and the median sale price fell 8% to $322,361. Overall, Coquille is more competitive than a year ago, so tougher for buyers.
Within Coos County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 71%. On our competition score, Coquille ranks #128 of 170 OR ZIP codes with enough sales (score 35 out of 100).
Nearby, buyers who want less competition could look at Broadbent 97414 (0% sold over asking) or Bandon 97411 (0% sold over asking), while Powers 97466 (33% sold over asking) and Coos Bay 97420 (26% sold over asking) are even more competitive.
Run the numbers for 97423
Nearby markets
Bandon 97411Balanced $358 /sq ftBroadbent 97414Buyer’s market $87 /sq ftCoos Bay 97420Balanced $224 /sq ftLakeside 97449Buyer’s market $272 /sq ft Browse all markets →Towns like Coquille nearby
Find towns like Coquille in other states →Where Coquille is
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Questions about Coquille real estate
Is Coquille a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in Coquille, OR 97423 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Coquille?
The typical home went under contract in 60 days in the latest three months.
Do homes in Coquille sell over asking?
19% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.
What are property taxes in Coquille?
About 0.68% of a home’s value a year in Coos County, or roughly $2,720 on a $400,000 home.
What is the median home price in Coquille?
The median sale price was $322,361 in the three months ending August 31, 2026, about $208 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology