Is Myrtle Point, OR 97458 a buyer’s or seller’s market?
Myrtle Point is a buyer’s market. With about 7.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 35% of U.S. ZIP codes, and #128 of 168 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 July 31, 2026. See the breakdown
The Myrtle Point housing market right now
In the three months ending August 31, 2026, 15% of homes in Myrtle Point, OR 97458 sold above their list price, the typical home went under contract in 25 days and there were 7.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 24%, homes sold faster (33 days then) and the median sale price rose 6% to $311,865. Overall, Myrtle Point is less competitive than a year ago, which gives buyers more room.
Within Coos County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 57%.
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 97458
Nearby markets
Bandon 97411Balanced $358 /sq ftBroadbent 97414Buyer’s market $87 /sq ftCoos Bay 97420Balanced $224 /sq ftCoquille 97423Seller’s market $208 /sq ft Browse all markets →Towns like Myrtle Point nearby
Find towns like Myrtle Point in other states →Where Myrtle Point is
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Questions about Myrtle Point real estate
Is Myrtle Point a buyer’s or seller’s market?
A buyer’s market: there were 7.1 months of supply in Myrtle Point, OR 97458 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 Myrtle Point?
The typical home went under contract in 25 days in the latest three months.
Do homes in Myrtle Point sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.
What are property taxes in Myrtle Point?
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 Myrtle Point?
The median sale price was $311,865 in the three months ending August 31, 2026, about $226 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