97420, Coos Bay, OR

The Coos Bay zip code 97420 has a population of just over 10,000 people and an average home value of just over $250,000. The median home value in the Coos Bay zip code is $239,600 which is significantly higher than the Oregon statewide median home value of $181,200. This high home value reflects the strong demand for housing in this area and indicates that there are many potential buyers who are interested in purchasing a home in this area.

Home equity is one of the most important assets that homeowners can have. Home equity allows homeowners to borrow money against their homes and use that money to pay off other debts or invest in other assets. Home prices are also an important factor when assessing whether or not it is worth buying a house. The higher the home price, the more valuable your house will be and the more you will likely be able to sell it for if you decide to sell it.