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Featured local agent — Corvallis, OR
Sarah Mitchell
Compass Real Estate · Corvallis, OR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Corvallis, OR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$608,000median sale price
How is the Corvallis, OR housing market right now?
The median home sale price in Corvallis, OR is $608,000, down 0.9% year-over-year. Homes sell in an average of 41 days with 123 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Corvallis a buyer's or seller's market?
Corvallis, OR is currently a seller's market, based on 3.0 months of supply and homes selling in about 41 days. How we determine this →
Homes sold
41
Last 12 weeks
Days on market
41
Average pace
Active listings
123
3.0 months supply
Sale-to-list
100.5%
Above asking
What does the Corvallis housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $608,000 |
| Median list price | $587,500 |
| Year-over-year price change | -0.9% |
| Average days on market | 41 days |
| Active inventory | 123 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 100.5% |
| Median price per sq ft | $331/sq ft |
| Homes sold (latest month) | 41 |
| New listings (latest month) | 52 |
| Listings with a price cut | 18.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Corvallis by property type?
How the Corvallis, OR market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $625,000 | $331/sq ft | 39 | 41 days |
| Condo / Co-op | $274,900 | $285/sq ft | 1 | 45 days |
| Townhouse | $384,900 | $286/sq ft | 3 | 65 days |
Source: Redfin · Updated monthly
The Corvallis housing market is currently classified as a seller's market with a median sale price of $608,000. Prices have fallen 0.9% compared to last year, with homes spending an average of 41 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 8.9x provides context for how home values compare to local earning capacity.
Homes for sale in Corvallis
There are currently 123 homes listed for sale in Corvallis, Oregon. The median listing price is $588K.
Active listings
123
Homes on market
Median list price
$588K
Avg. days on market
41
Days until sale
New this week
52
Newly listed
Who lives in Corvallis?
Population
60,424
Median income
$63,807/yr
Median age
27.6 years
Owner-occupied
41.4%
College grads
60.9%
Avg commute
16.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Corvallis?
Zillow home value
$566,552
Zillow rent index
$1,803/mo
Price-to-rent ratio
26.2x
Price-to-income
8.9x
Source: Zillow Research
What is it like to live in Corvallis?
Corvallis is a community of approximately 60K residents with a median age of 27.6 years.The median household income is $63,807, which represents a working-class community with solid middle-income opportunities. 60.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 41.4%, showing a blend of owner and renter-occupied properties. The average commute time is 16.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Corvallis offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Corvallis?
13 schools tracked · 6,118 students
The largest public schools serving Corvallis, OR by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Corvallis High School
Grades 9-12 · 1,255 students
Crescent Valley High School
Grades 9-12 · 942 students
Linus Pauling Middle School
Grades 6-8 · 732 students
Cheldelin Middle School
Grades 6-8 · 535 students
Garfield Elementary School
Grades K-5 · 368 students
Adams Elementary School
Grades K-5 · 358 students
Letitia Carson Elementary School
Grades K-5 · 353 students
Bessie Coleman Elementary School
Grades K-5 · 346 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Corvallis, OR?
Want a head-to-head view? Compare Corvallis side-by-side with any other U.S. city using our market-comparison tool.
Is Corvallis a good real estate investment market?
For investors evaluating Corvallis, the price-to-rent ratio of 26.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 0.9% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Corvallis's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Corvallis's median home price.
Frequently asked questions
What is the average home price in Corvallis?
The median home sale price in Corvallis is $608,000, down 0.9% from last year.
How long do homes stay on market in Corvallis?
Homes typically spend 41 days on market before going under contract.
What is the median income in Corvallis?
The median household income is $63,807 per year.
Is Corvallis a buyer's or seller's market?
With 3.0 months of supply, Corvallis is currently a seller's market.
What is the Zillow home value estimate for Corvallis?
The Zillow Home Value Index (ZHVI) for Corvallis is $566,552, representing the typical home value in the area.
What is the median condo price in Corvallis?
The median condo/co-op sale price in Corvallis, OR is $274,900, compared to $625,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Corvallis?
The median single-family home price in Corvallis, OR is $625,000 (about $331 per square foot).
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