Housing in Corvallis, OR

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$559,500

Median List Price

$585,000

Price Per Sq Ft

$336

Days on Market

65

Active Inventory

71

Months of Supply

5.1

Balanced market

Zillow Home Value

$544,457

ZHVI — January 2026

Zillow Rent Index

$1,942

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 0.8%List Price 6.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

14.3%

Off Market in 2 Weeks

25.0%

Sale-to-List Ratio

99.8%

Buyer's market

Sold Above Asking
14.3%
Under Contract in 2 Wks
25.0%
Listings with Price Drops
18.3%

Market Activity

Source: Redfin

Homes Sold

14

New Listings

25

Pending Sales

32

Homes Sold 67.4%New Listings 52.8%Pending 22.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$336

Median List $/SF

$353

Sale $/SF 11.6%List $/SF 16.5%Mar 24Jan 26

Corvallis vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Corvallis is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$480,600

Median Rent

$1,342

Total Housing Units

25,784

Vacancy Rate

6.1%

Owner Occupied

41.4%

Renter Occupied

58.6%

Median Property Tax

$5,180

per year

Monthly Cost (w/ Mortgage)

$1,369

Housing Types

Single Family
53.3%
Multi-Family
43.8%
Mobile Home
2.9%

The current median sale price in Corvallis, OR is $559,500 according to Redfin data. Homes spend a median of 65 days on the market. 14.3% of homes sold above asking price. The market has 5.1 months of supply. The median price per square foot is $336. Zillow's observed rent index is $1,942/month. About 41.4% of housing units are owner-occupied. The median year homes were built is 1978. There are 25,784 total housing units.