Metropolitan market · Oregon · September 2026 data

What is the Corvallis, OR real estate market doing?

As of September 2026, the median home listed in Corvallis, OR asks $663,675, up 2.9% year over year. Homes spend a median of 63 days on market, with 272 active listings and 28% carrying a price cut; pending contracts equal 26% of active listings, and inventory sits at 120% of the same month in 2019 — a buyer's market. Estimated gross rental yield on the median listing is 2.9%. Figures come from public records and industry data, updated monthly.

Median listing price
$663,675
▲ 2.9% YoY
Median $ / sq ft
$305
2,122 sq ft median
Median days on market
63
September 2026
Active listings
272
For sale now
New listings
92
September 2026
Listings with price cuts
28%
Share of active
Inventory vs 2019
120%
Same month, 2019 = 100
Pending / active
26%
Contract activity
Median sale price (closed)
$560,000
▲ 3.7% YoY · closed sales · July 2026
Sale-to-list ratio
99.1%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
97
Closed sales · July 2026, seasonally adjusted

What is the Corvallis, OR housing market doing right now?

The Corvallis, OR housing market lists at a $663,675 median as of September 2026, up 2.9% year over year, with a 63-day median market time and 272 homes for sale (28% with a price cut). Active inventory is 120% of the 2019 level, reading as a buyer's market under WealthyBud's published buyer/seller rule. Gross rental yield is about 2.9%.

Corvallis housing market statistics

The table summarizes Corvallis's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Corvallis.

Corvallis, OR housing market at a glance — September 2026
MetricLatestDetail
Median listing price$663,675+2.9% YoY
Median price per sq ft$3052,122 sq ft median
Median days on market63+21% YoY
Active listings272+34% YoY
New listings this month92September 2026
Listings with a price cut28%Share of active
Median sale price (closed)$560,000+3.7% YoY · closed sales, July 2026
Sale-to-list ratio99.1%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio25.6%70 pending
Inventory vs 2019120%Active listings vs same month in 2019
Gross rental yield2.9%2BR fair market rent

How have home prices changed in Corvallis?

Corvallis home prices are up 2.9% year over year and +0.6% month over month as of September 2026, at a $663,675 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$672K$661K$649K$637K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Corvallis OR · trailing 8 quarters · source: public records and industry data.

The 10-year view
$649K$585K$521K$457K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Corvallis OR · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Corvallis?

Corvallis has 272 active listings, 92 new this month, 70 pending as of September 2026. About 28% of active listings have cut their price, and inventory sits at 120% of its 2019 level — a buyer's market by pace.

Active listings
272
New this month
92
Pending
70
Price-reduced
75

Is Corvallis a good real estate investment?

Corvallis scores 33/100 on WealthyBud's composite Investor Score, ranking #781 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
33/100
#781 of 933 covered metros
12-month outlook
-3.6%
▼ Cooling · model output, not advice
Price volatility
Medium
σ 5.7% · 20-yr price-index swings
Momentum
31
Value
45
Rental yield
17
Supply risk
75
Market heat
51

Corvallis scores 33/100 on our composite Investor Score (#781 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 42% over five years and +96% over ten, leaving prices 31% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,622/mo for a two-bedroom, the gross rental yield on the median listing is about 2.9%; active inventory sits at 120% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are up 2.9% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Corvallis ranks on the trending markets index.

How much is a monthly mortgage payment in Corvallis?

A home at Corvallis's $663,675 median listing runs about $3,633 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$3,279/mo
−$353/mo vs today
At today's rate · 7.28%
$3,633/mo
National weekly average
If rates rise 1% · 8.28%
$4,000/mo
+$367/mo vs today

Principal & interest on the $663,675 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Corvallis?

To buy Corvallis’s $663,675 median listing with 20% down, a household needs about $179,000 a year in gross income, keeping principal, interest and property tax ($4,175/mo) at 28% of income. That is 2.4× the area’s $76,011 median household income, so a typical Corvallis household cannot afford the median listing on these terms.

Income needed to buy the median home in Corvallis, OR — September 2026
ItemAmountBasis
Median listing price$663,675September 2026
Down payment (20%)$132,735Assumption
Principal & interest (7.28%, 30-yr fixed)$3,633/moRate as of 2026-10-01
Property tax (0.98% effective rate)$542/moCensus ACS
Income needed (28% rule)$179,000Gross household income / yr
Median household income$76,011Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Corvallis housing market?

Longer-run demand in Corvallis shows up in 484 homes permitted in 2025; net migration of -706 residents; -0.7% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
484
▲ 317.2% vs 2024
5.0 per 1,000 residents
Net migration (2022–2023)
-706
▼ people, via tax-return records
net income flow −$32.1M/yr
Job growth (YoY)
-0.7%
▼ 41.8k nonfarm jobs · August 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Earthquake

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Corvallis housing market FAQ

What is the median home price in Corvallis?
As of September 2026, the median listing price in Corvallis, OR is $663,675, up 2.9% year over year (source: public records and industry data). Figures cover the Corvallis, OR metro area.
How much does it cost to buy a home in Corvallis?
The median home listed in Corvallis asks $663,675 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $3,633 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Corvallis?
The median property in Corvallis spends 63 days on the market, with 272 homes actively listed and 28% of them carrying a price cut — a buyer's market as of September 2026.
Is it a buyer's or seller's market in Corvallis?
With a median 63 days on market and 28% of active listings carrying a price cut, pending contracts at 26% of active listings, Corvallis reads as a buyer's market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Corvallis a good place to invest in real estate?
Corvallis scores 33/100 on WealthyBud's Investor Score, ranking #781 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Corvallis?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Corvallis and the wider Oregon market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Corvallis, OR metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Oregon housing markets

Marcus Bell Real Estate Market Analyst

Marcus Bell leads market and career research at WealthyBud, turning public housing and labor data into plain-English answers for investors and agents. He focuses on U.S. metro housing markets, agent economics and licensing.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.