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College Hill West Historic District (Additional Documentation)College Hill West Historic District (Additional Documentation) · Photo: Ian Poellet · CC BY-SA 3.0
Housing in Corvallis

389 homes sold in Corvallis in the last year, at a typical $555K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Corvallis homes are listed.

Homes sold
389
June 2025 to May 2026
Typical sale price
$555K
houses $569K · condos $313K
Price per square foot
$314
Oregon $295
Paid vs. asking
99.4%
27% sold over asking
For sale now
123
May 2026 · 41 sold that month
What sold · last 12 months

4% of Corvallis’ sales are condos, at $256K less than a house

345 houses and 14 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$569K

typical sale · 345 sold in 12 months

Per square foot
$318OR $296
Days to sell
56
Sold over asking
28%
Listings with a price cut
20%
Condos$313K

typical sale · 14 sold in 12 months

Per square foot
$322OR $316
Days to sell
83
Sold over asking
7%
Listings with a price cut
39%
Fewer sales

Multi-family (2–4 units): 19 sold, typical $669K
Townhouses: 11 sold, typical $404K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2023, at 1.8 times the 2016 price

389 sales in the last year, against 687 in 2022 and a low of 408 in 2025. The typical sale went from $308K in 2016 to $555K.

Homes soldTypical sale price
0175350525700$300K$400K$500K$600K2012: 497 sold, typical $250K’122013: 590 sold, typical $262K2014: 569 sold, typical $268K’142015: 620 sold, typical $283K2016: 625 sold, typical $308K’162017: 539 sold, typical $336K2018: 534 sold, typical $366K’182019: 533 sold, typical $371K2020: 525 sold, typical $405K’202021: 655 sold, typical $470K2022: 687 sold, typical $540K’222023: 415 sold, typical $553K2024: 527 sold, typical $553K’242025: 408 sold, typical $553KLast 12 months: 389 sold, typical $555KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $550K buys in Corvallis

Houseat $318 a sq ft
Condoat $322 a sq ft
The same money in Oregonat $296 a sq ft

Is this asking price fair?

Check a listing against what Corvallis homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Corvallis are rarer than before the pandemic, with about as many homes for sale

We read every month of Corvallis’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 389 sales.

If you’re buying in Corvallis

  • Shop in March. It brings about 60 new listings a month, close to the busiest month, with fewer bidding wars (33% over asking).
  • You can negotiate. 19% of listings have cut their price, against 15% before the pandemic.
  • Bid near asking. Buyers paid 99.4% of the list price on average; 27% paid over.
  • You’ll usually have time. Only 32% of homes go under contract within two weeks; the typical one takes 56 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 70 a month), but June is the most competitive: 48% of June sales close over asking. March offers nearly as much choice with fewer homes bid up (33%). January has the least competition (31%) but only about 34 new listings.

New listings a monthShare sold over asking
017.53552.57020%40%60%Sweet spotJan: 34 new listings a month, 31% sold over asking, 70 days to sellJFeb: 37 new listings a month, 33% sold over asking, 64 days to sellFMar: 60 new listings a month, 33% sold over asking, 49 days to sellMApr: 64 new listings a month, 44% sold over asking, 43 days to sellAMay: 68 new listings a month, 45% sold over asking, 44 days to sellMJun: 69 new listings a month, 48% sold over asking, 46 days to sellJJul: 70 new listings a month, 46% sold over asking, 47 days to sellJAug: 59 new listings a month, 42% sold over asking, 44 days to sellASep: 50 new listings a month, 40% sold over asking, 47 days to sellSOct: 42 new listings a month, 39% sold over asking, 51 days to sellONov: 28 new listings a month, 34% sold over asking, 56 days to sellNDec: 22 new listings a month, 32% sold over asking, 58 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Oregon as a whole

Corvallis now2017–192021 peakOR now
Sold over askingShare of sales that closed above the list price27%39%67%24%
Gone within two weeksShare of homes under contract within 14 days32%50%68%31%
Listings with a price cutShare of homes for sale that cut their price19%15%6%30%
Price paid vs. askingAverage sale price ÷ list price99.4%100.2%104.5%98.8%
Days to sellMedian days from listing to contract56514246
Supply

108 homes for sale on a typical day

That’s 1.2 times the 2023 low (90), about the 2017–19 level and well under 2012’s 169.

2012: 169 for sale’122013: 168 for sale2014: 162 for sale2015: 128 for sale’152016: 143 for sale2017: 106 for sale2018: 110 for sale’182019: 124 for sale2020: 110 for sale2021: 129 for sale’212022: 115 for sale2023: 90 for sale2024: 117 for sale’242025: 100 for saleLast 12 months: 108 for saleNow
Room to negotiate

1 in 5 listings has cut its price

19% in the last year, against 15% in 2017–19 and 30% across Oregon.

2015: 16%’152016: 13%2017: 12%2018: 16%’182019: 17%2020: 13%2021: 6%’212022: 8%2023: 12%2024: 16%’242025: 20%Last 12 months: 19%Now
Prices by type

Since 2019, houses are up 50%, condos 37%

A house typically sold for $569K in the last year (345 sales), a condo for $313K (14).

$225K$350K$475K$600K2013201520172019202120232025NowHouses 2013: $268K, 542 salesHouses 2014: $277K, 520 salesHouses 2015: $293K, 567 salesHouses 2016: $318K, 548 salesHouses 2017: $350K, 477 salesHouses 2018: $377K, 475 salesHouses 2019: $380K, 479 salesHouses 2020: $411K, 476 salesHouses 2021: $485K, 576 salesHouses 2022: $563K, 587 salesHouses 2023: $564K, 371 salesHouses 2024: $570K, 459 salesHouses 2025: $563K, 361 salesHouses last 12 months: $569K, 345 salesHouses $569KCondos 2013: $194K, 32 salesCondos 2014: $176K, 38 salesCondos 2015: $178K, 30 salesCondos 2016: $203K, 32 salesCondos 2017: $196K, 30 salesCondos 2018: $246K, 24 salesCondos 2019: $229K, 20 salesCondos 2020: $247K, 17 salesCondos 2021: $264K, 25 salesCondos 2022: $341K, 13 salesCondos 2023: $444K, 14 salesCondos 2024: $362K, 25 salesCondos 2025: $382K, 14 salesCondos last 12 months: $313K, 14 salesCondos $313K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Oregon

Corvallis ranks 35th of 109 busy Oregon markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Corvallis is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Corvallis home costs about $3,386 a month

Mortgage
Property tax
Insurance
Rent

Price: Corvallis’ typical sale, last 12 months. Property tax at Corvallis’ 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Corvallis is affordable on local pay is on Cost of living.

Before you buy in Corvallis

Six things worth knowing

70

New listings in July

The month with the most choice. December has the fewest, about 22.

Best time to buy
1.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $555K home, about $5,880 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Corvallis, from test results, graduation and how much students grow.

Schools in Corvallis
16 min

Typical commute

The average one-way trip to work for people who live in Corvallis.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Philomath, Adair Village, Albany, Millersburg, Jefferson and Lebanon sell for less a square foot

The busier markets within 25 miles of Corvallis, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Albany624$434K$27427%69
Corvallis389$555K$31427%56
Lebanon228$377K$25636%71
Philomath54$453K$29628%62
Millersburg51$623K$29727%93
Adair Village40$539K$27915%72
Jefferson37$398K$26130%66

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Corvallis, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Corvallis. People who follow the town see it, and so do people comparing Corvallis with their own town. No commission, no listing fee.

Questions about buying a home in Corvallis

What do homes sell for in Corvallis, OR?

389 homes sold in the year to May 2026 at a typical $555K, $314 a square foot. Houses sold for about $569K, condos for about $313K.

Is Corvallis a buyer’s or seller’s market?

A seller’s market: 123 homes were for sale in May 2026 and 41 sold, about 3 months of supply. Buyers paid 99.4% of asking on average, and 19% of listings cut their price.

When is the best time to buy in Corvallis?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Corvallis?

About 1.1% of a home’s value a year. On a $555K home that’s near $5,880.

Where can I see homes for sale in Corvallis?

Zillow, Redfin, Realtor.com and Homes.com all carry Corvallis’ MLS listings; the search links above open each one filtered to Corvallis.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).