Corvallis, OR metro area Housing Market
Cool MarketComprehensive housing market data for the Corvallis, OR metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$585K
↑ 5.2% YoY
Days on Market
59 days
↑ 22.9% YoY
Active Inventory
212
↑ 24.7% YoY
Homes Sold
49
↑ 11.4% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Corvallis, OR metro area Market Summary
The Corvallis, OR metro area housing market is cooling down. As of March 2026, the median home sale price is $585K, up 5.2% year-over-year. Homes are spending a median of 59 days on the market, 22.9% longer than a year ago.
There are 212 homes for sale — 24.7% more than last year. With 4.3 months of supply, this is a balanced market. 80 new listings were added during this period, down 11.1% year-over-year.
Homes are selling for 98.6% of their list price on average, suggesting room for negotiation. 22.4% of homes sell above their asking price. 20.8% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
vs. Oregon Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 34% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
Corvallis, OR metro area Market Trends
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Detailed Market Metrics
Median List Price
$567K
Price per Sq Ft
$314
Sale-to-List Ratio
98.6%
Months of Supply
4.3
Sold Above List
22.4%
Price Drops
20.8%
New Listings
80
↓ 11.1% YoY
Pending Sales
78
Off Market in 2 Weeks
42.3%
Other Markets in Oregon
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Albany, OR metro area
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$345K · 63d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.