Corvallis Metro Area, OR Housing

The housing market in Corvallis, OR Metro Area is quite strong, with a median value of $501,300. This is much higher than the US median value of $338,100. Additionally, the appreciation rate for houses in Corvallis is 8.16%, which is very close to the national 1 year house appreciation rate of 8.27%. This suggests that the housing market in Corvallis is staying healthy and growing at a steady rate. All these factors point to Corvallis being an attractive place to buy and live in.

The median home cost in Corvallis Metro Area is $501,300. Home appreciation the last 10 years has been 143.8%. Home Appreciation in Corvallis Metro Area is up 14.2%.

Average Age of Homes

- The median age of Corvallis Metro Area real estate is 40 years old

The Rental Market in Corvallis Metro Area

- Renters make up 38.7% of the Corvallis Metro Area population
- 2.1% of houses and apartments in Corvallis Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Corvallis, Oregon	United States
	39,636.0	139,647,020.0
	43	42
	$501,300	$338,100
	14.2%	16.6%
	69.8%	57.0%
	143.8%	101.1%
	$10.83	$10.98
	$4,167	$2,690
	52.6%	57.4%
	5.7%	11.2%
	41.7%	31.4%
Vacant Housing
	2.1%	1.9%
	0.7%	0.4%
	0.1%	0.7%
	0.1%	0.4%
	1.0%	3.6%
	1.7%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	1.8%	2.4%
	0.6%	2.8%
	1.0%	3.9%
	0.5%	4.5%
	1.3%	11.3%
	2.5%	13.0%
	19.4%	20.1%
	25.3%	13.6%
	20.8%	8.3%
	19.9%	9.7%
	4.0%	3.9%
	1.3%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	13.5%	13.6%
	13.5%	13.6%
	14.2%	13.6%
	9.2%	13.2%
	21.2%	14.8%
	14.2%	13.6%
	6.9%	10.0%
	5.2%	4.7%
	8.8%	12.2%

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