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Corvallis

Corvallis

Located in Benton County

$578,300 Average Value
$318 Average Price per Sq Ft
82 Homes For Sale

Corvallis - the heart of the Willamette Valley

Corvallis, which translates to "heart of the valley," is a technology-oriented city, as well as a college town centered around Oregon State University (OSU). The city, with a leisurely community, is known for its agriculture and wine, its bike-friendly streets connect residents to the technological revolution, with computer companies and engineering programs based in the Willamette Valley. "It's a great place to be. I love living in the valley," says Tammy Morrison, Real Estate Broker with Town & Country Realty. "Corvallis is becoming a cool retirement community with consistent home values within two hours of the beach, the mountains and Portland."

Northwest Corvallis, OR is situated close to Oregon State University, the town's main highlight.
Northwest Corvallis, OR is situated close to Oregon State University, the town's main highlight.
Breweries and cafes attract OCU students in the bike friendly Southwest Corvallis, OR.
Breweries and cafes attract OCU students in the bike friendly Southwest Corvallis, OR.
Corvallis residents have a short drive to the beautiful beaches on the coast.
Corvallis residents have a short drive to the beautiful beaches on the coast.
Corvallis is a sprawling college town full of history and continued growth.
Corvallis is a sprawling college town full of history and continued growth.
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Consistent housing prices and technology-oriented jobs

Oak trees, hedges and rhododendron gardens line the eclectic residential streets. On-street parking is typical, although many properties have private carports. Sidewalks and bike lanes line the roads. Craftsman-style architecture sits clustered throughout the city in cottage-styles or modern two-story builds. Contemporary, Victorian and ranch-style homes are also common. The median single-family price is $575,000, higher than the national median of $407,000. Although, compared to the rest of Oregon, Corvallis' prices are only slightly higher than the statewide median of $522,000. "Prices in Benton County are almost the same now as last year," Morrison says. "We're consistent between 2% and 7 % increase in property value. If you have a kid going to college here, you can buy a place for them to live and make money on it."

Samaritan Health Services is a medical nonprofit with a presence in Corvallis and over 6,000 employees across the state. Oregon State University is the city's top employer, with more than 4,700 workers. Hewlett-Packard, more commonly known as HP, has around 2,500 employees in Corvallis. The HP campus is a 197-acre landmark and was one of the first facilities to develop the LaserJet printer and the computer mouse. "Corvallis has a white-collar feel. There's agriculture through the university, but it still feels like a tech-oriented city," Morrison says.

New homes in the Timberhill subdivision in Northwest Corvallis can reach up to $1 million.
New homes in the Timberhill subdivision in Northwest Corvallis can reach up to $1 million.
Secluded split level homes in wooded areas offer tranquility in Southwest Corvallis, OR.
Secluded split level homes in wooded areas offer tranquility in Southwest Corvallis, OR.
Samaritan Health Services provides ample care options for Corvallis residents.
Samaritan Health Services provides ample care options for Corvallis residents.
HP has a large presence in Corvallis offering many jobs in the tech industry.
HP has a large presence in Corvallis offering many jobs in the tech industry.
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The Corvallis School District and the OSU Beavers

The Corvallis School District serves over 6,000 students in the area and earns a B-plus grade from Niche. The district ranks 11th on Niche's list of the best districts in Oregon. The city is also home to Oregon State University, with 33,000 students at its historic campus, just a few blocks from downtown. The university earns a national reputation for its forestry, agriculture and engineering curriculum. The OSU Beavers have several NCAA championships across different sports and draw crowds in support of their baseball, basketball and football programs, among others.

Adams Elementary School has a B grade from Niche.
Adams Elementary School has a B grade from Niche.
Linus Pauling Middle School serves grades 6-8 in Corvallis, Oregon.
Linus Pauling Middle School serves grades 6-8 in Corvallis, Oregon.
Corvallis High School has a B+ rating from Niche.
Corvallis High School has a B+ rating from Niche.
Oregon State University is the heart and pride of Southwest Corvallis, OR.
Oregon State University is the heart and pride of Southwest Corvallis, OR.
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Eclectic farm-to-table dining options, wine and produce

Corvallis features a variety of cuisines, including Indian, Middle Eastern, and Japanese restaurants serving farm-to-table sushi. Restaurants in Corvallis pride themselves on using locally sourced ingredients from surrounding counties. There are also options for vegan, vegetarian and gluten-free lifestyles. There are over 800 vineyards around the Willamette Valley, and many distribute locally sourced wine to the city's restaurants and shops. There are four distilleries and over a dozen wineries located throughout Corvallis. "There are lots of locally sourced products, but the big three are wine, beer and coffee," Morrison says. Downtown also provides a selection of boutiques and vintage clothing stores in regal brick storefronts. Retail areas like Timberhill Shopping Center and Corvallis Market Center provide brand-name box stores, salons and eateries north of the city center.

Del Alma is an upscale restaurant with Latin American inspired menu in Southwest Corvallis, OR.
Del Alma is an upscale restaurant with Latin American inspired menu in Southwest Corvallis, OR.
Corazon offers wines and fresh, local ingredients, just minutes from Northwest Corvallis, OR.
Corazon offers wines and fresh, local ingredients, just minutes from Northwest Corvallis, OR.
Popular retail brands are scattered around shopping plazas in Northeast Corvallis, OR.
Popular retail brands are scattered around shopping plazas in Northeast Corvallis, OR.
Northwest Corvallis residents can shop for various good from small local shops in downtown.
Northwest Corvallis residents can shop for various good from small local shops in downtown.
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Downtown attractions and the Corvallis farmers market

The Whiteside Theatre is a 1920s cinema with Italian Renaissance architecture renovated into a performing arts venue showing classic films, concerts and musicals. One of the city's biggest draws is the Fall Festival, a creative market with over 170 regional artists and live music in September at Central Park. The Corvallis Farmers Market is in the city's historic downtown on Wednesday and Saturday mornings, through late November. The Benton County Fair & Rodeo has a history dating back to 1904, and the fairgrounds on which it is held are a popular events venue in Corvallis.

Southwest Corvallis locals can watch a play at the historic Whiteside Theatre.
Southwest Corvallis locals can watch a play at the historic Whiteside Theatre.
Corvallis Fall Festival brings together the community every fall near Northwest Corvallis, OR.
Corvallis Fall Festival brings together the community every fall near Northwest Corvallis, OR.
Corvallis Fall Festival is an anticipated annual art event near Northeast Corvallis, OR.
Corvallis Fall Festival is an anticipated annual art event near Northeast Corvallis, OR.
Corvallis Farmers' Market in Corvallis, OR is fresh, local and farm direct.
Corvallis Farmers' Market in Corvallis, OR is fresh, local and farm direct.
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Avery Park's enchanting rose garden

Corvallis has 2,000 acres of park space and natural areas. Avery Park & Natural Area is a woodland park with an enchanting rose garden, which blooms over 250 varieties. The park also features playground structures, an idle locomotive and a swimming hole on Marys River. Riverfront Commemorative Park has a shady picnic area with fountains, sculptures and elegant statues. At the Crystal Lake Sports Fields, baseball diamonds sit near a boat landing on the Willamette River. Just south of town, the William L Finley National Wildlife Refuge has more than 5,500 acres of wetland mountain biking trails that reach valley vistas and multiple habitats with wildlife.

The Rose Garden in Avery Park has a wide variety of roses in Corvallis, Oregon.
The Rose Garden in Avery Park has a wide variety of roses in Corvallis, Oregon.
Sit back and enjoy the view of the river at Riverfront Commemorative Park.
Sit back and enjoy the view of the river at Riverfront Commemorative Park.
Crystal Lakes Sports Fields And Natural Area has a boat ramp for easy river access.
Crystal Lakes Sports Fields And Natural Area has a boat ramp for easy river access.
Just outside of Corvallis is the beautiful William L Finley National Wildlife Refuge.
Just outside of Corvallis is the beautiful William L Finley National Wildlife Refuge.
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Bike-friendly infrastructure and reaching I-5

Corvallis is well-known for its bike-friendly infrastructure and has received gold ratings from the League of American Bicyclists. Its spacious bike lane network connects commercial and residential areas. The Corvallis Transit System (CTS) is a city bus that provides public transportation across the city. While Corvallis does not have direct access to a major interstate, state Route 34 leads to Interstate 5, about 10 miles east. State Route 99 transitions into a highway heading north into southwest Portland. The Eugene Airport (EUG) is about 35 miles south for select flights to regional and international cities.

Crime data and a Mediterranean climate

According to FBI data from 2023, Corvallis has a violent crime rate of 50 per 100,000 people, slightly less than the statewide average of 75. The property crime rate is 217 per 100,000, just higher than the Oregon average of 209.

The city experiences a Mediterranean climate with summer temperatures in the 80s and winter temperatures in the 30s. The region also sees over 40 inches of rain each year.

Jackson Hardy
Written By
Jackson Hardy
Kalina Mondzholovska
Photography Contributed By
Kalina Mondzholovska
Austin Lewis
Video By
Austin Lewis

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Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Corvallis Housing Trends

Housing Trends

Median List Price
$579,450
Median Sale Price
$545,000
Median Single Family Sale Price
$567,800
Median 2 Bedroom Sale Price
$371,250
Median Change From 1st List Price
1%
Last 12 months Home Sales
470
Median Home Sale Price YoY Change
-2%
Average Price Per Sq Ft
$318

Area Facts

Number of Homes in Neighborhood
12,557
Number of Homes for Sale
82
Median Year Built
1974
Months of Supply
2.10
Average Single Family Home Size Sq Ft
1,830
Below the national average
1,925
Average Townhouse Size Sq Ft
888
Average 2 Bedroom Size Sq Ft
1,010
Average 1 Bedroom Size Sq Ft
791
Average Studio Size Sq Ft
345
Median Lot Size Sq Ft
8,712

Open Houses

  • Sunday, Sep 14
    Open Sun 1PM - 3PM

    2064 NW Lance Way, Corvallis, OR 97330

    $529,900

    • 3 Beds
    • 2.5 Baths
    • 1,660 Sq Ft
    • 2064 NW Lance Way
    • New 24 days ago

    Well kept home tucked away on a private lot with room for gardening, basket ball court, and more. Spacious kitchen with stainless steel appliances and large center island, open dining and living, sliding door to fully fenced backyard. Large primary bedroom, two other bedrooms, updated bathrooms. Private backyard fully fenced with raised beds, shed, and room for gardening. Gas forced air heating

    Agent Photo
    Hong Wolfe
    Windermere Willamette Valley
    (458) 237-8843
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  • Saturday, Sep 20
    Open Sat 11AM - 1PM

    4297 SE Kiger Island Dr, Corvallis, OR 97333

    $1,700,000

    • 6 Beds
    • 4 Baths
    • 3,930 Sq Ft
    • 4297 SE Kiger Island Dr
    • New 2 days ago

    This immaculate 21-acre estate combines luxury living with the charm of a working hazelnut farm. Featuring 6 bedrooms and 4 bathrooms, the home offers spacious living areas, a gourmet kitchen, and seamless indoor-outdoor flow perfect for entertaining or everyday comfort. Landscaped grounds and sweeping views create a serene retreat, while the thriving hazelnut orchard adds both beauty and

    ANDREA BEEM EXP REALTY, LLC

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  • Sunday, Sep 14
    Open Sun 3PM - 5PM

    33125 SE White Oak (#56) Rd Unit 56, Corvallis, OR 97333

    $153,500

    • 2 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 33125 SE White Oak (#56) Rd
    • Unit 56
    • New 25 days ago

    Beautiful and peaceful location just outside of Corvallis! This nicely updatd manufactured home located in a 55+ community can come furnished and as been remodeled and move-in ready. Living room is open and bright with a nice skylight in the kitchen! Not included in the square footage, is a beautiful south facing sunroom which is a perfect location to enjoy morning coffee! Park rent includes

    Bryan Rehnberg PREMIERE PROPERTY GROUP, LLC ALBANY

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in Corvallis

Property Mix - Square Feet

Corvallis Has More Renters

Demographics

Total Population
63,139
Median Age
31
Population under 18
20.8%
On par with the national average
23.8%
Population over 65
15.1%
On par with the national average
19.1%

Finances

Median Household Income
$58,091
Below the national average
$71,702
Average Household Income
$83,397

Education and Workforce

High School Graduates
96.7%
College Graduates
57.9%
Above the national average
34.1%
Advanced Degrees
29.4%
Above the national average
13.3%
% Population in Labor Force
62.5%

Weather

Annual Precipitation
42''
Average Winter Low Temperature
33°F
Average Summer High Temperature
82°F
Annual Snowfall
6''

Area Factors

Biker's Paradise

Bike Score®®

98 / 100

Somewhat Walkable

Walk Score®®

55 / 100

Some Transit

Transit Score®®

38 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Corvallis