Gillott Home Team

Corvallis, OR

Single-Family Homes

Keller Williams Realty Mid-Willamette



Corvallis, OR

Sat Jul 04 2020
This week the median list price for Corvallis, OR is $434,500 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 190. Click here to stay informed with the Corvallis market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Corvallis, OR

Sat Jul 04 2020
This week the median list price for Corvallis, OR is $434,500 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 190. Click here to stay informed with the Corvallis market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Corvallis market.
Median List Price $434,500
Per Square Foot $222
Days on Market 108
Price Decreased 26%
Price Increased 3%
Relisted 16%
Inventory 190
Median Rent
Most Expensive $2,250,000
Least Expensive $3,680
Market Action 30
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$629,000 2,971 0.25 - 0.5 acre 4 3 18 2 3 182
$480,000 2,172 4,500 - 6,500 sqft 4 2 17 15 2 87
$417,700 1,845 4,500 - 6,500 sqft 3 2 10 3 1 92
$349,900 1,493 6,500 - 8,000 sqft 3 2 46 7 4 71