Market Intelligence Report — OR-700

Corvallis, OR

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-OR-09
As of the latest 2026 data
Cooling

Median Listing

$664K
+2.9% YoY

Pending Ratio

0.26
-6.2% YoY

Active Inventory

272
+34.0% YoY

Median DOM

63 Days
+20.8% YoY

Primary Intelligence Tool — Sold Score™

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The Corvallis market is currently exhibiting cooling dynamics, characterized by a low pending ratio of 0.26, indicating absorption challenges relative to available supply. Active listings have expanded significantly, increasing by 34.0% year-over-year, further contributing to inventory accumulation.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Corvallis market right now.

Supply-side indicators show substantial expansion, with active listings up 34.0% year-over-year and new listings increasing by 31.4% over the same period. This growth in inventory is met with a pending ratio of 0.26, which has declined by 6.2% year-over-year, signaling a decelerating absorption pace. The median listing price has seen a modest year-over-year gain of 2.9%, reaching $663,675, while median days on market have lengthened by 20.8% to 63 days.

Historical Analysis

Market Trends

Median Price

$664K+0.6% MoM

Active Inventory

272+34.0% YoY

Days on Market

63+20.8% YoY

Sold Score™

39-6.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

39
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market posture suggests that buyers may encounter a more deliberate process, with inventory levels providing an extended selection period. The notable increase in days on market and the relatively low pending ratio indicate that properties are taking longer to move from active to pending status, which can translate to greater opportunities for price negotiation and more structured transaction timelines.

Luxury Segment

The luxury segment in Corvallis shows some signs of price pressure, as the average listing price has declined by 3.2% year-over-year, reaching $738,260, while the median listing price registered a positive 2.9% year-over-year change. This divergence, coupled with a median $/sqft increase of only 0.9% year-over-year, suggests a nuanced performance within the higher price tiers.

Supply Dynamics

272 active listings represent the current floor, with new supply arriving at roughly 92 per month.

Pricing Pressure
27.7%

of active listings carry a price reduction, +1.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.9% year-over-year.

Absorption
0.26

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Corvallis, OR? Homes here are taking 11 days longer to sell than last year.

Buyers have leverage in Corvallis, OR. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
26%
Median Days on Market
63 days
Inventory YoY
+34%

In a buyer's market, strategy beats timing. See how your home scores in Corvallis, OR and what moves the number.

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Metro Demographics

Metro Area
Corvallis, OR
CBSA Code
18700
State
OR
Analysis FAQ
  • What is the current market condition in Corvallis?+

    As of the latest 2026 data, the Corvallis metro is classified as Cooling. Pending ratio is 0.26 with median days on market at 63.

  • Are home prices dropping in Corvallis?+

    Median listing price is $664K, +2.9% year over year. 27.7% of active listings carry a price reduction.

  • How fast are homes selling in Corvallis?+

    The typical listing sits 63 days on market, a +20.8% change YoY. New listings are arriving at 92 per month.

  • What's happening in the Corvallis luxury market?+

    The luxury segment in Corvallis shows some signs of price pressure, as the average listing price has declined by 3.2% year-over-year, reaching $738,260, while the median listing price registered a positive 2.9% year-over-year change. This divergence, coupled with a median $/sqft increase of only 0.9% year-over-year, suggests a nuanced performance within the higher price tiers.

  • Where can I find a trusted Corvallis real estate expert?+

    Primpted maintains a vetted registry of Corvallis agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 18700 · 36mo history