Benton County · Corvallis · population 61,993
Where Corvallis stands
At or near all-time high.
Home value trajectory · last 10 years
Zillow ZHVI · monthlyLifestyle scores
Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.
Rent trajectory · last 5 years
Zillow ZORI · monthlyHome value vs rent · indexed to 100
Both rebased at first month of ZORI data (~2015)Rent vs buy
At a 24.2 price-to-rent ratio, the math is starting to lean toward renting in Corvallis. Owner-occupier ROI requires longer holds and the assumption that prices keep appreciating roughly at the rate of rent.
How the momentum score breaks down
methodology →Corvallis has held up across the cycle: home values at $560,612 with +4.5% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.
Corvallis's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.
About Corvallis
Corvallis is a city in Benton County, Oregon, with an estimated population of 61,993. The population grew 0.9% annually from 2020 to 2024, a moderate gain. The median home value in Corvallis is $560,612 as of 2026-04, down 0.4% over the last 12 months. Over the last five years, home values have averaged +4.5% annual growth, with prices at or near the 5-year peak. Rents in Corvallis average $1,928 per month, up 4.2% year-over-year. The composite momentum score is 65 of 100 (Rising). The market is healthy with prices supported by underlying demand.
▲ Bull case
▼ Bear case
About Corvallis (Wikipedia)
Corvallis is a city in and the county seat of Benton County in central western Oregon, United States. It is the principal city of the Corvallis, Oregon Metropolitan Statistical Area, which encompasses all of Benton County. As of the 2023 Census Population Estimates, the population was 61,087, making it the 9th most populous city in Oregon. This includes the 38,000 Oregon State University students attending classes in Corvallis, over 5,250 of whom live in one of 16 residence halls on the main campus. Corvallis is the location of Oregon State University's 420-acre (170 ha) main campus, Samaritan Health Services, a top 10 largest non-profit employer in the state, an 84-acre (34 ha) Good Samaritan Regional Medical Center campus, and a 2,200,000-square-foot (200,000 m2), 197-acre (80 ha) Hewlett Packard research and development campus. Corvallis is a part of the Silicon Forest. Corvallis is the westernmost city in the contiguous 48 states with a population larger than 50,000.
Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.
City facts
Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.
Playbook
You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.
Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.
Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.
Local safety & alerts
No active National Weather Service alerts for Benton County right now.
Public-safety links are official .gov sources, not curated by us. Benton County routes NWS alerts; check the state EM portal for non-weather emergencies.
Neighborhoods of Corvallis
14 tracked · ranked by median home valueCities like Corvallis
Run the numbers for Corvallis
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.
Climate & natural-disaster risk
State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.
Current weather
Find rentals & listings
Open current Corvallis listings on the major real-estate sites.
Links open the live search on the destination site — results are always current.
Local news & community
Latest news
- Voters approve four ballot measures updating Corvallis City Chartercorvallisoregon.gov · 5h ago
- Oregon State men’s golf finishes 7th in Corvallis RegionalOregonLive.com · 4h ago
- Men’s Golf Moves Into Third At NCAA Corvallis RegionalOregon State University Athletics · 1d ago
- Toreros Tee Off Monday at NCAA Corvallis RegionalUniversity of San Diego Athletics · 3d ago
- Matthews Tied For Fifth Individually Through Two RoundsCharlotte Athletics · 1d ago
- Wilson Leading for Commissioner, Measho Besting Flinn for Judge, City Charter Amendments Passing HandilyThe Corvallis Advocate · 1d ago
Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.
Local sports teams
Major professional teams the Corvallis area cheers for. Detailed stats, schedules, and player pages on intherafters.com.
Local economy & environment
Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.
Cities similar to Corvallis
Explore other places with comparable momentum or affordability.