Corvallis, Oregon
real estate
Home to Oregon State University, Corvallis consistently ranks among Oregon's best places to live. A vibrant mix of college-town energy, tech industry jobs, and outdoor adventure — with real estate prices to match the demand.
Avg Sold Price
$593K
Q1 2026
Homes Sold Q1
68
Down from 77
Avg Days on Market
102
Residential <1 acre
Active Listings
79
Limited inventory
Corvallis market snapshot
Q1 2026 data from Willamette Valley MLS. 68 residential sales under 1 acre.
Avg Sold Price
$593,250
+4.1% YoY
Avg Days on Market
102
Residential <1 acre
Active Listings
79
Current inventory
Price per Sq Ft
$326
Average
Corvallis vs Lebanon
Corvallis is the premium option in the region at $593K average — 57% higher than Lebanon ($377K). You get a top university town, thriving tech sector, and nationally ranked schools. Lebanon offers 36% more home for your dollar with a quieter, small-town lifestyle just 25 minutes away. Many families buy in Lebanon and commute to Corvallis for work, getting the best of both worlds.
Corvallis
$593,250
Lebanon
$377,115
Difference
$216,135
Drive Time
25 minutes via US-20
Why Corvallis?
Population 62,110 (+0.8% annually).18 miles west of Lebanon via US-20.
Oregon State University — 32,000+ students, major research institution, and top employer
Consistently ranked #1 or #2 best place to live in Oregon (Niche, US News)
Thriving tech sector with HP, NuScale Power, Inpria, and OSU spinoffs
Exceptional outdoor access: Marys Peak, Bald Hill, Peavy Arboretum, McDonald Forest
Award-winning Corvallis School District with high graduation rates
Vibrant downtown with independent shops, restaurants, breweries, and farmers market
Corvallis neighborhoods
Explore distinct areas of Corvallis, each with its own character and price point.
South Corvallis
Artsy, walkable, close to natural areas
Eclectic mix of older homes and newer infill near South Town shops. Walking distance to natural areas and the Willamette River. Popular with university staff and outdoor enthusiasts.
North Corvallis
Family neighborhoods near Bald Hill
Desirable family area with access to Bald Hill and Chip Ross Park. Newer construction mixed with established 1980s-90s homes. Excellent schools and quiet streets.
West Corvallis / Philomath
Newer developments with valley views
Growing area along Philomath Boulevard with newer subdivisions, valley views, and quick access to the Coast Range. A good balance of price and modern amenities.
Downtown / Campus
Urban living near OSU
Historic homes, student rentals, and walkable urban living. Highest density area with restaurants, shops, and campus amenities within walking distance.
Schools
Corvallis School District 509J
- ✓One of Oregon's top-rated districts with A+ Niche rating
- ✓Corvallis High School and Crescent Valley High both rank in Oregon's top 20
- ✓Strong STEM programs through OSU partnerships
- ✓Bilingual immersion programs (Spanish/English) at multiple elementary schools
Major employers
Oregon State University
Education/Research
Samaritan Health Services
Healthcare
HP Inc.
Technology
Corvallis School District
Education
NuScale Power
Clean Energy
Outdoor recreation near Corvallis
Bald Hill Natural Area — 300 acres of trails with panoramic valley views
Peavy Arboretum and McDonald-Dunn Forest — 11,000 acres of trails
Marys Peak — highest point in the Coast Range, 45-minute drive
Willamette River access for kayaking, fishing, and swimming
Chip Ross Park — popular hilltop trail with sunset views
Avery Park — gardens, playgrounds, rose garden