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The median home value in Corvallis, OR is $565,289 as of 2026-07-31, down 0.02% from a year earlier.
Median Home Value
$565,289
Year-over-Year
-0.02%
Population
61,474
Corvallis ranks #9 of 62 Oregon cities tracked here by median home value, and sits 20.0% above the state's city median of $471,244. It sits in Benton County, where the county-wide median is $562,302.
Median household income in Corvallis is $65,012, so the typical home value is about 8.7× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Corvallis police recorded a violent crime rate of 184 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 2,512 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Corvallis, that value is $565,289. That's down 0.02% from a year earlier. It is about 20.0% above the typical Oregon city tracked here.
Homes in Corvallis are more expensive than Benton County as a whole, where the median is $562,302 — a difference of about 0.5%.
Median household income here is $65,012, so the typical home value is about 8.7× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Corvallis police reported 184 violent crimes per 100,000 residents, covering a population of about 61,474. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.