In my professional opinion the Corvallis real estate market is really hot.
Currently the average listing price is $355,249, with the median sales price at $240,100. The median sales price shows a 12% decline from the previous month. And 11% less than the previous year.
As a whole sales prices of real estate in Corvallis have decreased 12.2% in the last 60 months.
Currently inventory shows 330 homes for sale, 9 open houses scheduled and 23 foreclosures taking place.
The most popular zip code with the most real estate activity is 97330, which measures at a $395,090 average listing price.
The average price per sq ft is $147, which is a decrease of 6% over this time last year.