Is Corvallis, MT 59828 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Corvallis is a buyer’s market. With about 7.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.1Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market103Listing to accepted offer
Median price per sq ft$335▼ −9.0% vs. last year

The Corvallis housing market right now

In the three months ending August 31, 2026, 0% of homes in Corvallis, MT 59828 sold above their list price, the typical home went under contract in 103 days and there were 7.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 20 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (53 days then) and the median sale price rose 43% to $994,570. Overall, Corvallis is less competitive than a year ago, which gives buyers more room.

Within Ravalli County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby markets

Conner 59827Seller’s market $180 /sq ftDarby 59829Buyer’s market $315 /sq ftFlorence 59833Buyer’s market $333 /sq ftHamilton 59840Buyer’s market $343 /sq ft Browse all markets →

Where Corvallis is

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Questions about Corvallis real estate

Is Corvallis a buyer’s or seller’s market?

A buyer’s market: there were 7.1 months of supply in Corvallis, MT 59828 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Corvallis?

The typical home went under contract in 103 days in the latest three months.

Do homes in Corvallis sell over asking?

0% of homes sold above their original list price.

What are property taxes in Corvallis?

About 0.50% of a home’s value a year in Ravalli County, or roughly $2,000 on a $400,000 home.

What is the median home price in Corvallis?

The median sale price was $994,570 in the three months ending August 31, 2026, about $335 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology