Is Corvallis, OR 97333 a buyer’s or seller’s market?
Corvallis is a seller’s market. With about 2.8 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 46% of U.S. ZIP codes, and #95 of 170 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Corvallis housing market right now
In the three months ending August 31, 2026, 20% of homes in Corvallis, OR 97333 sold above their list price, the typical home went under contract in 61 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 72 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (19% then), homes sold more slowly (50 days then) and the median sale price rose 18% to $591,994. Overall, Corvallis is about as competitive as it was a year ago.
Within Benton County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Corvallis ranks #95 of 170 OR ZIP codes with enough sales (score 46 out of 100).
Nearby, buyers who want less competition could look at Alsea 97324 (0% sold over asking) or Philomath 97370 (13% sold over asking), while Corvallis 97330 (28% sold over asking) is even more competitive.
Run the numbers for 97333
Nearby markets
Alsea 97324Balanced $340 /sq ftCorvallis 97330Seller’s market $320 /sq ftMonroe 97456Seller’s market $327 /sq ftPhilomath 97370Balanced $279 /sq ft Browse all markets →Towns like Corvallis nearby
Find towns like Corvallis in other states →Where Corvallis is
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Questions about Corvallis real estate
Is Corvallis a buyer’s or seller’s market?
A seller’s market: there were 2.8 months of supply in Corvallis, OR 97333 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 61 days in the latest three months.
Do homes in Corvallis sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.
What are property taxes in Corvallis?
About 0.95% of a home’s value a year in Benton County, or roughly $3,800 on a $400,000 home.
What is the median home price in Corvallis?
The median sale price was $591,994 in the three months ending August 31, 2026, about $351 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