Area Insights of Corvallis, OR

Stay ahead with market trends and local insights that matter.

Demand Insights

The market maintains its steady pace indicating a consistent buyer interest. A total of 129 homes were sold with 43 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

Corvallis, OR

Date

04-09-2023

Price Ratio

100%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Corvallis Waldorf School

PK to 8

Ashbrook Independent School

PK to 8

Corvallis Montessori School

PK to KG

Zion Lutheran School

KG to 8

Middle School

Cheldelin Middle School

6 to 8

Ratings

B-

Linus Pauling Middle School

6 to 8

Ratings

B+

High School

Crescent Valley High School

9 to 12

Ratings

C

Corvallis High School

9 to 12

Ratings

B

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 11% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (73,612)
37,086 Male
36,526 Female
Education
12% High School
9% Associate
29% Bachelor
28% Graduate
Age

Average Age is 34 Years

Household Details

The area's household landscape is diverse, with 47% owner-occupied homes and 53% renter-occupied properties. Family households represent 52% of the population, indicating a strong community focus on family living. The average home value stands at $592,908, which suggests ample demand for multi-bedroom properties.

Total Households
30,395
Average home value
$592,908
Owned
47%
Rented
53%
Vacant
7%
Families
52%
Married
39%
With children
21%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 9% Asian, 1% Black, and 1% Native residents, alongside 75% White and 10% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 31% of households earning over $100,000 annually, while 30% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
2%
Healthcare
12%
Professional
8%
Education
25%
Services
20%
Labor
15%
Retail
11%
Other
7%
Explore Listings in Corvallis, OR