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Corvallis Metro Area Housing

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As of 2010-2014, median price of a house in Corvallis Area is $268,400, which is higher than the state average of $234,100 and is higher than the national average of $175,700. The median year that a house in Corvallis Area was built is 1976, which is about the same as the median year for a house built in the state which is 1977 and is about the same as the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 19,168 Owner Occupied Houses in Corvallis Area, #40

Corvallis Area	268,400 USD
Oregon	234,100 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Corvallis Area	6.09%
Oregon	53.91%
U.S.	46.91%

*The Corvallis Area median house price growth rate is since 2005-2009. The Oregon and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Corvallis Area	Oregon	U.S.
Total Housing Units	36,701, see rank, 100%	1,685,814	132,741,033
Occupied Housing Units	33,376, 90.94%, see rank	90.34%	87.55%
Owner Occupied	19,168, 52.23%, see rank	55.57%	56.34%
Renter Occupied	14,208, 38.71%, see rank	34.77%	31.21%
Vacant Housing Units	3,325, 9.06%, see rank	9.66%	12.45%
For Rent	1,186, 3.23%, see rank	1.69%	2.34%
For Sale Only	128, 0.35%, see rank	1.09%	1.20%
Rented or Sold, Not Occupied	821, 2.24%, see rank	0.79%	0.92%
For Seasonal, Recreational, or Occasional Use	440, 1.20%, see rank	3.53%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.04%	0.03%
Other Vacant	750, 2.04%, see rank	2.53%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #413

Corvallis Area	Oregon	U.S.
1976	1977	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Corvallis Area	%	Oregon	U.S.
Owner-Occupied Units	19,168	100%	936,806	74,787,460
With a Mortgage	11,879	61.97%, see rank	68.22%	65.58%
Without a Mortgage	7,289	38.03%, see rank	31.78%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Corvallis Area	1,623 USD
Oregon	1,591 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Corvallis Area	%	Oregon	U.S.
$299 or Less	0	0.00%, see rank	0.20%	0.20%
$300 to $499	63	0.53%, see rank	1.25%	1.59%
$500 to $699	293	2.47%, see rank	3.37%	5.01%
$700 to $999	1,065	8.97%, see rank	10.52%	14.32%
$1,000 to $1,499	3,640	30.64%, see rank	29.19%	27.90%
$1,500 to $1,999	3,382	28.47%, see rank	26.64%	20.35%
$2,000 to $2,999	2,501	21.05%, see rank	21.71%	19.52%
$3,000 or More	935	7.87%, see rank	7.11%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Corvallis Area	22.90% of the Total Income
Oregon	25.50% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Corvallis Area	%	Oregon	U.S.
10% or Less	629	5.30%, see rank	4.64%	5.86%
10% to 20%	4,226	35.58%, see rank	27.53%	31.95%
20% to 30%	3,254	27.39%, see rank	29.39%	27.64%
30% to 40%	1,791	15.08%, see rank	15.83%	13.74%
40% or More	1,968	16.57%, see rank	22.13%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Corvallis Area	489 USD
Oregon	464 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Corvallis Area	%	Oregon	U.S.
$199 or Less	657	9.01%, see rank	6.78%	7.76%
$200 to $299	672	9.22%, see rank	12.06%	14.70%
$300 to $499	2,448	33.58%, see rank	38.27%	34.63%
$500 to $699	2,268	31.12%, see rank	26.55%	21.16%
$700 or More	1,244	17.07%, see rank	16.35%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Corvallis Area	10.20% of the Total Income
Oregon	12.70% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Corvallis Area	%	Oregon	U.S.
10% or Less	3,523	48.33%, see rank	38.74%	40.19%
10% to 20%	2,008	27.55%, see rank	32.07%	31.47%
20% to 30%	798	10.95%, see rank	12.87%	12.24%
30% to 40%	297	4.07%, see rank	5.91%	5.64%
40% or More	510	7.00%, see rank	9.37%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Corvallis Area	Oregon	U.S.
Total Housing Units	36,701, 100%	1,685,814	132,741,033
1-unit, Detached	21,706, 59.14%, see rank	63.70%	61.65%
1-unit, Attached	1,409, 3.84%, see rank	4.42%	5.82%
2 Units	1,364, 3.72%, see rank	2.87%	3.75%
3 or 4 Units	1,970, 5.37%, see rank	4.41%	4.43%
5 to 9 Units	2,409, 6.56%, see rank	4.41%	4.78%
10 or More Units	5,362, 14.61%, see rank	11.63%	13.08%
Mobile Home, Boat, RV, Van, etc.	2,481, 6.76%, see rank	8.55%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Corvallis Area	Oregon	U.S.
Total Housing Units	36,701, 100%	1,685,814	132,741,033
1 Room	1,018, 2.77%, see rank	2.21%	1.95%
2 Rooms	1,535, 4.18%, see rank	3.46%	2.48%
3 Rooms	3,408, 9.29%, see rank	8.58%	9.13%
4 Rooms	6,727, 18.33%, see rank	17.74%	16.60%
5 Rooms	6,569, 17.90%, see rank	20.85%	20.41%
6 Rooms	5,603, 15.27%, see rank	17.61%	18.06%
7 Rooms	4,645, 12.66%, see rank	11.97%	12.27%
8 Rooms	2,721, 7.41%, see rank	7.73%	8.48%
9 Rooms or More	4,475, 12.19%, see rank	9.85%	10.60%
Median Rooms	5.40, see rank	5.40	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Corvallis Area	Oregon	U.S.
Total Housing Units	36,701, 100%	1,685,814	132,741,033
No Bedroom	1,183, 3.22%, see rank	2.52%	2.17%
1 Bedroom	3,655, 9.96%, see rank	10.17%	11.16%
2 Bedrooms	10,368, 28.25%, see rank	28.12%	26.69%
3 Bedrooms	14,374, 39.17%, see rank	41.99%	39.70%
4 Bedrooms	5,396, 14.70%, see rank	13.78%	16.05%
5 or More Bedrooms	1,725, 4.70%, see rank	3.42%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Corvallis Area	Oregon	U.S.
Total Housing Units	33,376, 100%	1,522,988	116,211,092
Utility Gas	13,500, 40.45%, see rank	38.19%	48.85%
Bottled, Tank, or LP Gas	408, 1.22%, see rank	1.64%	4.86%
Electricity	16,463, 49.33%, see rank	49.20%	36.68%
Fuel Oil, Kerosene, etc.	237, 0.71%, see rank	2.78%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	2,439, 7.31%, see rank	7.04%	2.12%
Solar Energy	42, 0.13%, see rank	0.05%	0.05%
Other Fuel	154, 0.46%, see rank	0.77%	0.47%
No Fuel Used	133, 0.40%, see rank	0.33%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Corvallis Area	Oregon	U.S.
Occupied Units Paying Rent	13,614, 100%	561,173	39,201,928
$199 or Less	110, 0.81%, see rank	1.32%	1.50%
$200 to $299	186, 1.37%, see rank	2.39%	3.18%
$300 to $499	647, 4.75%, see rank	5.58%	7.37%
$500 to $699	2,870, 21.08%, see rank	15.63%	16.01%
$700 to $999	5,546, 40.74%, see rank	37.30%	29.17%
$1,000 to $1,499	3,012, 22.12%, see rank	26.96%	26.88%
$1,500 to $1,999	948, 6.96%, see rank	7.51%	9.79%
$2,000 or More	295, 2.17%, see rank	3.30%	6.10%
Median	$845, see rank	$894	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Corvallis Area	Oregon	U.S.
Occupied Housing Units	33,376, 100%	1,522,988	116,211,092
No Vehicles Available	2,595, 7.78%, see rank	8.00%	9.12%
1 Vehicles Available	10,877, 32.59%, see rank	32.67%	33.80%
2 Vehicles Available	12,663, 37.94%, see rank	38.13%	37.48%
3 or More Vehicles Available	7,241, 21.70%, see rank	21.20%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.