CORVALLIS Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Rent Data
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Corvallis averaged 6.5% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 6.81% and one month ago for the week of 2024-10-10, the average rate was 6.04%.

    Corvallis's average rate one year ago was 7.22%.

    For refis of the same type during the week of 2024-11-14, the average rate was 7.38%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Corvallis 30 Year Fixed Rate 2024-11-14 6.5%
    Corvallis 30 Year Fixed Rate Refi 2024-11-14 7.38%
    Corvallis 15 Year Fixed Rate 2024-11-14 5.79%
    Corvallis 15 Year Fixed Rate Refi 2024-11-14 6.29%
    Corvallis 30 Year FHA 2024-11-14 0.2%
    Corvallis 30 Year FHA Refi 2024-11-14 -0.1%
    Corvallis 30 Year USDA 2024-11-14 0.1%
    Corvallis 30 Year USDA Refi 2024-11-14 0%
    Corvallis 30 Year VA 2024-11-14 0.1%
    Corvallis 30 Year VA Refi 2024-11-14 0.2%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within CORVALLIS, OR.

    CORVALLIS Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the CORVALLIS, OR market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    MORTGAGE EXPRESS, LLC 40 6.75% $9,839
    MOVEMENT MORTGAGE, LLC 39 6.64% $11,991
    Umpqua Bank 27 6.58% $7,979
    DIRECTORS MORTGAGE, INC. 26 6.86% $14,846
    UNITED WHOLESALE MORTGAGE, LLC 25 6.82% $9,476
    QUICKEN LOANS, LLC 21 6.56% $8,414
    Oregon State Credit Union 20 6.68% $6,311
    PROVIDENT FUNDING ASSOCIATES, L.P. 17 6.66% $7,812
    U.S. Bank 16 6.65% $6,632
    GUILD MORTGAGE COMPANY 15 6.89% $9,218
    ACADEMY MORTGAGE CORPORATION 13 7.05% $9,418
    AMERICAN PACIFIC MORTGAGE CORPORATION 11 6.76% $9,433
    KeyBank 10 6.64% $7,638
    CROSSCOUNTRY MORTGAGE, LLC 10 7.11% $9,068
    JPMorgan Chase Bank 9 6.48% $6,856
    NEWREZ LLC 9 6.83% $6,412
    SUMMIT FUNDING, INC. 9 6.68% $13,310
    OnPoint Community Credit Union 8 6.73% $6,520
    PACIFIC RESIDENTIAL MORTGAGE, LLC 7 6.77% $13,509
    NATIONS DIRECT MORTGAGE, LLC 7 6.55% $7,357
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 7 7.03% $9,410
    FIRST TECHNOLOGY 6 6.77% $3,943
    Flagstar Bank, FSB 6 7.38% $8,213
    S1L, Inc. 6 7.15% $8,897
    USAA Federal Savings Bank 6 6.48% $8,202
    Washington Federal Bank 6 6.71% $16,426
    LPMC, LLC 6 6.06% $9,834
    CMG MORTGAGE, INC. 6 6.65% $7,576
    Wells Fargo Bank 5 6.98% $4,353
    PREMIER MORTGAGE RESOURCES, L.L.C. 4 6.31% $8,482
    LOANDEPOT.COM, LLC 4 6.46% $7,110
    MANN FINANCIAL INC. 4 7.09% $9,549
    Northwest Farm Credit Services, FLCA 3 7.33% $6,915
    Century Mortgage Company DBA Century Lending Company 3 7.21% $9,352
    PLAZA HOME MORTGAGE, INC. 3 7.25% $5,896
    PENNYMAC LOAN SERVICES, LLC 3 6.62% $9,541
    CALIBER HOME LOANS, INC. 3 6.71% $9,131
    Boeing Employees Credit Union 3 6.83% $4,188
    NAVY FEDERAL CREDIT UNION 2 5.56% $4,036
    NBKC BANK 2 6.75% $3,883
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 7.19% $8,008
    The Huntington National Bank 2 6.50% $7,158
    Sierra Pacific Mortgage Company, Inc. 2 7.13% $11,425
    SUMMIT MORTGAGE CORPORATION 2 6.31% $7,177
    SAMMAMISH MORTGAGE COMPANY 2 6.31% $4,097
    GUARANTEED RATE, INC. 2 6.75% $6,984
    BROKER SOLUTIONS, INC. 2 6.67% $6,209
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.50% $5,485
    Washington Trust Bank 2 5.38% $9,452
    Bank of America 2 6.13% $7,881
    BMO Harris Bank 2 5.88% $7,087
    BAY EQUITY LLC 2 5.99% $15,817
    AMERISAVE MORTGAGE CORPORATION 2 6.31% $17,281
    PENRITH HOME LOANS LLC 1 6.63% $5,382
    Alerus Financial 1 7.13% $5,978
    Ally Bank 1 6.13% $7,498
    American Airlines Federal Credit Union 1 5.88% $0
    AXIA FINANCIAL, LLC 1 5.38% $5,924
    BETTER MORTGAGE CORPORATION 1 6.00% $15,495
    BNY Mellon 1 5.75% $5,778
    City National Bank 1 6.45% $3,999
    Consolidated Federal Credit Union 1 3.50% $13,985
    CRESCENT MORTGAGE COMPANY 1 6.75% $5,595
    DAS Acquisition Company, LLC 1 5.88% $11,783
    DHI MORTGAGE COMPANY, LTD. 1 6.38% $6,067
    First National Bank of America 1 9.38% $14,764
    Franklin Loan Corporation 1 5.88% $17,144
    INTERSTATE HOME LOAN CENTER, INC. 1 8.50% $7,844
    LENDSURE MORTGAGE CORP. 1 8.50% $17,549
    MARION AND POLK SCHOOLS CREDIT UNION 1 6.63% $4,111
    Morgan Stanley Private Bank 1 6.55% $3,948
    MOUNTAIN AMERICA 1 6.88% $10,300
    Mr. Cooper ( Nationstar Mortgage ) 1 6.38% $19,047
    NFM, INC. 1 6.50% $11,962
    OREGON COMMUNITY 1 7.50% $5,774
    Paramount Residential Mortgage Group, Inc. 1 5.88% $3,792
    PENTAGON FEDERAL CREDIT UNION 1 6.25% $3,500
    Plains Commerce Bank 1 7.13% $16,422
    PLANET HOME LENDING, LLC 1 6.63% $10,244
    PNC Bank 1 6.88% $4,660
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.13% $4,533
    Prosperity Home Mortgage, LLC 1 5.50% $11,747
    Rivermark Community Credit Union 1 5.75% $7,145
    ROGUE 1 5.88% $9,723
    STAR ONE CREDIT UNION 1 6.63% $2,865
    T2 FINANCIAL LLC 1 7.63% $5,629
    The Loan Store, Inc. 1 6.88% $6,589
    Third Federal Savings and Loan Association of Cleveland 1 6.09% $2,916
    TWINSTAR 1 5.25% $10,386
    Unitus Community Credit Union 1 7.25% $11,726
    Watermark Capital, Inc. 1 7.63% $7,022
    Waterstone Mortgage Corporation 1 6.88% $5,586
    Willamette Valley Bank 1 6.63% $19,623
    Zions Bank 1 5.25% $4,293

    CORVALLIS Average Closing Costs & Other Stats

    CORVALLIS, OR's 94 lenders originated 1,111 loans during 2023. The total origination value was $367,325,000, with an average loan value of $330,626.

    CORVALLIS's average closing costs are $6,181.

    The top CORVALLIS lender as defined by loan originations is MORTGAGE EXPRESS, LLC, with 40 loans originated. Their average total fees are $9,839, which is $2,152 lower than the next largest lender, MOVEMENT MORTGAGE, LLC.

    The lowest fee CORVALLIS lenders (with over 10 loans originated) are Oregon State Credit Union ($6,311), U.S. Bank ($6,632), KeyBank ($7,638), PROVIDENT FUNDING ASSOCIATES, L.P. ($7,812) and Umpqua Bank ($7,979).

    The lowest rate CORVALLIS lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.56%), Umpqua Bank (6.58%), MOVEMENT MORTGAGE, LLC (6.64%), KeyBank (6.64%) and U.S. Bank (6.65%).

    CORVALLIS, OR Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    JONES LANG LASALLE MULTIFAMILY, LLC $28,210,000 n/a 7.7%
    Oregon State Credit Union $53,160,000 $25,170,000 -52.7% 6.9%
    Umpqua Bank $63,650,000 $20,150,000 -68.3% 5.5%
    MORTGAGE EXPRESS, LLC $34,455,000 $19,780,000 -42.6% 5.4%
    MOVEMENT MORTGAGE, LLC $35,700,000 $18,070,000 -49.4% 4.9%
    DIRECTORS MORTGAGE, INC. $13,880,000 $15,180,000 9.4% 4.1%
    UNITED WHOLESALE MORTGAGE, LLC $16,045,000 $13,175,000 -17.9% 3.6%
    U.S. Bank $26,145,000 $12,005,000 -54.1% 3.3%
    WALKER & DUNLOP, LLC $10,925,000 n/a 3.0%
    QUICKEN LOANS, LLC $27,845,000 $10,625,000 -61.8% 2.9%
    GUILD MORTGAGE COMPANY $13,815,000 $9,645,000 -30.2% 2.6%
    KeyBank $11,130,000 $8,545,000 -23.2% 2.3%
    PROVIDENT FUNDING ASSOCIATES, L.P. $3,325,000 $7,600,000 128.6% 2.1%
    Washington Federal Bank $8,240,000 $6,725,000 -18.4% 1.8%
    CROSSCOUNTRY MORTGAGE, LLC $16,835,000 $6,600,000 -60.8% 1.8%
    FIRST TECHNOLOGY $15,025,000 $5,950,000 -60.4% 1.6%
    ACADEMY MORTGAGE CORPORATION $9,550,000 $5,890,000 -38.3% 1.6%
    SUMMIT FUNDING, INC. $5,040,000 $4,980,000 -1.2% 1.4%
    People's Bank of Commerce $4,755,000 n/a 1.3%
    AMERICAN PACIFIC MORTGAGE CORPORATION $9,765,000 $4,505,000 -53.9% 1.2%
    OnPoint Community Credit Union $3,560,000 $4,495,000 26.3% 1.2%
    NATIONS DIRECT MORTGAGE, LLC $1,665,000 $4,445,000 167.0% 1.2%
    NAVY FEDERAL CREDIT UNION $2,450,000 $4,375,000 78.6% 1.2%
    JPMorgan Chase Bank $14,550,000 $3,870,000 -73.4% 1.1%
    Mortgage Research Center, LLC $5,940,000 $3,815,000 -35.8% 1.0%
    CMG MORTGAGE, INC. $3,595,000 $3,765,000 4.7% 1.0%
    USAA Federal Savings Bank $1,640,000 $3,650,000 122.6% 1.0%
    PACIFIC RESIDENTIAL MORTGAGE, LLC $11,005,000 $3,625,000 -67.1% 1.0%
    Bank of America $5,775,000 $3,460,000 -40.1% 0.9%
    NEWREZ LLC $1,195,000 $3,445,000 188.3% 0.9%
    S1L, Inc. $5,535,000 $3,430,000 -38.0% 0.9%
    Century Mortgage Company DBA Century Lending Company $3,310,000 n/a 0.9%
    LPMC, LLC $1,510,000 $3,275,000 116.9% 0.9%
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY $2,605,000 $2,920,000 12.1% 0.8%
    Wells Fargo Bank $8,840,000 $2,650,000 -70.0% 0.7%
    Flagstar Bank, FSB $2,970,000 $2,545,000 -14.3% 0.7%
    Boeing Employees Credit Union $75,000 $2,215,000 2,853.3% 0.6%
    SELCO COMMUNITY $780,000 $2,185,000 180.1% 0.6%
    OREGON COMMUNITY $6,485,000 $2,160,000 -66.7% 0.6%
    CALIBER HOME LOANS, INC. $18,605,000 $1,895,000 -89.8% 0.5%
    The Huntington National Bank $970,000 $1,755,000 80.9% 0.5%
    PENNYMAC LOAN SERVICES, LLC $5,870,000 $1,750,000 -70.2% 0.5%
    BMO Harris Bank $705,000 $1,705,000 141.8% 0.5%
    PREMIER MORTGAGE RESOURCES, L.L.C. $525,000 $1,580,000 201.0% 0.4%
    MANN FINANCIAL INC. $610,000 $1,530,000 150.8% 0.4%
    LOANDEPOT.COM, LLC $14,630,000 $1,385,000 -90.5% 0.4%
    MARION AND POLK SCHOOLS CREDIT UNION $4,095,000 $1,350,000 -67.0% 0.4%
    Commerce Home Mortgage, Inc. $970,000 $1,300,000 34.0% 0.4%
    FINANCE OF AMERICA REVERSE LLC $1,205,000 $1,280,000 6.2% 0.3%
    Oregon Pacific Banking Company $1,230,000 n/a 0.3%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $5,060,000 $1,210,000 -76.1% 0.3%
    Northwest Farm Credit Services, FLCA $2,705,000 $1,115,000 -58.8% 0.3%
    PacWest Funding Inc. $1,200,000 $1,105,000 -7.9% 0.3%
    PLAZA HOME MORTGAGE, INC. $990,000 $1,040,000 5.1% 0.3%
    CENTRAL WILLAMETTE Credit Union $2,395,000 $1,030,000 -57.0% 0.3%
    SUMMIT MORTGAGE CORPORATION $630,000 $1,025,000 62.7% 0.3%
    MOUNTAIN AMERICA $965,000 n/a 0.3%
    AMERISAVE MORTGAGE CORPORATION $5,575,000 $910,000 -83.7% 0.2%
    BAY EQUITY LLC $2,200,000 $900,000 -59.1% 0.2%
    SAMMAMISH MORTGAGE COMPANY $530,000 $890,000 67.9% 0.2%
    Washington Trust Bank $670,000 $885,000 32.1% 0.2%
    LONGBRIDGE FINANCIAL, LLC $835,000 $825,000 -1.2% 0.2%
    LOANPAL, LLC $820,000 n/a 0.2%
    TWINSTAR $315,000 $790,000 150.8% 0.2%
    GUARANTEED RATE, INC. $1,960,000 $780,000 -60.2% 0.2%
    NBKC BANK $800,000 $780,000 -2.5% 0.2%
    Willamette Valley Bank $1,390,000 $780,000 -43.9% 0.2%
    ALLIANT CREDIT UNION $765,000 n/a 0.2%
    Consolidated Federal Credit Union $760,000 $760,000 0.0% 0.2%
    Gallic & Johnson, LLC $175,000 $710,000 305.7% 0.2%
    Paramount Residential Mortgage Group, Inc. $1,855,000 $710,000 -61.7% 0.2%
    PNC Bank $1,125,000 $655,000 -41.8% 0.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,140,000 $650,000 -69.6% 0.2%
    Sierra Pacific Mortgage Company, Inc. $6,310,000 $650,000 -89.7% 0.2%
    TRIAD FINANCIAL SERVICES, INC. $710,000 $650,000 -8.5% 0.2%
    DAS Acquisition Company, LLC $630,000 n/a 0.2%
    MASON MCDUFFIE MORTGAGE CORPORATION $625,000 n/a 0.2%
    Prosperity Home Mortgage, LLC $595,000 n/a 0.2%
    BNC National Bank $860,000 $565,000 -34.3% 0.2%
    DHI MORTGAGE COMPANY, LTD. $565,000 n/a 0.2%
    LIBERTY HOME MORTGAGE CORPORATION $565,000 n/a 0.2%
    CRESCENT MORTGAGE COMPANY $560,000 n/a 0.2%
    EVERETT FINANCIAL, INC. $535,000 n/a 0.1%
    Mr. Cooper ( Nationstar Mortgage ) $4,575,000 $535,000 -88.3% 0.1%
    AMERICAN HERITAGE LENDING, INC. $1,665,000 $530,000 -68.2% 0.1%
    Franklin Loan Corporation $525,000 n/a 0.1%
    Discover Bank $630,000 $520,000 -17.5% 0.1%
    LENDSURE MORTGAGE CORP. $335,000 $515,000 53.7% 0.1%
    PLANET HOME LENDING, LLC $265,000 $505,000 90.6% 0.1%
    PREMIA MORTGAGE, LLC $505,000 n/a 0.1%
    Plains Commerce Bank $495,000 n/a 0.1%
    GENEVA FINANCIAL, LLC $2,780,000 $485,000 -82.6% 0.1%
    Unitus Community Credit Union $725,000 $485,000 -33.1% 0.1%
    BNY Mellon $465,000 $475,000 2.2% 0.1%
    STAR ONE CREDIT UNION $445,000 n/a 0.1%
    Equity Prime Mortgage LLC $435,000 n/a 0.1%
    INTERCAP LENDING INC. $435,000 n/a 0.1%
    The Loan Store, Inc. $365,000 $435,000 19.2% 0.1%
    Watermark Capital, Inc. $465,000 $435,000 -6.5% 0.1%
    Alerus Financial $425,000 n/a 0.1%
    NFM, INC. $425,000 n/a 0.1%
    Zions Bank $145,000 $415,000 186.2% 0.1%
    American Airlines Federal Credit Union $405,000 n/a 0.1%
    Loan Simple, Inc. $405,000 n/a 0.1%
    PENRITH HOME LOANS LLC $405,000 n/a 0.1%
    BROKER SOLUTIONS, INC. $3,365,000 $395,000 -88.3% 0.1%
    City National Bank $395,000 n/a 0.1%
    CREDIT HUMAN FEDERAL CREDIT UNION $630,000 $375,000 -40.5% 0.1%
    First National Bank of America $375,000 n/a 0.1%
    MID AMERICA MORTGAGE, INC. $475,000 $375,000 -21.1% 0.1%
    Waterstone Mortgage Corporation $375,000 n/a 0.1%
    Third Federal Savings and Loan Association of Cleveland $820,000 $370,000 -54.9% 0.1%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $1,440,000 $365,000 -74.7% 0.1%
    HomeTrust Bank $155,000 $355,000 129.0% 0.1%
    PENTAGON FEDERAL CREDIT UNION $1,650,000 $355,000 -78.5% 0.1%
    Figure Lending LLC $705,000 $340,000 -51.8% 0.1%
    CALCON MUTUAL MORTGAGE LLC $335,000 n/a 0.1%
    OCMBC, INC. $890,000 $325,000 -63.5% 0.1%
    Morgan Stanley Private Bank $315,000 n/a 0.1%
    BETTER MORTGAGE CORPORATION $2,685,000 $305,000 -88.6% 0.1%
    T2 FINANCIAL LLC $305,000 n/a 0.1%
    RED CANOE CREDIT UNION $1,595,000 $300,000 -81.2% 0.1%
    ROGUE $410,000 $295,000 -28.0% 0.1%
    Wyndham Capital Mortgage, Inc. $495,000 $295,000 -40.4% 0.1%
    Carrington Mortgage Services, LLC $440,000 $285,000 -35.2% 0.1%
    Ally Bank $1,090,000 $265,000 -75.7% 0.1%
    HOMEXPRESS MORTGAGE CORP. $395,000 $265,000 -32.9% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $920,000 $265,000 -71.2% 0.1%
    LADERA LENDING, INC. $205,000 $255,000 24.4% 0.1%
    Rivermark Community Credit Union $105,000 $245,000 133.3% 0.1%
    AXIA FINANCIAL, LLC $445,000 $225,000 -49.4% 0.1%
    Hometown Equity Mortgage, LLC $225,000 n/a 0.1%
    Nations Lending Corporation $775,000 $215,000 -72.3% 0.1%
    Citadel Servicing Corporation $205,000 n/a 0.1%
    Connexus Credit Union $205,000 n/a 0.1%
    USAGENCIES $1,685,000 $195,000 -88.4% 0.1%
    Coastal Community Bank $190,000 n/a 0.1%
    Bethpage Federal Credit Union $180,000 n/a 0.0%
    OREGONIANS CREDIT UNION $170,000 n/a 0.0%
    INTERSTATE HOME LOAN CENTER, INC. $165,000 n/a 0.0%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $1,490,000 $165,000 -88.9% 0.0%
    FIRST COMMUNITY $155,000 n/a 0.0%
    State Department Federal Credit Union $155,000 n/a 0.0%
    HERITAGE GROVE Federal Credit Union $120,000 n/a 0.0%
    21ST MORTGAGE CORPORATION $120,000 $90,000 -25.0% 0.0%
    HomeStreet Bank $590,000 $55,000 -90.7% 0.0%
    SPRING EQ, LLC $580,000 $55,000 -90.5% 0.0%

    CORVALLIS's top lender by overall market share is JONES LANG LASALLE MULTIFAMILY, LLC, with 7.7% market share. In second place, with 6.9%, is Oregon State Credit Union, having originated $25,170,000 in loans. In third place, with 5.5%, is Umpqua Bank, having originated $20,150,000 in loans. In fourth place, with 5.4%, is MORTGAGE EXPRESS, LLC, having originated $19,780,000 in loans. In fifth place, with 4.9%, is MOVEMENT MORTGAGE, LLC, having originated $18,070,000 in loans.

    CORVALLIS Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - CORVALLIS (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $449,923 (20.0%) $544,192 (11.0%) 0.00 124
    2018-02-01 $449,675 (18.8%) $549,255 (12.2%) 0.00 116
    2018-03-01 $449,000 (16.0%) $571,834 (19.2%) 0.00 137
    2018-04-01 $468,167 (17.3%) $590,412 (22.0%) 0.00 150
    2018-05-01 $453,897 (13.8%) $592,672 (22.0%) 0.00 160
    2018-06-01 $489,000 (24.6%) $623,998 (32.2%) 0.00 167
    2018-07-01 $475,000 (9.2%) $571,624 (4.7%) 0.00 172
    2018-08-01 $449,900 (4.7%) $539,787 (-1.5%) 0.00 197
    2018-09-01 $457,250 (7.6%) $548,332 (1.6%) 0.00 189
    2018-10-01 $442,450 (1.7%) $585,874 (13.1%) 0.00 206
    2018-11-01 $437,500 (-2.8%) $590,115 (10.0%) 0.00 201
    2018-12-01 $479,900 (6.7%) $606,621 (14.9%) 0.00 171
    2019-01-01 $493,750 (9.7%) $636,854 (17.0%) 0.00 150
    2019-02-01 $489,750 (8.9%) $661,055 (20.4%) 0.00 147
    2019-03-01 $466,143 (3.8%) $640,962 (12.1%) 0.00 160
    2019-04-01 $432,475 (-7.6%) $613,336 (3.9%) 0.00 168
    2019-05-01 $449,450 (-1.0%) $601,887 (1.6%) 0.00 180
    2019-06-01 $469,000 (-4.1%) $568,783 (-8.9%) 0.00 197
    2019-07-01 $464,450 (-2.2%) $536,785 (-6.1%) 0.00 229
    2019-08-01 $463,805 (3.1%) $528,303 (-2.1%) 0.00 231
    2019-09-01 $456,011 (-0.3%) $524,875 (-4.3%) 0.00 226
    2019-10-01 $449,925 (1.7%) $522,216 (-10.9%) 0.00 218
    2019-11-01 $445,000 (1.7%) $522,360 (-11.5%) 0.00 204
    2019-12-01 $444,750 (-7.3%) $531,469 (-12.4%) 0.00 198
    2020-01-01 $437,950 (-11.3%) $534,988 (-16.0%) 0.00 176
    2020-02-01 $438,000 (-10.6%) $542,080 (-18.0%) 0.00 154
    2020-03-01 $449,875 (-3.5%) $536,583 (-16.3%) 0.00 165
    2020-04-01 $447,500 (3.5%) $525,302 (-14.4%) 0.00 180
    2020-05-01 $438,200 (-2.5%) $513,100 (-14.8%) 0.00 176
    2020-06-01 $438,875 (-6.4%) $515,067 (-9.4%) 0.00 168
    2020-07-01 $447,875 (-3.6%) $526,101 (-2.0%) 0.00 152
    2020-08-01 $458,950 (-1.1%) $528,478 (0.0%) 0.00 127
    2020-09-01 $480,725 (5.4%) $569,333 (8.5%) 0.00 112
    2020-10-01 $470,000 (4.5%) $566,751 (8.5%) 0.00 104
    2020-11-01 $448,000 (0.7%) $534,417 (2.3%) 0.00 106
    2020-12-01 $446,750 (0.5%) $531,749 (0.1%) 0.00 96
    2021-01-01 $444,500 (1.5%) $518,812 (-3.0%) 0.00 92
    2021-02-01 $445,000 (1.6%) $533,430 (-1.6%) 0.00 87
    2021-03-01 $445,000 (-1.1%) $542,957 (1.2%) 0.00 84
    2021-04-01 $445,050 (-0.6%) $554,053 (5.5%) 0.00 76
    2021-05-01 $484,950 (10.7%) $613,940 (19.7%) 0.00 76
    2021-06-01 $543,750 (23.9%) $642,871 (24.8%) 0.00 89
    2021-07-01 $510,492 (14.0%) $613,617 (16.6%) 0.00 109
    2021-08-01 $493,725 (7.6%) $574,290 (8.7%) 0.00 98
    2021-09-01 $503,175 (4.7%) $587,432 (3.2%) 0.00 100
    2021-10-01 $523,650 (11.4%) $655,251 (15.6%) 0.00 107
    2021-11-01 $537,205 (19.9%) $720,150 (34.8%) 0.00 90
    2021-12-01 $514,748 (15.2%) $723,461 (36.1%) 0.00 75
    2022-01-01 $525,000 (18.1%) $744,242 (43.5%) 0.00 64
    2022-02-01 $533,875 (20.0%) $770,534 (44.5%) 0.00 56
    2022-03-01 $510,619 (14.8%) $747,532 (37.7%) 0.00 53
    2022-04-01 $511,312 (14.9%) $659,866 (19.1%) 0.00 56
    2022-05-01 $577,250 (19.0%) $656,786 (7.0%) 0.00 74
    2022-06-01 $578,305 (6.4%) $686,171 (6.7%) 0.00 95
    2022-07-01 $564,000 (10.5%) $627,544 (2.3%) 0.00 106
    2022-08-01 $573,125 (16.1%) $639,984 (11.4%) 0.00 109
    2022-09-01 $579,950 (15.3%) $680,237 (15.8%) 0.00 106
    2022-10-01 $576,766 (10.1%) $711,739 (8.6%) 0.00 101
    2022-11-01 $581,963 (8.3%) $720,621 (0.1%) 0.00 95
    2022-12-01 $588,500 (14.3%) $717,314 (-0.9%) 0.00 91
    2023-01-01 $575,749 (9.7%) $698,686 (-6.1%) 0.00 82
    2023-02-01 $565,001 (5.8%) $667,341 (-13.4%) 0.00 88
    2023-03-01 $581,725 (13.9%) $708,011 (-5.3%) 0.00 81
    2023-04-01 $578,475 (13.1%) $699,986 (6.1%) 0.00 74
    2023-05-01 $589,095 (2.1%) $711,266 (8.3%) 0.00 79
    2023-06-01 $595,345 (3.0%) $705,660 (2.8%) 0.00 93
    2023-07-01 $589,950 (4.6%) $709,656 (13.1%) 0.00 107
    2023-08-01 $599,675 (4.6%) $703,622 (9.9%) 0.00 115
    2023-09-01 $594,000 (2.4%) $695,846 (2.3%) 0.00 116
    2023-10-01 $592,000 (2.6%) $665,715 (-6.5%) 0.00 115
    2023-11-01 $595,750 (2.4%) $690,811 (-4.1%) 0.00 116
    2023-12-01 $599,900 (1.9%) $681,293 (-5.0%) 0.00 113
    2024-01-01 $602,739 (4.7%) $687,478 (-1.6%) 0.00 106
    2024-02-01 $591,728 (4.7%) $691,703 (3.7%) 0.00 90
    2024-03-01 $593,210 (2.0%) $699,522 (-1.2%) 0.00 81
    2024-04-01 $637,950 (10.3%) $708,773 (1.3%) 0.00 102
    2024-05-01 $648,950 (10.2%) $724,830 (1.9%) 0.00 129
    2024-06-01 $649,900 (9.2%) $775,041 (9.8%) 0.00 164
    2024-07-01 $636,225 (7.8%) $780,028 (9.9%) 0.00 183
    2024-08-01 $652,450 (8.8%) $806,798 (14.7%) 0.00 184
    2024-09-01 $653,675 (10.1%) $819,766 (17.8%) 0.00 180
    2024-10-01 $658,725 (11.3%) $863,500 (29.7%) 0.00 176
    CORVALLIS's median listing price for 2024-10-01 was $658,725, a difference of $66,725 (11.3%) versus the prior year and $5,050 versus the prior month.

    CORVALLIS's median listing price comes in at 0% of the national average.

    CORVALLIS's average listing price for 2024-10-01 was $863,500, a difference of $197,785 (29.7%) versus the prior year and $43,734 versus the prior month.

    For the 2024-10-01 period, CORVALLIS had 176 MLS listings, a difference of -4 listings (-2%) versus the prior month and 61 listings (53%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - CORVALLIS (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,259 sqft
    2018-02-01 0 days 2,317 sqft
    2018-03-01 0 days 2,116 sqft
    2018-04-01 0 days 2,324 sqft
    2018-05-01 0 days 2,239 sqft
    2018-06-01 0 days 2,327 sqft
    2018-07-01 0 days 2,327 sqft
    2018-08-01 0 days 2,208 sqft
    2018-09-01 0 days 2,309 sqft
    2018-10-01 0 days 2,201 sqft
    2018-11-01 0 days 2,114 sqft
    2018-12-01 0 days 2,290 sqft
    2019-01-01 0 days 2,334 sqft
    2019-02-01 0 days 2,320 sqft
    2019-03-01 0 days 2,226 sqft
    2019-04-01 0 days 2,106 sqft
    2019-05-01 0 days 2,079 sqft
    2019-06-01 0 days 2,120 sqft
    2019-07-01 0 days 2,150 sqft
    2019-08-01 0 days 2,177 sqft
    2019-09-01 0 days 2,215 sqft
    2019-10-01 0 days 2,268 sqft
    2019-11-01 0 days 2,255 sqft
    2019-12-01 0 days 2,196 sqft
    2020-01-01 0 days 2,145 sqft
    2020-02-01 0 days 2,284 sqft
    2020-03-01 0 days 2,338 sqft
    2020-04-01 0 days 2,296 sqft
    2020-05-01 0 days 2,201 sqft
    2020-06-01 0 days 2,188 sqft
    2020-07-01 0 days 2,101 sqft
    2020-08-01 0 days 2,092 sqft
    2020-09-01 0 days 2,070 sqft
    2020-10-01 0 days 2,046 sqft
    2020-11-01 0 days 2,052 sqft
    2020-12-01 0 days 2,060 sqft
    2021-01-01 0 days 1,940 sqft
    2021-02-01 0 days 1,858 sqft
    2021-03-01 0 days 1,896 sqft
    2021-04-01 0 days 1,868 sqft
    2021-05-01 0 days 2,052 sqft
    2021-06-01 0 days 2,192 sqft
    2021-07-01 0 days 2,054 sqft
    2021-08-01 0 days 1,822 sqft
    2021-09-01 0 days 1,892 sqft
    2021-10-01 0 days 1,963 sqft
    2021-11-01 0 days 2,237 sqft
    2021-12-01 0 days 2,088 sqft
    2022-01-01 0 days 1,971 sqft
    2022-02-01 0 days 2,117 sqft
    2022-03-01 0 days 1,890 sqft
    2022-04-01 0 days 1,872 sqft
    2022-05-01 0 days 2,028 sqft
    2022-06-01 0 days 1,962 sqft
    2022-07-01 0 days 1,850 sqft
    2022-08-01 0 days 1,906 sqft
    2022-09-01 0 days 2,098 sqft
    2022-10-01 0 days 2,061 sqft
    2022-11-01 0 days 2,053 sqft
    2022-12-01 0 days 2,100 sqft
    2023-01-01 0 days 1,971 sqft
    2023-02-01 0 days 1,797 sqft
    2023-03-01 0 days 2,014 sqft
    2023-04-01 0 days 1,898 sqft
    2023-05-01 0 days 2,104 sqft
    2023-06-01 0 days 2,119 sqft
    2023-07-01 0 days 2,031 sqft
    2023-08-01 0 days 2,042 sqft
    2023-09-01 0 days 2,040 sqft
    2023-10-01 0 days 2,118 sqft
    2023-11-01 0 days 2,071 sqft
    2023-12-01 0 days 2,071 sqft
    2024-01-01 0 days 2,070 sqft
    2024-02-01 0 days 2,067 sqft
    2024-03-01 0 days 2,065 sqft
    2024-04-01 0 days 2,092 sqft
    2024-05-01 0 days 2,126 sqft
    2024-06-01 0 days 2,156 sqft
    2024-07-01 0 days 2,122 sqft
    2024-08-01 0 days 2,172 sqft
    2024-09-01 0 days 2,191 sqft
    2024-10-01 0 days 2,302 sqft
    CORVALLIS's median listing age (time on market) for 2024-10-01 was 0 days.

    CORVALLIS's median square footage for active listings during the 2024-10-01 period was 2,302 sqft. One year prior, the average listing was 2,118 sqft.

    CORVALLIS, OR Average Rent (2023)

    Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

    For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
    Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
    97321 Corvallis, OR MSA $900 $980 $1,230 $1,700 $2,000
    97324 Corvallis, OR MSA $900 $960 $1,160 $1,650 $1,960
    97326 Corvallis, OR MSA $1,110 $1,160 $1,430 $2,030 $2,410
    97330 Corvallis, OR MSA $1,040 $1,080 $1,340 $1,900 $2,260
    97331 Corvallis, OR MSA $1,110 $1,160 $1,430 $2,030 $2,410
    97333 Corvallis, OR MSA $1,150 $1,210 $1,490 $2,110 $2,510
    97339 Corvallis, OR MSA $1,110 $1,160 $1,430 $2,030 $2,410
    97361 Corvallis, OR MSA $940 $990 $1,260 $1,790 $2,060
    97370 Corvallis, OR MSA $940 $990 $1,220 $1,730 $2,050
    97448 Corvallis, OR MSA $900 $960 $1,240 $1,760 $2,110
    97456 Corvallis, OR MSA $900 $960 $1,150 $1,630 $1,960

    2022 Average & Median Rent Data Statistics
    CORVALLIS, OR average 1BR rent: $1,055, median: $990
    CORVALLIS, OR average 2BR rent: $1,307, median: $1,260
    CORVALLIS, OR average 3BR rent: $1,851, median: $1,790

    CORVALLIS, OR Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 601 $249,075,000 $414,434
    Home Improvement 180 $21,100,000 $117,222
    Other 169 $19,435,000 $115,000
    Cash Out Refi 105 $53,675,000 $511,190
    Refi 56 $24,040,000 $429,286

    Corvallis's most frequently cited loan purpose was Home Purchase, with 601 originations. The 2nd most popular reason was Home Improvement, with 180 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 364 $149,750,000 $411,401
    Over 8% 307 $43,995,000 $143,306
    7-8% 276 $80,600,000 $292,029
    5-6% 138 $81,270,000 $588,913
    4-5% 13 $4,345,000 $334,231
    3-4% 4 $1,380,000 $345,000

    During 2023, Corvallis's most frequently originated rate bucket was 6-7%, with 364 originations.

    Loan Sizing (CORVALLIS, OR MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 372 $111,670,000 $300,188
    $400k-600k 264 $125,970,000 $477,159
    $100,000 or less 222 $11,920,000 $53,694
    $100k-200k 176 $23,730,000 $134,830
    $600k-1000k 68 $46,440,000 $682,941
    $Over $1MM 9 $47,595,000 $5,288,333

    CORVALLIS's loan sizing saw the bucket of loans from $200k-400k with 372 originations, totaling $111,670,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 284 $127,090,000 $447,500
    Under 20% 273 $20,555,000 $75,293
    60-80% 233 $121,655,000 $522,124
    20-40% 160 $30,550,000 $190,938
    40-60% 140 $56,500,000 $403,571
    Over 100% 8 $4,090,000 $511,250

    CORVALLIS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 284 originations, totaling $127,090,000 in origination value.