CORVALLIS Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Corvallis averaged
6.27%
for the week of 2023-05-25, compared to the national average of
6.57% for the same period.
The average rate for the prior week (2023-05-18) was
5.99% and
one month ago for the week of 2023-04-20, the
average rate was 5.99%.
Corvallis's average rate one year ago was 4.95%.
For refis of the same type during the week of 2023-05-25, the average rate
was 5.54%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-05-25 | 6.57% |
Corvallis 30 Year Fixed Rate | 2023-05-25 | 6.27% |
Corvallis 30 Year Fixed Rate Refi | 2023-05-25 | 5.54% |
Corvallis 15 Year Fixed Rate | 2023-05-25 | 5.97% |
Corvallis 15 Year Fixed Rate Refi | 2023-05-25 | 6.17% |
Corvallis 30 Year FHA | 2023-05-25 | 6.41% |
Corvallis 30 Year FHA Refi | 2023-05-25 | 6.51% |
Corvallis 30 Year USDA | 2023-05-25 | 6.53% |
Corvallis 30 Year USDA Refi | 2023-05-25 | 6.43% |
Corvallis 30 Year VA | 2023-05-25 | 6.41% |
Corvallis 30 Year VA Refi | 2023-05-25 | 6.51% |
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.).
CORVALLIS Average Closing Costs & Other Stats
CORVALLIS, OR's 140 lenders originated 1,968
loans during 2022. The total origination value was $653,380,000, with an average loan value of
$332,002.
CORVALLIS's average closing costs are $5,909.
The top CORVALLIS lender as defined by loan originations is Umpqua Bank, with
76 loans originated. Their average total fees are
$6,533, which is $1,234
lower than the next largest lender,
MORTGAGE EXPRESS, LLC.
The lowest fee CORVALLIS lenders (with over 10 loans originated) are
OREGON COMMUNITY ($1,757), HOME POINT FINANCIAL CORPORATION ($5,242), Oregon State Credit Union ($5,463), Wells Fargo Bank ($5,988) and JPMorgan Chase Bank ($6,326).
The lowest rate CORVALLIS lenders (with over 10 loans originated) are
OREGON COMMUNITY (3.99%), Wells Fargo Bank (4.20%), JPMorgan Chase Bank (4.43%), Sierra Pacific Mortgage Company, Inc. (4.47%) and FIRST TECHNOLOGY (4.51%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
Umpqua Bank | $107,120,000 | $63,650,000 | -40.6% | 9.7% |
Oregon State Credit Union | $33,565,000 | $53,160,000 | 58.4% | 8.1% |
MOVEMENT MORTGAGE, LLC | $58,110,000 | $35,700,000 | -38.6% | 5.5% |
MORTGAGE EXPRESS, LLC | $68,435,000 | $34,455,000 | -49.7% | 5.3% |
QUICKEN LOANS, LLC | $95,245,000 | $27,845,000 | -70.8% | 4.3% |
U.S. Bank | $37,480,000 | $26,145,000 | -30.2% | 4.0% |
CALIBER HOME LOANS, INC. | $40,365,000 | $18,605,000 | -53.9% | 2.8% |
CROSSCOUNTRY MORTGAGE, LLC | $24,530,000 | $16,835,000 | -31.4% | 2.6% |
UNITED WHOLESALE MORTGAGE, LLC | $34,490,000 | $16,045,000 | -53.5% | 2.5% |
FIRST TECHNOLOGY | $20,985,000 | $15,025,000 | -28.4% | 2.3% |
LOANDEPOT.COM, LLC | $38,505,000 | $14,630,000 | -62.0% | 2.2% |
JPMorgan Chase Bank | $49,385,000 | $14,550,000 | -70.5% | 2.2% |
DIRECTORS MORTGAGE, INC. | $27,505,000 | $13,880,000 | -49.5% | 2.1% |
GUILD MORTGAGE COMPANY | $30,650,000 | $13,815,000 | -54.9% | 2.1% |
HOME POINT FINANCIAL CORPORATION | $15,055,000 | $11,185,000 | -25.7% | 1.7% |
KeyBank | $23,875,000 | $11,130,000 | -53.4% | 1.7% |
PACIFIC RESIDENTIAL MORTGAGE, LLC | $24,695,000 | $11,005,000 | -55.4% | 1.7% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $21,350,000 | $9,765,000 | -54.3% | 1.5% |
ACADEMY MORTGAGE CORPORATION | $18,045,000 | $9,550,000 | -47.1% | 1.5% |
Wells Fargo Bank | $27,430,000 | $8,840,000 | -67.8% | 1.4% |
Washington Federal Bank | $21,205,000 | $8,240,000 | -61.1% | 1.3% |
FINANCE OF AMERICA MORTGAGE LLC | $16,665,000 | $7,695,000 | -53.8% | 1.2% |
M&T Realty Capital Corporation | $7,505,000 | n/a | 1.1% | |
OREGON COMMUNITY | $8,965,000 | $6,485,000 | -27.7% | 1.0% |
Sierra Pacific Mortgage Company, Inc. | $7,815,000 | $6,310,000 | -19.3% | 1.0% |
Mortgage Research Center, LLC | $7,595,000 | $5,940,000 | -21.8% | 0.9% |
PENNYMAC LOAN SERVICES, LLC | $26,845,000 | $5,870,000 | -78.1% | 0.9% |
Bank of America | $6,440,000 | $5,775,000 | -10.3% | 0.9% |
AMERISAVE MORTGAGE CORPORATION | $8,750,000 | $5,575,000 | -36.3% | 0.9% |
S1L, Inc. | $12,300,000 | $5,535,000 | -55.0% | 0.8% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $9,200,000 | $5,060,000 | -45.0% | 0.8% |
SUMMIT FUNDING, INC. | $9,060,000 | $5,040,000 | -44.4% | 0.8% |
Mr. Cooper ( Nationstar Mortgage ) | $8,260,000 | $4,575,000 | -44.6% | 0.7% |
MARION AND POLK SCHOOLS CREDIT UNION | $17,235,000 | $4,095,000 | -76.2% | 0.6% |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $5,685,000 | $3,675,000 | -35.4% | 0.6% |
CMG MORTGAGE, INC. | $6,335,000 | $3,595,000 | -43.3% | 0.6% |
OnPoint Community Credit Union | $7,150,000 | $3,560,000 | -50.2% | 0.5% |
BROKER SOLUTIONS, INC. | $8,570,000 | $3,365,000 | -60.7% | 0.5% |
PROVIDENT FUNDING ASSOCIATES, L.P. | $5,970,000 | $3,325,000 | -44.3% | 0.5% |
Flagstar Bank, FSB | $10,860,000 | $2,970,000 | -72.7% | 0.5% |
GENEVA FINANCIAL, LLC | $5,000,000 | $2,780,000 | -44.4% | 0.4% |
CHURCHILL MORTGAGE CORPORATION | $1,365,000 | $2,750,000 | 101.5% | 0.4% |
Northwest Farm Credit Services, FLCA | $1,210,000 | $2,705,000 | 123.6% | 0.4% |
BETTER MORTGAGE CORPORATION | $34,465,000 | $2,685,000 | -92.2% | 0.4% |
EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $4,315,000 | $2,605,000 | -39.6% | 0.4% |
NAVY FEDERAL CREDIT UNION | $5,915,000 | $2,450,000 | -58.6% | 0.4% |
CENTRAL WILLAMETTE Credit Union | $4,080,000 | $2,395,000 | -41.3% | 0.4% |
Hometown Lenders, Inc. | $820,000 | $2,205,000 | 168.9% | 0.3% |
BAY EQUITY LLC | $9,190,000 | $2,200,000 | -76.1% | 0.3% |
Columbia State Bank | $1,925,000 | $2,180,000 | 13.2% | 0.3% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $8,735,000 | $2,140,000 | -75.5% | 0.3% |
NORTHWEST COMMUNITY | $6,650,000 | $2,010,000 | -69.8% | 0.3% |
GUARANTEED RATE, INC. | $2,540,000 | $1,960,000 | -22.8% | 0.3% |
Paramount Residential Mortgage Group, Inc. | $1,530,000 | $1,855,000 | 21.2% | 0.3% |
North American Savings Bank, F.S.B. | $3,020,000 | $1,830,000 | -39.4% | 0.3% |
USAGENCIES | $410,000 | $1,685,000 | 311.0% | 0.3% |
AMERICAN HERITAGE LENDING, INC. | $1,665,000 | n/a | 0.3% | |
NATIONS DIRECT MORTGAGE, LLC | $4,370,000 | $1,665,000 | -61.9% | 0.3% |
PENTAGON FEDERAL CREDIT UNION | $1,690,000 | $1,650,000 | -2.4% | 0.3% |
USAA Federal Savings Bank | $4,005,000 | $1,640,000 | -59.1% | 0.3% |
RED CANOE CREDIT UNION | $1,180,000 | $1,595,000 | 35.2% | 0.2% |
LPMC, LLC | $11,240,000 | $1,510,000 | -86.6% | 0.2% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,225,000 | $1,490,000 | 21.6% | 0.2% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $305,000 | $1,440,000 | 372.1% | 0.2% |
FREEDOM MORTGAGE CORPORATION | $12,245,000 | $1,435,000 | -88.3% | 0.2% |
Willamette Valley Bank | $2,270,000 | $1,390,000 | -38.8% | 0.2% |
AMERICAN FINANCING CORPORATION | $2,005,000 | $1,250,000 | -37.7% | 0.2% |
Stifel Bank and Trust | $1,245,000 | n/a | 0.2% | |
Evolve Bank & Trust | $1,220,000 | n/a | 0.2% | |
FINANCE OF AMERICA REVERSE LLC | $500,000 | $1,205,000 | 141.0% | 0.2% |
PacWest Funding Inc. | $2,595,000 | $1,200,000 | -53.8% | 0.2% |
NEWREZ LLC | $6,705,000 | $1,195,000 | -82.2% | 0.2% |
PNC Bank | $2,520,000 | $1,125,000 | -55.4% | 0.2% |
AMERICAN ADVISORS GROUP | $480,000 | $1,120,000 | 133.3% | 0.2% |
REVERSE MORTGAGE FUNDING LLC | $995,000 | $1,120,000 | 12.6% | 0.2% |
Ally Bank | $7,360,000 | $1,090,000 | -85.2% | 0.2% |
ON Q FINANCIAL, INC. | $385,000 | $1,090,000 | 183.1% | 0.2% |
Charles Schwab Bank, SSB | $785,000 | $1,040,000 | 32.5% | 0.2% |
PLAZA HOME MORTGAGE, INC. | $1,300,000 | $990,000 | -23.8% | 0.2% |
Commerce Home Mortgage, Inc. | $3,395,000 | $970,000 | -71.4% | 0.1% |
The Huntington National Bank | $970,000 | n/a | 0.1% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $3,900,000 | $920,000 | -76.4% | 0.1% |
ROUNDPOINT MORTGAGE SERVICING CORPORATION | $4,485,000 | $920,000 | -79.5% | 0.1% |
LAKEVIEW LOAN SERVICING, LLC | $2,500,000 | $895,000 | -64.2% | 0.1% |
OCMBC, INC. | $890,000 | n/a | 0.1% | |
BNC National Bank | $1,480,000 | $860,000 | -41.9% | 0.1% |
LONGBRIDGE FINANCIAL, LLC | $275,000 | $835,000 | 203.6% | 0.1% |
Third Federal Savings and Loan Association of Cleveland | $1,125,000 | $820,000 | -27.1% | 0.1% |
EMBRACE HOME LOANS, INC. | $865,000 | $810,000 | -6.4% | 0.1% |
NBKC BANK | $3,910,000 | $800,000 | -79.5% | 0.1% |
ATHAS CAPITAL GROUP, INC. | $790,000 | n/a | 0.1% | |
CANOPY MORTGAGE, LLC | $405,000 | $790,000 | 95.1% | 0.1% |
SELCO COMMUNITY | $760,000 | $780,000 | 2.6% | 0.1% |
Nations Lending Corporation | $1,070,000 | $775,000 | -27.6% | 0.1% |
Gateway First Bank | $770,000 | n/a | 0.1% | |
Consolidated Federal Credit Union | $760,000 | n/a | 0.1% | |
MUFG Union Bank | $1,920,000 | $745,000 | -61.2% | 0.1% |
Northpointe Bank | $745,000 | n/a | 0.1% | |
AMERICAN INTERNET MORTGAGE, INC. | $1,665,000 | $740,000 | -55.6% | 0.1% |
1st Security Bank of Washington | $125,000 | $730,000 | 484.0% | 0.1% |
Unitus Community Credit Union | $2,270,000 | $725,000 | -68.1% | 0.1% |
TRIAD FINANCIAL SERVICES, INC. | $360,000 | $710,000 | 97.2% | 0.1% |
BMO Harris Bank | $705,000 | n/a | 0.1% | |
Figure Lending LLC | $435,000 | $705,000 | 62.1% | 0.1% |
The Federal Savings Bank | $1,895,000 | $680,000 | -64.1% | 0.1% |
Washington Trust Bank | $1,035,000 | $670,000 | -35.3% | 0.1% |
ZILLOW HOME LOANS, LLC | $1,505,000 | $670,000 | -55.5% | 0.1% |
Amerifirst Financial, Inc. | $650,000 | n/a | 0.1% | |
Chicago Mortgage Solutions LLC | $2,495,000 | $645,000 | -74.1% | 0.1% |
ENVOY MORTGAGE, LTD | $635,000 | n/a | 0.1% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $660,000 | $630,000 | -4.5% | 0.1% |
Discover Bank | $275,000 | $630,000 | 129.1% | 0.1% |
SUMMIT MORTGAGE CORPORATION | $295,000 | $630,000 | 113.6% | 0.1% |
MANN FINANCIAL INC. | $2,420,000 | $610,000 | -74.8% | 0.1% |
SUN WEST MORTGAGE COMPANY, INC. | $3,590,000 | $610,000 | -83.0% | 0.1% |
HomeStreet Bank | $560,000 | $590,000 | 5.4% | 0.1% |
SPRING EQ, LLC | $840,000 | $580,000 | -31.0% | 0.1% |
TOP FLITE FINANCIAL, INC. | $575,000 | n/a | 0.1% | |
M&T Bank | $550,000 | n/a | 0.1% | |
FBC MORTGAGE, LLC | $545,000 | n/a | 0.1% | |
INTELLILOAN, INC. | $265,000 | $535,000 | 101.9% | 0.1% |
SAMMAMISH MORTGAGE COMPANY | $465,000 | $530,000 | 14.0% | 0.1% |
PREMIER MORTGAGE RESOURCES, L.L.C. | $1,235,000 | $525,000 | -57.5% | 0.1% |
Banner Bank | $1,065,000 | $515,000 | -51.6% | 0.1% |
FIRST CENTENNIAL MORTGAGE CORPORATION | $515,000 | n/a | 0.1% | |
First Interstate Bank | $650,000 | $510,000 | -21.5% | 0.1% |
Bank of the Pacific | $505,000 | n/a | 0.1% | |
Bank of England | $495,000 | n/a | 0.1% | |
Wyndham Capital Mortgage, Inc. | $1,860,000 | $495,000 | -73.4% | 0.1% |
ANDREWS FEDERAL CREDIT UNION | $485,000 | n/a | 0.1% | |
MID AMERICA MORTGAGE, INC. | $620,000 | $475,000 | -23.4% | 0.1% |
NexBank | $475,000 | n/a | 0.1% | |
UNITED MORTGAGE CORP. | $385,000 | $475,000 | 23.4% | 0.1% |
BNY Mellon | $465,000 | n/a | 0.1% | |
Watermark Capital, Inc. | $485,000 | $465,000 | -4.1% | 0.1% |
GoPrime Mortgage, Inc. | $455,000 | n/a | 0.1% | |
UBS Bank USA | $255,000 | $455,000 | 78.4% | 0.1% |
AXIA FINANCIAL, LLC | $6,135,000 | $445,000 | -92.7% | 0.1% |
DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $445,000 | n/a | 0.1% | |
PANORAMA MORTGAGE GROUP, LLC | $445,000 | n/a | 0.1% | |
TruHome Solutions, LLC | $445,000 | n/a | 0.1% | |
Carrington Mortgage Services, LLC | $1,095,000 | $440,000 | -59.8% | 0.1% |
AMCAP MORTGAGE, LTD. | $445,000 | $435,000 | -2.2% | 0.1% |
HSBC BANK USA, NATIONAL ASSOCIATION | $435,000 | n/a | 0.1% | |
PHH Mortgage Corporation | $205,000 | $435,000 | 112.2% | 0.1% |
Toyota Financial Savings Bank | $435,000 | n/a | 0.1% | |
CIBC Bank USA | $425,000 | n/a | 0.1% | |
GSF Mortgage Corporation | $415,000 | n/a | 0.1% | |
ROGUE | $220,000 | $410,000 | 86.4% | 0.1% |
CHERRY CREEK MORTGAGE, LLC | $3,645,000 | $405,000 | -88.9% | 0.1% |
First Mortgage Solutions, LLC | $975,000 | $405,000 | -58.5% | 0.1% |
Citizens Bank | $2,190,000 | $395,000 | -82.0% | 0.1% |
HOMEXPRESS MORTGAGE CORP. | $830,000 | $395,000 | -52.4% | 0.1% |
SECURITY HOME MORTGAGE, LLC. | $395,000 | n/a | 0.1% | |
PRIORITY HOME LENDING, LLC | $385,000 | n/a | 0.1% | |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $3,295,000 | $375,000 | -88.6% | 0.1% |
V.I.P. MORTGAGE, INC. | $1,065,000 | $375,000 | -64.8% | 0.1% |
Raymond James Bank | $465,000 | $370,000 | -20.4% | 0.1% |
ANGEL OAK MORTGAGE SOLUTIONS LLC | $1,405,000 | $365,000 | -74.0% | 0.1% |
The Loan Store, Inc. | $365,000 | n/a | 0.1% | |
WASHINGTON STATE EMPLOYEES Credit Union | $280,000 | $365,000 | 30.4% | 0.1% |
BECKAM FUNDING CORP. | $355,000 | n/a | 0.1% | |
LENDSURE MORTGAGE CORP. | $465,000 | $335,000 | -28.0% | 0.1% |
LHM FINANCIAL CORPORATION | $335,000 | n/a | 0.1% | |
ADVANTIS | $1,570,000 | $325,000 | -79.3% | 0.0% |
Luxury Mortgage Corp. | $325,000 | n/a | 0.0% | |
TWINSTAR | $315,000 | n/a | 0.0% | |
Barrington Bank & Trust Company, N.A. | $305,000 | $305,000 | 0.0% | 0.0% |
First Internet Bank of Indiana | $305,000 | n/a | 0.0% | |
The Central Trust Bank | $305,000 | n/a | 0.0% | |
OPEN MORTGAGE, LLC | $255,000 | $275,000 | 7.8% | 0.0% |
First Guaranty Mortgage Corporation | $590,000 | $265,000 | -55.1% | 0.0% |
PLANET HOME LENDING, LLC | $790,000 | $265,000 | -66.5% | 0.0% |
MIDWEST LOAN SOLUTIONS, INC. | $225,000 | n/a | 0.0% | |
LADERA LENDING, INC. | $700,000 | $205,000 | -70.7% | 0.0% |
Qualstar Credit Union | $185,000 | n/a | 0.0% | |
Gallic & Johnson, LLC | $175,000 | n/a | 0.0% | |
GEORGIA'S OWN | $125,000 | $165,000 | 32.0% | 0.0% |
IDAHO CENTRAL | $165,000 | n/a | 0.0% | |
ONY GLO, INC. | $165,000 | n/a | 0.0% | |
HomeTrust Bank | $155,000 | n/a | 0.0% | |
Zions Bancorporation, N.A. | $145,000 | n/a | 0.0% | |
Bank of the West | $225,000 | $125,000 | -44.4% | 0.0% |
F&A Federal Credit Union | $125,000 | n/a | 0.0% | |
21ST MORTGAGE CORPORATION | $430,000 | $120,000 | -72.1% | 0.0% |
CLEARPATH LENDING | $115,000 | n/a | 0.0% | |
Rivermark Community Credit Union | $1,025,000 | $105,000 | -89.8% | 0.0% |
Goldwater Bank, N.A. | $85,000 | n/a | 0.0% | |
Boeing Employees Credit Union | $730,000 | $75,000 | -89.7% | 0.0% |
FIBRE FEDERAL CREDIT UNION | $75,000 | n/a | 0.0% | |
QUORUM FEDERAL CREDIT UNION | $240,000 | $75,000 | -68.8% | 0.0% |
IAA Credit Union | $45,000 | n/a | 0.0% | |
AFFINITY | $35,000 | n/a | 0.0% | |
Lakeview Community Capital, LLC | $35,000 | n/a | 0.0% | |
PACIFIC CASCADE FEDERAL CREDIT UNION | $15,000 | n/a | 0.0% |
CORVALLIS's top lender by overall market share is Umpqua Bank, with 9.7% market share. In second place, with 8.1%, is Oregon State Credit Union, having originated $53,160,000 in loans. In third place, with 5.5%, is MOVEMENT MORTGAGE, LLC, having originated $35,700,000 in loans. In fourth place, with 5.3%, is MORTGAGE EXPRESS, LLC, having originated $34,455,000 in loans. In fifth place, with 4.3%, is QUICKEN LOANS, LLC, having originated $27,845,000 in loans.
CORVALLIS Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - CORVALLIS (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $449,945 (20.0%) | $573,277 (17.2%) | 0.00 | 124 |
2018-02-01 | $449,675 (19.7%) | $549,255 (12.5%) | 0.00 | 116 |
2018-03-01 | $449,000 (16.5%) | $571,834 (19.4%) | 0.00 | 137 |
2018-04-01 | $464,750 (17.7%) | $589,306 (22.2%) | 0.00 | 151 |
2018-05-01 | $453,345 (13.6%) | $591,650 (22.0%) | 0.00 | 161 |
2018-06-01 | $487,000 (24.1%) | $622,748 (32.1%) | 0.00 | 168 |
2018-07-01 | $467,500 (7.5%) | $570,002 (4.4%) | 0.00 | 174 |
2018-08-01 | $449,250 (4.6%) | $538,109 (-1.9%) | 0.00 | 200 |
2018-09-01 | $450,000 (5.9%) | $546,408 (1.1%) | 0.00 | 192 |
2018-10-01 | $441,625 (1.5%) | $583,575 (12.6%) | 0.00 | 209 |
2018-11-01 | $432,474 (-3.9%) | $588,529 (9.7%) | 0.00 | 203 |
2018-12-01 | $479,900 (6.7%) | $605,482 (14.7%) | 0.00 | 172 |
2019-01-01 | $492,500 (9.5%) | $636,046 (11.0%) | 0.00 | 150 |
2019-02-01 | $489,750 (8.9%) | $660,926 (20.3%) | 0.00 | 147 |
2019-03-01 | $475,000 (5.8%) | $640,664 (12.0%) | 0.00 | 161 |
2019-04-01 | $429,900 (-7.5%) | $610,694 (3.6%) | 0.00 | 169 |
2019-05-01 | $445,725 (-1.7%) | $602,707 (1.9%) | 0.00 | 179 |
2019-06-01 | $469,450 (-3.6%) | $569,369 (-8.6%) | 0.00 | 196 |
2019-07-01 | $464,450 (-0.7%) | $537,180 (-5.8%) | 0.00 | 228 |
2019-08-01 | $469,000 (4.4%) | $533,242 (-0.9%) | 0.00 | 230 |
2019-09-01 | $461,150 (2.5%) | $534,980 (-2.1%) | 0.00 | 212 |
2019-10-01 | $449,925 (1.9%) | $522,216 (-10.5%) | 0.00 | 216 |
2019-11-01 | $445,000 (2.9%) | $522,360 (-11.2%) | 0.00 | 204 |
2019-12-01 | $444,750 (-7.3%) | $531,469 (-12.2%) | 0.00 | 198 |
2020-01-01 | $437,950 (-11.1%) | $534,988 (-15.9%) | 0.00 | 176 |
2020-02-01 | $438,000 (-10.6%) | $542,080 (-18.0%) | 0.00 | 154 |
2020-03-01 | $449,875 (-5.3%) | $536,583 (-16.3%) | 0.00 | 165 |
2020-04-01 | $447,500 (4.1%) | $525,302 (-14.0%) | 0.00 | 180 |
2020-05-01 | $438,200 (-1.7%) | $513,100 (-14.9%) | 0.00 | 176 |
2020-06-01 | $439,000 (-6.5%) | $516,413 (-9.3%) | 0.00 | 166 |
2020-07-01 | $452,363 (-2.6%) | $527,695 (-1.8%) | 0.00 | 150 |
2020-08-01 | $459,425 (-2.0%) | $530,529 (-0.5%) | 0.00 | 126 |
2020-09-01 | $480,725 (4.2%) | $570,027 (6.6%) | 0.00 | 112 |
2020-10-01 | $472,975 (5.1%) | $567,676 (8.7%) | 0.00 | 104 |
2020-11-01 | $446,000 (0.2%) | $535,063 (2.4%) | 0.00 | 105 |
2020-12-01 | $444,500 (-0.1%) | $532,449 (0.2%) | 0.00 | 95 |
2021-01-01 | $440,000 (0.5%) | $518,812 (-3.0%) | 0.00 | 91 |
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 | $484,900 (10.7%) | $611,820 (19.2%) | 0.00 | 76 |
2021-06-01 | $543,750 (23.9%) | $642,871 (24.5%) | 0.00 | 89 |
2021-07-01 | $510,492 (12.9%) | $613,617 (16.3%) | 0.00 | 109 |
2021-08-01 | $494,000 (7.5%) | $574,881 (8.4%) | 0.00 | 98 |
2021-09-01 | $503,175 (4.7%) | $587,432 (3.1%) | 0.00 | 100 |
2021-10-01 | $525,000 (11.0%) | $655,251 (15.4%) | 0.00 | 106 |
2021-11-01 | $544,168 (22.0%) | $724,351 (35.4%) | 0.00 | 89 |
2021-12-01 | $511,625 (15.1%) | $729,294 (37.0%) | 0.00 | 74 |
2022-01-01 | $525,000 (19.3%) | $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%) | $745,736 (37.4%) | 0.00 | 53 |
2022-04-01 | $509,288 (14.4%) | $659,866 (19.1%) | 0.00 | 56 |
2022-05-01 | $578,375 (19.3%) | $657,757 (7.5%) | 0.00 | 73 |
2022-06-01 | $577,884 (6.3%) | $687,676 (7.0%) | 0.00 | 92 |
2022-07-01 | $559,000 (9.5%) | $627,632 (2.3%) | 0.00 | 103 |
2022-08-01 | $567,500 (14.9%) | $639,627 (11.3%) | 0.00 | 107 |
2022-09-01 | $579,500 (15.2%) | $681,006 (15.9%) | 0.00 | 104 |
2022-10-01 | $576,766 (9.9%) | $714,349 (9.0%) | 0.00 | 99 |
2022-11-01 | $582,975 (7.1%) | $725,085 (0.1%) | 0.00 | 92 |
2022-12-01 | $588,500 (15.0%) | $720,361 (-1.2%) | 0.00 | 89 |
2023-01-01 | $575,749 (9.7%) | $698,686 (-6.1%) | 0.00 | 82 |
2023-02-01 | $564,486 (5.7%) | $666,495 (-13.5%) | 0.00 | 88 |
2023-03-01 | $580,713 (13.7%) | $708,620 (-5.0%) | 0.00 | 81 |
2023-04-01 | $578,475 (13.6%) | $699,986 (6.1%) | 0.00 | 74 |
CORVALLIS's median listing price comes in at 0% of the national average.
CORVALLIS's average listing price for 2023-04-01 was $699,986, a difference of $40,120 (6.1%) versus the prior year and $-8,634 versus the prior month.
For the 2023-04-01 period, CORVALLIS had 74 MLS listings, a difference of -7 listings (-9%) versus the prior month and 18 listings (32%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - CORVALLIS (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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 | 2,319 sqft |
2018-05-01 | 0 days | 2,233 sqft |
2018-06-01 | 0 days | 2,317 sqft |
2018-07-01 | 0 days | 2,307 sqft |
2018-08-01 | 0 days | 2,194 sqft |
2018-09-01 | 0 days | 2,301 sqft |
2018-10-01 | 0 days | 2,181 sqft |
2018-11-01 | 0 days | 2,113 sqft |
2018-12-01 | 0 days | 2,224 sqft |
2019-01-01 | 0 days | 2,330 sqft |
2019-02-01 | 0 days | 2,295 sqft |
2019-03-01 | 0 days | 2,254 sqft |
2019-04-01 | 0 days | 2,099 sqft |
2019-05-01 | 0 days | 2,071 sqft |
2019-06-01 | 0 days | 2,116 sqft |
2019-07-01 | 0 days | 2,148 sqft |
2019-08-01 | 0 days | 2,215 sqft |
2019-09-01 | 0 days | 2,256 sqft |
2019-10-01 | 0 days | 2,280 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 | 2,192 sqft |
2020-07-01 | 0 days | 2,101 sqft |
2020-08-01 | 0 days | 2,091 sqft |
2020-09-01 | 0 days | 2,065 sqft |
2020-10-01 | 0 days | 2,059 sqft |
2020-11-01 | 0 days | 2,068 sqft |
2020-12-01 | 0 days | 2,083 sqft |
2021-01-01 | 0 days | 1,958 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 | 2,050 sqft |
2021-06-01 | 0 days | 2,192 sqft |
2021-07-01 | 0 days | 2,054 sqft |
2021-08-01 | 0 days | 1,824 sqft |
2021-09-01 | 0 days | 1,892 sqft |
2021-10-01 | 0 days | 1,969 sqft |
2021-11-01 | 0 days | 2,263 sqft |
2021-12-01 | 0 days | 2,088 sqft |
2022-01-01 | 0 days | 1,963 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 | 1,947 sqft |
2022-07-01 | 0 days | 1,841 sqft |
2022-08-01 | 0 days | 1,871 sqft |
2022-09-01 | 0 days | 2,096 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 |
CORVALLIS's median square footage for active listings during the 2023-04-01 period was 1,898 sqft. One year prior, the average listing was 1,872 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.
Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
---|---|---|---|---|---|---|
97321 | Corvallis, OR | $840 | $930 | $1,140 | $1,600 | $1,900 |
97324 | Corvallis, OR | $840 | $930 | $1,100 | $1,570 | $1,900 |
97326 | Corvallis, OR | $1,000 | $1,060 | $1,270 | $1,800 | $2,170 |
97330 | Corvallis, OR | $960 | $1,020 | $1,220 | $1,730 | $2,090 |
97331 | Corvallis, OR | $1,000 | $1,060 | $1,270 | $1,810 | $2,180 |
97333 | Corvallis, OR | $1,030 | $1,100 | $1,320 | $1,870 | $2,250 |
97339 | Corvallis, OR | $1,000 | $1,060 | $1,270 | $1,800 | $2,170 |
97361 | Corvallis, OR | $840 | $930 | $1,100 | $1,570 | $1,900 |
97370 | Corvallis, OR | $850 | $930 | $1,100 | $1,570 | $1,900 |
97448 | Corvallis, OR | $840 | $930 | $1,160 | $1,650 | $1,980 |
97456 | Corvallis, OR | $840 | $930 | $1,100 | $1,570 | $1,900 |
2022 Average & Median Rent Data Statistics
CORVALLIS, OR average 1BR rent: $989, median: $930
CORVALLIS, OR average 2BR rent: $1,186, median: $1,160
CORVALLIS, OR average 3BR rent: $1,685, median: $1,650
CORVALLIS, OR Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 963 | $410,695,000 | $426,475 |
Cash Out Refi | 337 | $114,795,000 | $340,638 |
Home Improvement | 287 | $35,855,000 | $124,930 |
Refi | 200 | $63,000,000 | $315,000 |
Other | 181 | $29,035,000 | $160,414 |
Corvallis's most frequently cited loan purpose was Home Purchase, with 963 originations. The 2nd most popular reason was Cash Out Refi, with 337 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 577 | $198,985,000 | $344,861 |
5-6% | 447 | $155,225,000 | $347,260 |
4-5% | 431 | $147,585,000 | $342,425 |
6-7% | 213 | $64,755,000 | $304,014 |
2.5-3% | 157 | $43,555,000 | $277,420 |
7-8% | 54 | $14,380,000 | $266,296 |
<2.5% | 47 | $14,025,000 | $298,404 |
Over 8% | 36 | $5,680,000 | $157,778 |
During 2022, Corvallis's most frequently originated rate bucket was 3-4%, with 577 originations.
Loan Sizing (CORVALLIS, OR MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 746 | $224,460,000 | $300,885 |
$400k-600k | 522 | $250,600,000 | $480,077 |
$100k-200k | 326 | $46,720,000 | $143,313 |
$100,000 or less | 253 | $14,885,000 | $58,834 |
$600k-1000k | 107 | $73,895,000 | $690,607 |
$Over $1MM | 14 | $42,820,000 | $3,058,571 |
CORVALLIS's loan sizing saw the bucket of loans from $200k-400k with 746 originations, totaling $224,460,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
60-80% | 531 | $219,675,000 | $413,701 |
80-100% | 519 | $233,335,000 | $449,586 |
Under 20% | 303 | $22,005,000 | $72,624 |
40-60% | 302 | $92,590,000 | $306,589 |
20-40% | 284 | $51,350,000 | $180,810 |
Over 100% | 10 | $5,200,000 | $520,000 |
CORVALLIS's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 531 originations, totaling $219,675,000 in origination value.