Corvallis, OR home prices
Typical home $553,196 · +0.3% in a year · income needed $158,300
The Corvallis, OR metro area ranks 56 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +0.3% in a year and +17.5% over five years. With 20% down at 7.11%, the typical home costs about $3,693 a month including 0.95% property tax (Benton County rate).
Mortgage on the typical Corvallis home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $110,639 | $442,557 | $2,977 | $0 | $715 | $3,693 | $158,300 |
| 10% down | $55,320 | $497,877 | $3,349 | $207 | $715 | $4,272 | $183,100 |
| 5% down | $27,660 | $525,536 | $3,535 | $219 | $715 | $4,470 | $191,600 |
| 3.5% down (FHA) | $19,362 | $543,176 | $3,654 | $245 | $715 | $4,614 | $197,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.95% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Corvallis area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Benton County, OR | $553,203 | +0.3% | 0.95% |
What can you afford in Oregon on your salary? · Oregon home prices · Salaries in Oregon
Frequently asked questions
How much is a house in Corvallis?
The typical home in the Corvallis, OR metro area is worth $553,196 (Zillow, September 2026).
What salary do you need to buy a house in Corvallis?
About $158,300 a year for the typical home with 20% down at 7.11%.