Cities with the most expensive homes in the Corvallis metro area
Cities with the most expensive homes in the Corvallis metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $365,887 in April, 0.7% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 15, the 30-year fixed mortgage rate sits at 6.81%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Corvallis metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 5 cities and towns with data available were included in the list.

#5. Adair Village, OR
- Typical home value: $430,847
- 1-year price change: -0.1%
- 5-year price change: +37.9%

#4. Alsea, OR
- Typical home value: $463,103
- 1-year price change: +2.1%
- 5-year price change: +30.8%

#3. Philomath, OR
- Typical home value: $520,399
- 1-year price change: +0.9%
- 5-year price change: +41.8%

#2. Corvallis, OR
- Typical home value: $563,978
- 1-year price change: +1.2%
- 5-year price change: +37.9%

#1. Monroe, OR
- Typical home value: $565,234
- 1-year price change: +0.1%
- 5-year price change: +44.1%