How much house does $500,000 buy you in Corvallis?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Corvallis?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Corvallis right now. Listings below $500,000 were included if necessary.
3676 Sw 3Rd St, Corvallis, OR 97333
- Price: $499,900
- 6 bedrooms, 2 bathrooms
- Square feet: 2,372
- See 3676 Sw 3Rd St, Corvallis, OR 97333 on Redfin.com
1502 Timothy St, Philomath, OR 97370
- Price: $469,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,100
- See 1502 Timothy St, Philomath, OR 97370 on Redfin.com
760 S 16Th St, Philomath, OR 97370
- Price: $470,000
- 4 bedrooms, 3 bathrooms
- Square feet: 1,913
- See 760 S 16Th St, Philomath, OR 97370 on Redfin.com
622 S 16Th St, Philomath, OR 97370
- Price: $450,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,074
- See 622 S 16Th St, Philomath, OR 97370 on Redfin.com
419 S 15Th St, Philomath, OR 97370
- Price: $399,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,900
- See 419 S 15Th St, Philomath, OR 97370 on Redfin.com
1745 Sw 53Rd St, Corvallis, OR 97333
- Price: $479,000
- 4 bedrooms, 1 bathroom
- Square feet: 1,718
- See 1745 Sw 53Rd St, Corvallis, OR 97333 on Redfin.com
1230 Nw 13Th St, Corvallis, OR 97330
- Price: $440,000
- 4 bedrooms, 1 bathroom
- Square feet: 1,520
- See 1230 Nw 13Th St, Corvallis, OR 97330 on Redfin.com
964 Belden Ln Nw, Albany, OR 97321
- Price: $419,999
- 3 bedrooms, 3 bathrooms
- Square feet: 1,856
- See 964 Belden Ln Nw, Albany, OR 97321 on Redfin.com
443 Geri St Nw, Albany, OR 97321
- Price: $459,900
- 3 bedrooms, 3 bathrooms
- Square feet: 1,740
- See 443 Geri St Nw, Albany, OR 97321 on Redfin.com
807 Quail Glenn Dr, Philomath, OR 97370
- Price: $474,900
- 3 bedrooms, 3 bathrooms
- Square feet: 1,437
- See 807 Quail Glenn Dr, Philomath, OR 97370 on Redfin.com
2641 Crocker Ln Nw, Albany, OR 97321
- Price: $439,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,898
- See 2641 Crocker Ln Nw, Albany, OR 97321 on Redfin.com
1389 Nw Laura Vista Dr, Albany, OR 97321
- Price: $401,100
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,751
- See 1389 Nw Laura Vista Dr, Albany, OR 97321 on Redfin.com
1592 Nw Laura Vista Dr, Albany, OR 97321
- Price: $383,600
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,440
- See 1592 Nw Laura Vista Dr, Albany, OR 97321 on Redfin.com
1385 Nw Laura Vista Dr, Albany, OR 97321
- Price: $381,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,440
- See 1385 Nw Laura Vista Dr, Albany, OR 97321 on Redfin.com
1421 Nw Laura Vista Dr, Albany, OR 97321
- Price: $376,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,440
- See 1421 Nw Laura Vista Dr, Albany, OR 97321 on Redfin.com
31722 Mcloughlin Dr, Philomath, OR 97370
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,664
- See 31722 Mcloughlin Dr, Philomath, OR 97370 on Redfin.com
1004 Nw 34Th St, Corvallis, OR 97330
- Price: $439,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,571
- See 1004 Nw 34Th St, Corvallis, OR 97330 on Redfin.com
223 N 14Th St, Philomath, OR 97370
- Price: $449,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,364
- See 223 N 14Th St, Philomath, OR 97370 on Redfin.com
651 Ne Sherwood Way, Corvallis, OR 97330
- Price: $399,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,327
- See 651 Ne Sherwood Way, Corvallis, OR 97330 on Redfin.com
1583 Nw Forestgreen Ave, Corvallis, OR 97330
- Price: $489,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,163
- See 1583 Nw Forestgreen Ave, Corvallis, OR 97330 on Redfin.com
746 Nw Desert Pine St, Albany, OR 97321
- Price: $395,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,160
- See 746 Nw Desert Pine St, Albany, OR 97321 on Redfin.com
2302 Imperial Dr Nw, Albany, OR 97321
- Price: $425,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,148
- See 2302 Imperial Dr Nw, Albany, OR 97321 on Redfin.com
2635 Ne Seavy Pl, Corvallis, OR 97330
- Price: $475,000
- 3 bedrooms, 1 bathroom
- Square feet: 1,543
- See 2635 Ne Seavy Pl, Corvallis, OR 97330 on Redfin.com
24404 Highway 20, Philomath, OR 97370
- Price: $450,000
- 3 bedrooms, 1 bathroom
- Square feet: 1,393
- See 24404 Highway 20, Philomath, OR 97370 on Redfin.com
1050 Sw Timian St, Corvallis, OR 97333
- Price: $459,500
- 3 bedrooms, 1 bathroom
- Square feet: 1,018
- See 1050 Sw Timian St, Corvallis, OR 97333 on Redfin.com
224 S 24Th St, Philomath, OR 97370
- Price: $400,000
- 3 bedrooms, 1 bathroom
- Square feet: 1,014
- See 224 S 24Th St, Philomath, OR 97370 on Redfin.com
1889 Nw Sunny Ln, Albany, OR 97321
- Price: $419,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,600
- See 1889 Nw Sunny Ln, Albany, OR 97321 on Redfin.com
2814 Nw 29Th St, Corvallis, OR 97330
- Price: $485,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,208
- See 2814 Nw 29Th St, Corvallis, OR 97330 on Redfin.com
720 Sw 5Th St, Corvallis, OR 97333
- Price: $469,999
- 2 bedrooms, 1 bathroom
- Square feet: 1,144
- See 720 Sw 5Th St, Corvallis, OR 97333 on Redfin.com
935 Nw Sycamore Ave, Corvallis, OR 97330
- Price: $384,900
- 2 bedrooms, 1 bathroom
- Square feet: 855
- See 935 Nw Sycamore Ave, Corvallis, OR 97330 on Redfin.com
