BACK NEXT
7. Corvallis, OR
Corvallis
Home price forecast (1 year):* 4.1%
Corvallis is a college town, home to the 150-year-old Oregon State University, one of the area's major employers and a stable source of jobs. The steady supply of college-educated residents has attracted high-paying jobs in the tech, pharmaceutical and health care industries. Unemployment of 7.1% is low and the median household income is high at $68,000.

Homes have kept their values well, falling only 6.3% from their peak. That has set the stage for the city to resume its steady growth and a 4.1% price gain is projected in 2010.
Is this a good time to buy a home in Corvallis?
Population:
(2006)
79,061
Median family income:
(2008)
$68,000
Median home price:
(2009)
N/A
Affordability index:
(Median home price/family income 2009)
N/A
Prices peaked in: 2008:Q1
Total climb during the boom:
(2000 to peak)
70.6%
Total decline so far:
(Peak through 2009)
-6.3%
One-year change:
(Q4 2008 to Q4 2009)
-4.4%
Additional price change to bottom: N/A
When they'll hit bottom: 2009:Q4
*(Q1 2010 - Q1 2011)
† Data is for Corvallis, OR Metropolitan Statistical Area
Notes:
Median home prices are for single-family homes through the third quarter of 2009, the most recent data available, and include sales of bank-owned properties.
Sources: Fiserv and Moody's Economy.com
Click map to enlarge
Show: Homes for sale | Top 25 drops | Top 25 gains
More places in Oregon
  • Find Homes for sale
    Real estate and homes for sale on Trulia

  • Property Type
  • Find a home in:
  • New York | Atlanta | Chicago | Los Angeles
  • Washington D.C | Houston | Philadelphia | More options
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.