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, plays a huge role for buyers.
The typical home value in the United States was $365,545 in March, 0.8% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 16, the sits at 6.3%.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.
compiled a list of cities with the most expensive homes in the Corvallis metro area using data from . 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: $426,421
- 1-year price change: -1.0%
- 5-year price change: +22.4%
#4. Alsea, OR
- Typical home value: $465,660
- 1-year price change: -1.2%
- 5-year price change: +15.1%
#3. Philomath, OR
- Typical home value: $518,378
- 1-year price change: -0.3%
- 5-year price change: +26.5%
#2. Corvallis, OR
- Typical home value: $555,988
- 1-year price change: -0.2%
- 5-year price change: +26.7%
#1. Monroe, OR
- Typical home value: $568,301
- 1-year price change: +1.6%
- 5-year price change: +28.0%