Home prices are largely starting to normalize across the country, but remain high even as the number of homes for sale continues to decline.
Record-high mortgage rates are keeping homes largely unaffordable for most buyers. Even a percentage point increase can increase a monthly mortgage payment by more than $100.
That’s causing potential homeowners to expand their searches outside costly urban cores, especially when they can work from home.
Stacker examined data from Realtor.com’s Cross-Market Demand Report to see where people in Corvallis are looking to buy homes. View share is based on page views of active listings during the third quarter of 2023 on Realtor.com. It does not include international viewers.
Continue reading to see where people in Corvallis are shopping for their next house.
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#10. Grants Pass, Oregon
– Makes up 1.1% of all page views
Nate Hovee // Shutterstock
#9. Phoenix, Arizona
– Makes up 1.1% of all page views
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#8. Medford, Oregon
– Makes up 1.3% of all page views
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#7. Sacramento, California
– Makes up 1.5% of all page views
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#6. Bend, Oregon
– Makes up 3.0% of all page views
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#5. Eugene, Oregon
– Makes up 5.2% of all page views
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#4. Newport, Oregon
– Makes up 5.7% of all page views
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#3. Salem, Oregon
– Makes up 8.6% of all page views
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#2. Albany, Oregon
– Makes up 12.7% of all page views
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#1. Portland, Oregon
– Makes up 21.1% of all page views
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 313 metros.
Stacker
Stacker is a news organization that produces and distributes data journalism to the world’s news organizations. Founded in 2017, Stacker combines data analysis with rich editorial context, drawing on authoritative sources and subject matter experts to drive storytelling. This article has been republished pursuant to a CC BY-NC 4.0 License.