Backup offers
$9,013 Closing Credit¹
#30038110, Ashley L Boshea, Listing Office: Rise Realty Montana
Corvallis Housing Market Report January 2025•Ravalli County, Montana
Housing Prices in Corvallis, MT
How much do homes in Corvallis, MT cost?
Housing Market Conditions
Is Corvallis, MT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Corvallis is a Buyer's Market
Difference Since January 2024
At the same time last year, Corvallis was a Seller's Market.
Insight
Corvallis is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$603,000$341/SqFt
-$118,604
-16.4%
Based on all homes sold in the last 12 months
Insight
Homes in Corvallis have sold for 16.4% less than they did a year ago.
Summary: The median home sold price in Corvallis was $603,000 in January 2025, down 16.4% from last year, and the median price per square foot was $341.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Hamilton | $501.2K | $499.5K | -0.3% |
| Corvallis | $721.6K | $603K | -16.4% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $292.5K | N/A |
| 22 Bedrooms | $485K | $488.1K | +0.6% |
| 33 Bedrooms | $660K | $589.5K | -10.7% |
| 44 Bedrooms | $940K | $872K | -7.2% |
| 55+ Bedrooms | $1.0M | $1.7M | +59.6% |
Summary: Corvallis housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +0.6%. The home price for 3 bedroom homes decreased by -10.7%. The home price for 4 bedroom homes decreased by -7.2%. The home price for 5 bedroom homes increased by +59.6%.
Housing supply in Corvallis, MT
How many homes are available in Corvallis, MT?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 30Last MonthJan 2025 | ||
| 312 months agoDec 2024 | -3.2 % Change MoMDec – Jan |
Summary: The Corvallis real estate market had 30 homes for sale in Jan 2025, a 3.2 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthJan 2025 | ||
| 42 months agoDec 2024 | -50.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 33 Bedrooms | 17 | 15 | -11.8% |
| 44 Bedrooms | 4 | 5 | +25.0% |
| 55+ Bedrooms | 5 | 5 | 0.0% |
| 11 Bedroom | 2 | 2 | 0.0% |
| 22 Bedrooms | 3 | 3 | 0.0% |
Summary: Corvallis housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 3 bedroom homes decreased by -11.8%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Corvallis, MT cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Corvallis, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Corvallis in January 2025, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.
Days on Market for Corvallis, MT
How long does it take to sell a home in Corvallis, MT?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Many homes in Corvallis are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 2 homes were sold in Corvallis; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 83 DaysThis YearJan 2025 | ||
| 117 Days1 year agoJan 2024 | -29.1 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Corvallis had an average listing age of 83 days in Jan 2025, down by 29.1% compared to the previous year.
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Newest Listings in Corvallis, MT
What homes are available in Corvallis, MT?
#30039419, Naomi Gary, Listing Office: Berkshire Hathaway HomeServices - Hamilton
$8,016 Closing Credit¹
#30039154, Latasha Nixon, Listing Office: Flying Hawkes Real Estate
$10,000 Closing Credit¹
#30039221, Roger E Gantz, Listing Office: Windermere Hamilton
#30039143, Kiana Carter, Listing Office: Engel & Völkers Western Frontier - Hamilton
$10,000 Closing Credit¹
#30039104, Heather Lupton, Listing Office: REAL Broker
$10,000 Closing Credit¹
#30036856, Jani Summers, Listing Office: Engel & Völkers Western Frontier - Hamilton
Video tour
$9,856 Closing Credit¹
#30038029, Laurie C Jones, Listing Office: Kelly Right Real Estate of MT - Bitterroot
$7,719 Closing Credit¹
#30036311, Robert M Pauley, Listing Office: Windermere Hamilton
3D tour
$10,000 Closing Credit¹
#30036252, Cindi Hayne, Listing Office: Glacier Sotheby's International Realty Hamilton
$8,301 Closing Credit¹
#30035486, Shelley Cole, Listing Office: Berkshire Hathaway HomeServices - Hamilton
$5,332 Closing Credit¹
#30035290, Kim Lendman, Kelli Lutz, Listing Office: Exit Realty Bitterroot Valley North
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MLS Disclaimers and Copyright
Based on information from Montana Regional MLS, for the period 02/01/2023 - 02/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2025 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.