Mid-Valley Market Shows Early 2026 Shifts
The early months of 2026 are showing some encouraging shifts across the Mid-Valley housing market. Corvallis, Albany, and Lebanon are each moving in slightly different directions, but together they point to a market that is adjusting in healthy ways and creating opportunities for both buyers and sellers.
In Corvallis, home values remain strong even as inventory rises. The median sales price reached $571,000, a modest increase from the same time last year. At the same time, active listings climbed to 148 homes, an increase of nearly 46 percent year over year. This gives buyers more choices than they have seen in quite some time while still supporting stable pricing.
Homes in Corvallis are taking slightly longer to sell, with a median of 70 days on market, but sellers are still receiving about 99 percent of their asking price. The rise in new listings combined with steady pricing suggests a resilient market where well positioned homes continue to attract serious buyers.
Albany is seeing a different shift, with inventory growing while prices adjust slightly. The median sales price sits around $410,000, reflecting a modest seasonal decrease. New listings jumped significantly, bringing the total number of homes on the market to 205 and giving buyers a much wider range of options.
Homes in Albany are spending a bit more time on the market, averaging around 89 days. Even with this adjustment, sellers are still receiving about 99 percent of their list price. With inventory levels moving toward a more balanced range, the market is creating opportunities for buyers who may have felt squeezed during the last few years.
Lebanon is showing the most momentum in the region. Closed sales increased more than 40 percent month over month, and the number of homes on the market rose sharply as well. Despite the surge in activity, the median sales price has remained relatively stable at about $385,000.
Homes in Lebanon are also selling faster than they were a year ago, with days on market dropping significantly. Sellers are seeing strong results, receiving a slightly higher percentage of their list price compared with last year. The combination of increased activity, stable pricing, and faster sales makes Lebanon one of the more dynamic markets in the Mid-Valley right now.
Across the region, these trends suggest a market that is gradually rebalancing. Buyers are beginning to see more options, while sellers are still benefiting from stable pricing and steady demand.
For anyone watching the Willamette Valley housing market, the early signals of 2026 point toward a year of healthy movement and opportunity.
If you are thinking about buying, selling, or investing in the region, reach out anytime! Understanding how these local trends are evolving can help you make smarter decisions and position yourself for success in today’s market.
