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Home values, rents and more in Philomath, OR

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$522,000
Metro: $553,000 · U.S.: $366,000
Home values, past year
+0.6%
Metro: +0.3% · U.S.: +1.2%
Typical rent
$1,974/mo
Metro: $1,811 · U.S.: $1,932
Population
5,642
ACS 2020–24
Median household income
$83,672
Metro: $77,702 · U.S.: $80,734
ZIP codes around Philomath, OR, shaded by typical home valuePhilomath
  • Under $530k
  • $530k–$540k
  • $540k–$550k
  • $550k+
  • No data
ZIP codes around Philomath, OR, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Philomath is outlined.

How Philomath compares

The typical home in Philomath, OR is worth about $522,000, according to the Zillow Home Value Index for September 2026. Home values in Philomath are 6% below the typical value in the Corvallis metro area ($553,000) and 43% above the U.S. typical value ($366,000).

Over the past year, home values in Philomath rose 0.6%, compared with +0.3% in the Corvallis metro area and +1.2% nationally.

Typical rent is $1,974 a month (Zillow Observed Rent Index), 9% above the Corvallis metro area ($1,811) and about the same as the U.S. ($1,932).

The median household income is $83,672, against $77,702 in the Corvallis metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 5,642 people live in Philomath (American Community Survey 2020–24).

Philomath has the 3rd-lowest typical home value of the 6 cities in the Corvallis metro area and the 66th-highest of 252 in Oregon with Zillow figures.

Part of: Benton County, OR · Corvallis metro area · Oregon

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Philomath, OR

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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