Cornelius, OR housing market
The typical Cornelius home is worth about $476,000, down 2.7% in a year, close to the Oregon typical home. Homes typically sell in 51 days, close to asking.
Home values, sales, trends and how Cornelius compares with the towns next door — updated as new data is published.
Cornelius at a glance
A seller's market
Supply is tight — about 2.8 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Cornelius | Oregon |
|---|---|---|
| 2017 | $307,000 | $313,000 |
| 2018 | $338,000 | $337,000 |
| 2019 | $359,000 | $354,000 |
| 2020 | $373,000 | $369,000 |
| 2021 | $411,000 | $411,000 |
| 2022 | $478,000 | $480,000 |
| 2023 | $491,000 | $490,000 |
| 2024 | $491,000 | $495,000 |
| 2025 | $499,000 | $504,000 |
| 2026 | $488,000 | $500,000 |
| August 2026 | $476,000 | $496,000 |
88 new homes permitted in 2025
Builders were permitted 88 new homes in Cornelius in 2025: 86 single-family houses and 2 in buildings with two or more homes, worth about $29.8 million to build. That's 6.2 per 1,000 residents, faster than across Oregon (3.8). Over the past 10 years, Cornelius has permitted 1,316 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Cornelius gained 825 residents while 232 new homes were permitted: about 3.6 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Oregon: 2.6 new residents per new home.
How Cornelius ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 24 | 24 | 0 | $9.7 million |
| 2025 | 88 | 86 | 2 | $29.8 million |
| 2024 | 89 | 89 | 0 | $28.7 million |
| 2023 | 79 | 79 | 0 | $24.5 million |
| 2022 | 236 | 116 | 120 | $50.6 million |
| 2021 | 363 | 344 | 19 | $87.7 million |
| 2020 | 246 | 246 | 0 | $66 million |
| 2019 | 129 | 121 | 8 | $32.2 million |
| 2018 | 36 | 34 | 2 | $8 million |
| 2017 | 47 | 2 | 45 | $4.6 million |
| 2016 | 3 | 3 | 0 | $792,000 |
| 2015 | 2 | 2 | 0 | $470,000 |
| 2014 | 2 | 2 | 0 | $452,000 |
| 2013 | 3 | 3 | 0 | $643,000 |
| 2012 | 2 | 2 | 0 | $341,000 |
| 2011 | 1 | 1 | 0 | $211,000 |
| 2010 | 7 | 7 | 0 | $1.1 million |
| 2009 | 11 | 11 | 0 | $1.7 million |
| 2008 | 17 | 17 | 0 | $3.7 million |
| 2007 | 27 | 27 | 0 | $7.8 million |
| 2006 | 52 | 52 | 0 | $15.4 million |
| 2005 | 120 | 117 | 3 | $29.1 million |
| 2004 | 128 | 75 | 53 | $18.1 million |
| 2003 | 43 | 43 | 0 | $8.1 million |
| 2002 | 92 | 78 | 14 | $14.5 million |
| 2001 | 24 | 7 | 17 | $2.5 million |
| 2000 | 14 | 14 | 0 | $1.3 million |
How Cornelius ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Cornelius and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Cornelius | $476K | −2.7% | $1,810 | 88 | $96,273 |
| Forest Grove | $520K | −1.3% | $1,800 | 135 | $87,933 |
4.9 years of income
The typical Cornelius home costs about 4.9 years of the town's median household income, less than across Oregon (6 years).
How Cornelius ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,810
HUD's Fair Market Rent for a two-bedroom in Cornelius is $1,810 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Cornelius pay a median of $1,573, so moving in tends to cost more than staying put. A two-bedroom takes about 23% of the town's median household income.
Studio $1,480 · 4 bedrooms $2,910
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (97113; Portland-Vancouver-Hillsboro, OR-WA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.