97370 — Philomath, OR Home Values
Typical home value $531,672 as of June 2026 · 5th of 7 in Corvallis, OR
Blue: typical home value (Zillow ZHVI) in ZIP code 97370, June 2021 to June 2026. This page shows observed data only; no forecast.
How 97370 compares in the Corvallis, OR area
ZIP code 97370 (Philomath, OR) has a typical home value of $531,672 as of June 2026, ranking 5th of 7 ZIP codes tracked in the Corvallis, OR area, more expensive than about 43% of ZIP codes in the metro. Prices here have moved -0.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +19.8%, from $443,664 in June 2021 to $531,672 in June 2026. Against observed rent, the typical home here sells for 24.2× the annual rent ($1,831/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Corvallis, OR forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Corvallis.
Population and demographics
ZIP code 97370 has a population of 9,443, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 85.9% White, 5.9% Hispanic or Latino, 5% two or more races, 1.1% American Indian or Alaska Native, 1% Asian, 0.6% another race, 0.4% Native Hawaiian or Pacific Islander, and 0.2% Black or African American.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Blodgett Elementary School | 35177 Tum Tum Rd, Blodgett, OR | 3.2 mi |
| Philomath Elementary School | 239 S 16th St, Philomath, OR | 5.9 mi |
| Clemens Primary School | 535 S 19th St, Philomath, OR | 6.1 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 97370?
$531,672 as of June 2026, the latest month Zillow has published observed data for.
Is 97370 an expensive ZIP code in the Corvallis, OR area?
97370 ranks 5th of 7 ZIP codes in the Corvallis, OR area by typical home value, more expensive than about 43% of ZIP codes in the metro.
How much have home values in 97370 changed over the past year?
-0.4% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 97370?
The typical home price is 24.2× the observed annual rent in this ZIP code ($1,831/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 97370?
9,443, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 97370?
Blodgett Elementary School (3.2 mi), Philomath Elementary School (5.9 mi), Clemens Primary School (6.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 97370?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Corvallis, OR forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.