Corbett, Oregon.
Typical home $641,519 (+0.9% in a year). Portland-Vancouver-Hillsboro, OR-WA metro.
to buy the typical home at today's mortgage rate — +$1,647 (+96%) since Jan 2020.
- 1 year
- Up $5,849 +1%
- $635,671$641,519 since Sep 2025
- 5 years
- Up $34,095 +6%
- $607,425$641,519 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Corbett$3,367
- Oregon$2,586
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 63 years.
Typical home values in Corbett, OR rose 0.9% over the past year — slower than the nation's +1.2%.
Living in Corbett, Multnomah County, Oregon
The Census does not count Corbett on its own, so the figures here are Multnomah County's. Half the county's households earn more than $88,766 a year and half less; 13% of the county's people live below the poverty line. 53% of the county's homes are lived in by their owners and 47% are rented. Unemployment in Multnomah County was 5.1% in August 2026, and the county had 0.9% fewer jobs in 2025 than the year before. The most people in Multnomah County work in schools and health care, then professional services.
Written by AI Claude Haiku 5.5 wrote this on 22 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Corbett is a community in Multnomah County, Oregon, in the hills east of Portland, close to the Columbia River Gorge. Its winters are cool and wet, with little snow, while its summers are warm and dry. Across Multnomah County, most homes are lived in by their owners, and home values are high.
Work. Many residents work in schools, hospitals and social care, or in professional and business services, with retail and manufacturing also employing people. The county's unemployment rate is a little lower than it was a year earlier, though the number of jobs dipped slightly over the last year. A substantial share of adults hold a four-year degree, and many people work from home, so commutes are moderate rather than long.
Things to do. Multnomah Falls, a waterfall, is a short drive away and is one of the best-known places nearby. Latourell Falls, another waterfall, is also a short drive away. Mill Ends Park, a small garden, and the Portland Art Museum are a longer drive away, and both are worth a visit if you want something in the city.
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- 349,803households
- 38.7median age
- 49%of adults have a degree
- 13%below the poverty line
- 24 mintypical commute
- 26%work from home
What people in Multnomah County work in
Employed residents by industry, from the Census survey. Multnomah County had 494,307 jobs in 2025, 0.9% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 43° and lows near 35°; warmest in August, with highs near 78° and lows near 54°. About 3 inches of snow and 79 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Headworks Portland Wtr B weather station, 4 miles away (NOAA).
Largest workplaces in Multnomah County
- OHSU Main CampusMedical schools21,961
- Portland SD 1JSchool district11,558FTE
- Oregon Health & Science UniversityUniversity or college11,147
- Ohsu Hospital and ClinicsGeneral hospital9,686FTE
- Legacy Emanuel Hospital & Health CTRGeneral hospital3,981FTE
- AmazonGeneral warehousing and storage3,685
- Portland State UniversityUniversity or college3,071
- Veterans Health AdministrationFederal government · Department of Veterans Affairs2,730
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 901 workplaces with 20 or more staff, 149,587 people in all. School districts come from the Common Core of Data (NCES, 2023–24), colleges from IPEDS (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and federal offices from OPM's federal workforce data (2026); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- EarthquakesRelatively high
- Heat wavesRelatively high
- Inland floodingRelatively high
- Ice stormsRelatively high
- Cold wavesRelatively high
- Winter weatherRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Multnomah County, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Multnomah County and the Portland-Vancouver-Hillsboro, OR-WA metro.
Corbett home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Corbett$641,519
- Oregon$492,753
- United States$366,157
Sellers are cutting prices on about 1 in 5 Corbett listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Corbett19
New listings per month
Sellers arriving at the market.
- Corbett7
Zip codes with a Corbett address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Corbett — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.