At the end of the day it is desireability and that is based on what most people want, fast access to amenities, dowtown and established neighborhoods. All that you find in North Town.
My husband and I looked at houses in north Corvallis that were more expensive and in much worse shape than we ended up finding in Southtown. The reason we were told? Southtown has a reputation as being racially and economically diverse. But we bought a terrific house in a quiet neighborhood, we can walk to the park and downtown, no issues with college kids... it's great. We don't have kids so schools aren't an issue, but if we did, we'd want them to go to the dual immersion elementary down the street.
Christine Hauser CRS SRES
Lic'd Oregon Broker