Eugene - OR housing market
The Eugene metro has a typical home value of $455,431, up 0.9% from a year ago. Homes are moving fast at 16 days on market, a strong seller's market. 29% of listings have had a price cut. Data from Zillow Research, updated monthly.
Eugene housing market, October 2026
The typical Eugene home is worth $455,431 as of August 2026, up 0.2% from the prior month, up 0.4% over three months, and up 0.9% from a year ago. Over the past two years values have ranged from $450,692 to $456,672.
Homes are going pending in about 16 days, slower than the 11 days seen three months earlier. There are roughly 1,243 homes for sale, 0% more than a year ago. 29.1% of listings have taken a price cut (up from 22.7% three months ago).
Typical rent is $1,766 a month, up 2.7% year over year, which puts the price-to-rent ratio at 21.5.
At this week's 7.40% mortgage rate with 20% down ($91,086), the typical Eugene home costs about $3,092 a month including tax and insurance, which needs a household income of roughly $132,500 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →
How to read this data
The typical home value ($455,431) is the Zillow Home Value Index for the Eugene - OR metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 0.9% over the past year. In Eugene - OR, that means a home worth $451,369 last year is now worth roughly $455,431.
The median sale price, what homes actually close for, is $454,554. Homes are selling at 99.7% of list price, meaning buyers have room to negotiate.
Homes listed in Eugene - OR sit on the market for roughly 16 days before going pending. Shorter = seller's market; longer = buyer's market.
About 29.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 412 new listings hit the market each month in Eugene - OR. There are currently 1,243 homes for sale, up 0.4% from a year ago.
The typical monthly rent in Eugene - OR is $1,766, up 2.7% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 21.5x, renting territory (#31 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $2,523 a month in principal and interest, $757 more than renting before taxes, insurance and upkeep. The two break even at a 4.13% rate.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →
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Other metros in OR
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Portland - OR | $542,843 | -0.4% | 20.0d |
| Salem - OR | $449,621 | +0.5% | 28.0d |