Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$452,797+1.0% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 31% have cut their price
Income needed to buy, per year$98,157About 1.3× the local median income ($73,137): a stretch for a typical household
Days on market68 daysAbout the same pace as a year ago
Next 12 months+0.3%Zillow expects prices to stay about flat
The typical home in Eugene-Springfield, OR is worth $452,797, up 1.0% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $435,151, so the area is 4.1% overvalued. It is a buyer's market: homes take about 68 days to sell, listings are up 11% from a year ago, 31% of listings have had a price cut. Zillow expects prices to rise about 0.3% over the next year. A household needs about $98,157 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $73,137. Typical rent is $1,771 a month, or $2,146 for a house. In the latest IRS figures, 66 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$452,797
Change in 1 year
+1.0%
Overvalued %
+4.1%
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Fair home value
$435,151
Change in 5 years
+11.7%
Zillow forecast, next 12 months
+0.3%
Home value to income
6.2×
Monthly mortgage payment (20% down)
$2,454
Income needed to afford it
$98,157
Property tax rate
0.82%
Rent and investing
Typical rent
$1,771
Typical rent for houses
$2,146
Price-to-rent ratio
21.3×
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HUD Fair Market Rent, 2 bedrooms
$1,546
Gross rental yield
4.69%
Cap rate (estimate)
3.05%
Market activity
Listings vs a year ago
+10.8%
Days on market
68
Listings with a price cut
31.4%
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Homes for sale
1,050
Pending sales per 100 listings
30
Asking price per sq ft
$304
People and jobs
Median household income
$73,137
Population change (1 year)
−0.1%
Unemployment rate
6.4%
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Population
381,584
Income adjusted for cost of living
$71,985
Net moves in (IRS)
−66
Cost of living (US = 100)
101.6
Schools, risk and environment
School rating (1 to 10)
5.4
FEMA hazard risk score (0 to 100)
96.4
Unhealthy air days a year
6
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Flood risk score
97.2
Wildfire risk score
68.7
Walkability (1 to 20)
11.5
Road, rail and air noise
54 dB
Questions people ask
Is Eugene-Springfield, OR overvalued?
Home prices in Eugene-Springfield, OR are slightly above what local incomes have historically supported: fair value is about $435,151, so the area is 4.1% overvalued.
Is Eugene-Springfield, OR a buyer's or seller's market?
Eugene-Springfield, OR is a buyer's market: homes take about 68 days to sell, listings are up 11% from a year ago, 31% of listings have had a price cut.
Are home prices going down in Eugene-Springfield, OR?
Home values in Eugene-Springfield, OR are up 1.0% over the last year. Zillow's forecast for the next 12 months is +0.3%.
How much do you need to earn to buy a home in Eugene-Springfield, OR?
A household needs about $98,157 a year to afford the typical home in Eugene-Springfield, OR at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $73,137.