Eugene-Springfield Metro Area, OR Housing

The housing market in Eugene, OR Metro Area is booming. The median value of a home in the area is well above the US median at $416,200 while the US median stands at $338,100. Also, the one-year house appreciation rate in Eugene is higher than the national average rate of 8.27%, coming in at 9.26%. This shows that buying a home in this area can be a wise investment for any potential homeowner. With such high levels of appreciation and demand, it's no wonder why more and more people are interested in living in this great metropolitan area.

The median home cost in Eugene-Springfield Metro Area is $416,200. Home appreciation the last 10 years has been 126.6%. Home Appreciation in Eugene-Springfield Metro Area is up 13.1%.

Average Age of Homes

- The median age of Eugene-Springfield Metro Area real estate is 42 years old

The Rental Market in Eugene-Springfield Metro Area

- Renters make up 37.8% of the Eugene-Springfield Metro Area population
- 0.9% of houses and apartments in Eugene-Springfield Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Eugene-Springfield, Oregon	United States
	165,271.0	139,647,020.0
	44	42
	$416,200	$338,100
	13.1%	16.6%
	67.4%	57.0%
	126.6%	101.1%
	$9.70	$10.98
	$2,947	$2,690
	56.5%	57.4%
	4.9%	11.2%
	38.6%	31.4%
Vacant Housing
	0.9%	1.9%
	0.4%	0.4%
	0.3%	0.7%
	0.2%	0.4%
	1.7%	3.6%
	1.4%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	2.7%	2.4%
	1.2%	2.8%
	0.8%	3.9%
	0.8%	4.5%
	3.2%	11.3%
	8.1%	13.0%
	29.5%	20.1%
	22.5%	13.6%
	12.1%	8.3%
	11.5%	9.7%
	3.2%	3.9%
	1.1%	2.2%
	0.1%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	11.7%	13.6%
	11.7%	13.6%
	15.2%	13.6%
	9.4%	13.2%
	21.7%	14.8%
	15.2%	13.6%
	9.0%	10.0%
	6.8%	4.7%
	6.7%	12.2%

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