The housing market in Eugene, OR (97401) is performing slightly below the national average, with a median value of $487,000 compared to the US house median value of $338,100. The US 1 year house appreciation rate is 8.27%, while Eugene's was 8.24%. Despite not quite matching up to the national rates of appreciation, Eugene's real estate market remains strong and competitive, and is definitely worth considering if you are looking for an affordable place to buy a home.
The median home cost in Eugene (zip 97401) is $487,000. Home appreciation the last 10 years has been 126.6%. Home Appreciation in Eugene (zip 97401) is up 13.1%.
Average Age of Homes
- The median age of Eugene (zip 97401) real estate is 39 years old
The Rental Market in Eugene (zip 97401)
- Renters make up 62.1% of the Eugene (zip 97401) population
- 1.6% of houses and apartments in Eugene (zip 97401), 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.