Last Updated August 3, 2023
Over the summer, sale prices in Eugene have ping-ponged between a median of $450,000 and $480,000. We’re back up to $480,000, even with inventory increasing slightly and properties spending a bit longer on the market.
We’ve say this a lot, but here it is again: Eugene is still very much a low-inventory market. Plenty of buyers are willing and able to pay the premium to buy a home here, even with mortgage rates increasing as much as they have. Buyer activity is now on somewhat of an upward trend, while listing activity is on a downward trend, an indication that Eugene’s market is unlikely to become less competitive in the fall.
Further reading
When Will the Housing Market Crash (and Housing Prices Drop) in Oregon?
Eugene Seller’s Agents: How to Know Who’s Best for You
The Ultimate Bend, Oregon Relocation Guide
Eugene Oregon Relocation: The Ultimate Guide
Best Places to Live in Oregon: Bend vs. Eugene
Tips for First-Time Home Buyers in Oregon
Looking to Retire in Bend, Oregon? Here’s What to Consider.
Looking to Retire in Eugene, Oregon? Here’s What to Consider.
Best Neighborhoods in Bend Oregon: Our Definitive List
Best Neighborhoods in Eugene Oregon: Our Definitive List