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Amazon Churchill Crest Drive Far West Friendly Area Laurel Hill Valley South University Southeast

EUGENE, OR 97405

Real Estate Market Report
Buyer's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 97405

Amazon · Churchill · Crest Drive · Far West · Friendly Area · Laurel Hill Valley · South University · Southeast

Market Analysis

Data as of September 2026. Source: Realtor.com.

The EUGENE, OR real estate market (97405) currently shows 198 active listings, with 55 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 65 days on market compared to 60 days last year.

The median listing price has risen 7.9% year-over-year, from $599,450 to $647,000.

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Market Context

Market Context

Population: 46,695  ·  Density: 139.6/mi²  ·  Median household income: $86,613

Typical home value: $458,024  ·  Homeownership: 70.1%

Market Overview

Active Listings
198
⇧ 2.6% vs 193 last year
Pending
55
28% pending ratio
Median Price
$647,000
⇧ 7.9% vs $599,450 last year
Average Price
$743,734
⇧ 3.8% vs $716,507 last year
Days on Market
65
⇧ 8.3% vs 60 days last year

Price Per Square Foot

Median $/sqft
$295
⇩ 2.3% vs $302/sqft last year
Median Home Size
2,449 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 198 this year vs 193 last year
  • Days on market: 65 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $647,000 (+7.9% YoY)
  • Average: $743,734 (+3.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.7 miles — 471 listings ($302,212,014 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97405Eugene, OR 974050.0 mi126$84,115,836$560,234$667,586
97426Creswell, OR 974267.8 mi31$20,494,255$572,125$661,105
97401Eugene, OR 974018.9 mi74$46,958,624$572,450$634,576
97477Springfield, OR 9747710.5 mi83$40,099,956$437,475$483,132
97487Veneta, OR 9748711.6 mi28$16,085,104$505,000$574,468
97408Eugene, OR 9740814.2 mi43$35,729,775$674,250$830,925
97424Cottage Grove, OR 9742415.4 mi63$38,216,997$528,225$606,619
97431Dexter, OR 9743118.4 mi4$3,982,000$395,500$995,500
97461Noti, OR 9746118.8 mi4$1,838,668$465,000$459,667
97419Cheshire, OR 9741919.5 mi5$2,439,900$570,000$487,980
97452Lowell, OR 9745222.7 mi4$3,529,800$895,000$882,450
97499Yoncalla, OR 9749925.1 mi3$5,271,099$2,275,000$1,757,033
97412Blachly, OR 9741225.7 mi3$3,450,000$1,150,000$1,150,000

Frequently Asked Questions

How many homes are for sale in EUGENE, OR 97405?

As of September 2026, there are 198 active listings in EUGENE, OR (zip code 97405), compared to 193 the prior year.

What is the median home price in EUGENE, OR 97405?

The median listing price in EUGENE, OR 97405 is $647,000 as of September 2026, a 7.9% increase from $599,450 the prior year.

How long do homes stay on the market in EUGENE, OR?

Homes in EUGENE, OR 97405 spend an average of 65 days on the market before going under contract, compared to 60 days the prior year.

Is it a seller's or buyer's market in EUGENE, OR 97405?

Based on current inventory and days-on-market data as of September 2026, EUGENE, OR 97405 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 65 days on market compared to 60 days last year.

How much can I save on real estate commission in EUGENE, OR?

With SELL123.com's maximum 3% commission, sellers in EUGENE, OR 97405 save an estimated $12,940 compared to a typical 5% commission on the median listing price of $647,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.