Call or Text (240) SELL-123
Cal Young

EUGENE, OR 97408

Real Estate Market Report  ·  Lane County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 97408

Cal Young

Market Analysis

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

The EUGENE, OR real estate market (97408) currently shows 45 active listings, with 19 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 46 days on market compared to 58 days last year.

The median listing price has risen 9.6% year-over-year, from $659,000 to $722,175.

Whether you are buying or selling in EUGENE, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for EUGENE, OR 97408 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 14,767  ·  Density: 114.6/mi²  ·  Median household income: $95,674

Typical home value: $479,844  ·  Homeownership: 59.6%

Market Overview

Active Listings
45
⇧ 2.3% vs 44 last year
Pending
19
42% pending ratio
Median Price
$722,175
⇧ 9.6% vs $659,000 last year
Average Price
$902,389
⇩ 2.7% vs $927,282 last year
Days on Market
46
⇩ 20.7% vs 58 days last year

Price Per Square Foot

Median $/sqft
$330
⇧ 2.2% vs $323/sqft last year
Median Home Size
2,360 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 45 this year vs 44 last year
  • Days on market: 46 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $722,175 (+9.6% YoY)
  • Average: $902,389 (-2.7% 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 23.6 miles — 479 listings ($303,295,301 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97408Eugene, OR 974080.0 mi43$35,729,775$674,250$830,925
97401Eugene, OR 974015.4 mi74$46,958,624$572,450$634,576
97403Eugene, OR 974037.5 mi26$18,331,768$668,675$705,068
97402Eugene, OR 9740210.8 mi122$61,588,772$407,500$504,826
97448Junction City, OR 9744812.0 mi28$17,121,244$537,400$611,473
97405Eugene, OR 9740514.2 mi126$84,115,836$560,234$667,586
97426Creswell, OR 9742616.7 mi31$20,494,255$572,125$661,105
97437Elmira, OR 9743716.8 mi2$578,000$289,000$289,000
97419Cheshire, OR 9741917.6 mi5$2,439,900$570,000$487,980
97456Monroe, OR 9745620.2 mi11$7,996,945$735,000$726,995
97489Walterville, OR 9748921.7 mi3$1,618,452$475,000$539,484
97377Shedd, OR 9737722.2 mi3$3,750,000$1,250,000$1,250,000
97438Fall Creek, OR 9743823.6 mi5$2,571,730$458,750$514,346

Frequently Asked Questions

How many homes are for sale in EUGENE, OR 97408?

As of March 2026, there are 45 active listings in EUGENE, OR (zip code 97408), compared to 44 the prior year.

What is the median home price in EUGENE, OR 97408?

The median listing price in EUGENE, OR 97408 is $722,175 as of March 2026, a 9.6% increase from $659,000 the prior year.

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

Homes in EUGENE, OR 97408 spend an average of 46 days on the market before going under contract, compared to 58 days the prior year.

Is it a seller's or buyer's market in EUGENE, OR 97408?

Based on current inventory and days-on-market data as of March 2026, EUGENE, OR 97408 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 46 days on market compared to 58 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 97408 save an estimated $14,444 compared to a typical 5% commission on the median listing price of $722,175. 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.