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EUGENE, OR 97408

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

Market Overview

Active Listings
36
⇩ 18.2% vs 44 last year
Pending
8
22% pending ratio
Median Price
$697,000
⇩ 3.2% vs $719,925 last year
Average Price
$888,741
⇩ 17.3% vs $1,074,919 last year
Days on Market
74
⇧ 39.6% vs 53 days last year

Market Context

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

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

Market Analysis

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

The EUGENE, OR real estate market (97408) currently shows 36 active listings, with 8 pending sales. Homes are averaging 74 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 74 days on market compared to 53 days last year.

The median listing price has fallen 3.2% year-over-year, from $719,925 to $697,000.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 36 this year vs 44 last year
  • Days on market: 74 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $697,000 (-3.2% YoY)
  • Average: $888,741 (-17.3% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.6 miles — 456 listings ($298,580,026 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97408Eugene, OR 974080.0 mi36$31,994,676$697,000$888,741
97401Eugene, OR 974015.4 mi72$47,259,648$589,000$656,384
97403Eugene, OR 974037.5 mi28$21,573,944$709,950$770,498
97402Eugene, OR 9740210.8 mi121$60,126,836$389,900$496,916
97448Junction City, OR 9744812.0 mi30$17,547,780$489,000$584,926
97405Eugene, OR 9740514.2 mi118$82,680,358$560,734$700,681
97426Creswell, OR 9742616.7 mi26$17,863,378$584,000$687,053
97437Elmira, OR 9743716.8 mi3$1,408,500$469,500$469,500
97419Cheshire, OR 9741917.6 mi4$2,260,000$577,500$565,000
97456Monroe, OR 9745620.2 mi7$6,881,000$849,000$983,000
97489Walterville, OR 9748921.7 mi3$1,658,991$475,000$552,997
97377Shedd, OR 9737722.2 mi3$3,750,000$1,250,000$1,250,000
97438Fall Creek, OR 9743823.6 mi5$3,574,915$750,000$714,983

Frequently Asked Questions

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

As of January 2026, there are 36 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 $697,000 as of January 2026, a 3.2% decrease from $719,925 the prior year.

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

Homes in EUGENE, OR 97408 spend an average of 74 days on the market before going under contract, compared to 53 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 January 2026, EUGENE, OR 97408 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 74 days on market compared to 53 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 $13,940 compared to a typical 5% commission on the median listing price of $697,000. 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.