Market Overview
Home Prices in Eugene, OR
The median home value in Eugene, OR is $484,308 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0% compared to a year ago and up 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Eugene are priced18% above average. Eugene is part of the Eugene-Springfield, OR metro area.
Over the past five years, Eugene home values have risen by approximately14.5%, reflecting steady appreciation in this market.
Price History
Eugene Home Price Trend
City Comparison
Eugene vs. National Median
At $484,308, homes in Eugene cost 18% above the national median of $410,000. Buyers in Eugene should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Eugene?
20% Down Payment
$96,862
on $484,308
Monthly P&I
$2,526/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,208/mo
incl. taxes & insurance
Income Needed
$128,320
gross annual (30% rule)
10% Down Option
$48,431
+ PMI applies
Loan Amount (20% dn)
$387,446
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Eugene, OR?
The median home value in Eugene is $484,308 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0% year-over-year.
How much have home prices changed in Eugene?
Over the past year, home values in Eugene have increased by 0%. Over five years, prices have risen approximately 14.5%.
How much do I need to earn to buy a home in Eugene?
To comfortably afford the median home price of $484,308 with a 20% down payment ($96,862) at today's rates (6.8%), you'd need a gross annual income of approximately $128,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Eugene compare to the national average home price?
The national median home value is approximately $410,000. At $484,308, homes in Eugene are 18% above the national average.
What metro area is Eugene part of?
Eugene is part of the Eugene-Springfield, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.