Eugene, Oregon.
Typical home $471,485 (+0.9% in a year), asking rent $1,795 (+2.0%). Eugene-Springfield, OR metro.
to buy the typical home at today's mortgage rate — +$1,271 (+106%) since Jan 2020.
- 1 year
- Up $4,216 +1%
- $467,269$471,485 since Sep 2025
- 5 years
- Up $50,511 +12%
- $420,974$471,485 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Eugene$2,475
- Oregon$2,586
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 31 years.
Typical home values in Eugene, OR rose 0.9% over the past year — slower than the nation's +1.2%.
Asking rents in Eugene, OR rose 2.0% over the past year — slower than the nation's +2.7%.
Owning the typical home in Eugene runs $1,507/mo more than renting one. The gap peaked at $1,731 in Oct 2023.
That is $3,302 a month against $1,795 rent: a $2,475 mortgage payment, plus $323 property tax and $505 insurance & upkeep.
Owning vs renting — Eugene
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,302
- Renting$1,795
- Mortgage only$2,475
Property tax · $323/mo 0.82% of value a year — the ACS 2020-2024 median bill over the median home value for Lane County, OR
Insurance & upkeep · $505/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Eugene, Lane County, Oregon
Eugene is a city of 176,654 people in Lane County. Half its households earn more than $66,562 a year and half less, against $71,544 across Lane County; 19% of its people live below the poverty line. 48% of its homes are lived in by their owners and 52% are rented. Unemployment in Eugene was 5.1% in August 2026, and Lane County had 0.3% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Eugene is the largest city in Lane County, and its residents are younger on the whole than in many American towns. More homes here are rented than owned, and household incomes run a little below the county's, while a larger share of adults hold a four-year degree than in most places. Winters are cool and wet, summers are warm, and the year brings a fair amount of rain.
Work. Most residents work in schools, hospitals and social care, followed by shops, professional and business services, and restaurants, hotels and entertainment. Among the largest workplaces in Eugene are the Eugene School District, the Eugene Water and Electric Board and Costco Wholesale. Commutes are short, and a good number of people work from home.
Things to do. Hayward Field, one of the best known stadiums in the city, sits in or beside town, as does Alton Baker Park, a place for walking and time outdoors. The Jordan Schnitzer Museum of Art is also in or beside town for those who prefer a quieter afternoon. A short drive away, the McKenzie River offers a river setting beyond the city.
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- 76,822households
- 45%of adults have a degree
- 19%below the poverty line
- 18 mintypical commute
- 17%work from home
What residents work in
Employed residents by industry, from the Census survey. Lane County had 156,948 jobs in 2025, 0.3% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 47° and lows near 34°; warmest in August, with highs near 84° and lows near 52°. About 41 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Eugene Mahlon Sweet Airport weather station, 7 miles away (NOAA).
Largest workplaces in Eugene
- Eugene SD 4JSchool district2,078FTE
- New Horizons - Oregon North - EugeneCompanion services for disabled persons, the elderly, and persons diagnosed with intellectual and developmental disabilities797
- Bethel SD 52School district759FTE
- Eugene Water and Electric BoardElectric power distribution systems578
- Costco WholesaleWholesale grocer436
- WalmartWarehouse clubs and supercenters401
- Veterans Health AdministrationFederal government · Department of Veterans Affairs360
- PakTechManufacturing254
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 163 workplaces with 20 or more staff, 15,414 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and federal offices from OPM's federal workforce data (2026); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Earthquakesrelatively high in parts of EugeneRelatively moderate
- Inland floodingrelatively high in parts of EugeneRelatively moderate
- Heat wavesRelatively moderate
- LightningRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Eugene’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Lane County and the Eugene-Springfield, OR metro.
Eugene home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Eugene$471,485
- Oregon$492,753
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Eugene listings, and the typical home goes pending in 16 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Eugene32.88%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Eugene16
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Eugene587
New listings per month
Sellers arriving at the market.
- Eugene193
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Eugene$472,893
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Eugene99.66%
Zip codes with a Eugene address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Eugene — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Eugene
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 97402 | Eugene | 53,823 | $1,794 | $397,791 |
| 97401 | Eugene | 49,437 | $1,638 | $512,218 |
| 97405 | Eugene | 46,933 | $1,939 | $526,344 |
| 97404 | Eugene | 34,244 | $1,963 | $437,361 |
| 97408 | Eugene | 15,420 | $2,031 | $608,768 |
| 97403 | Eugene | 15,355 | $1,861 | $604,538 |