Market Intelligence · OR / Eugene

Eugene, OR 97401 Housing Market

The typical home in Eugene's 97401 ZIP is worth $521,967, up 0.3% over the past year as of 2026-07-01. Sellers are listing at a median of $589,000, and homes are spending a median of 58 days on the market as of 2026-08-01.

Updated August 2026Median value$515K

The median home value in Eugene, OR 97401 is $515K as of August 2026, up 0.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 97401 range

$474K to $556K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.7% over 12 months

Typical home value in 97401 over the last 12 months: $511K in Aug 2025 to $515K in Aug 2026 (+0.7%).

Aug 2025$511K

Aug 2026$515K

The numbers

What is the 97401 housing market like?

Typical home value

$515K

Up0.7%YoY

Median list price

$589K

Down1.8%MoM

Days on market

58

Up5.5%MoM

Homes for sale

71

Down5.3%MoM

Price cuts

27.9%

Down4.0%MoM

New listings

40

Up25.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 97401 home prices compare?

  • 97401$515,203
  • Eugene$524,040
  • Oregon$458,140
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Eugene: 6 ZIPs; Oregon: 339 ZIPs; United States: 26,265 ZIPs).

Context

There were 71 homes for sale in 97401 as of 2026-08-01, with 40 new listings hitting the market. The median list price was $589,000, and the median days on market was 58. Meanwhile, 27.9% of listings had a price cut, which suggests buyers are pushing back on some asking prices. The typical home value of $521,967 is up only 0.3% over the past year, so values are essentially flat. For a seller, that means pricing realistically matters more than aiming high and hoping for quick appreciation.

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20% · $103,041

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