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Market Intelligence · OR / Eugene

Eugene, OR 97403 Housing Market

The typical home value in Eugene, OR 97403 is $604,538, up 1.3% over the past year as of September 2026. The median list price is $628,450, and homes are taking a median of 74 days to sell.

Updated September 2026Median value$605K

The median home value in Eugene, OR 97403 is $605K as of September 2026, up 1.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 97403 range

$556K to $653K

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

+1.3% over 12 months

Typical home value in 97403 over the last 12 months: $597K in Sep 2025 to $605K in Sep 2026 (+1.3%).

Sep 2025$597K

Sep 2026$605K

The numbers

What is the 97403 housing market like?

Typical home value

$605K

Up1.3%YoY

Median list price

$628K

Down13.2%MoM

Days on market

74

Up12.1%MoM

Homes for sale

32

Up6.7%MoM

Price cuts

29.1%

Down27.3%MoM

New listings

4

Down66.7%MoM

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

The outlook

97403 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 97403 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 97403 rose 1.3%, per the Zillow Home Value Index.

Will home prices drop in 97403?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 97403 to stay roughly flat by September 2027 (up 0.1%), after a 1.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 97403 home prices compare?

  • 97403$604,538
  • Eugene$519,281
  • Oregon$456,438
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Eugene: 6 ZIPs; Oregon: 339 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, Eugene, OR 97403 has 32 homes for sale, with only 4 new listings added. The median list price sits at $628,450, slightly above the typical home value of $604,538, which is up 1.3% over the past year. Homes are spending a median of 74 days on market, and 29.1% of listings have taken a price cut. That points to a market where buyers have room to negotiate and overpriced homes are being corrected. Sellers should price carefully from the start, because listings that miss the mark are sitting and getting reduced.

Monthly payment

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20% · $120,908

Common questions

What people ask us.

How much is a home in 97403 worth?

The typical home value in Eugene, OR 97403 is $604,538 as of September 2026, up 1.3% over the past year.

How long does it take to sell a home in 97403?

Homes are spending a median of 74 days on market as of September 2026. With 32 homes for sale and 4 new listings, buyers have a reasonable amount to choose from.

Are sellers cutting prices in 97403?

Yes, 29.1% of listings had a price cut as of September 2026. The median list price is $628,450, so some sellers are adjusting to meet the market.

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