Market Intelligence · OR / Eugene

Eugene, OR 97404 Housing Market

As of September 2026, the typical home value in this Eugene area is $437,361, up 1.1% over the past year. The median list price is $493,725, and homes have a median of 44 days on market. That points to modest annual change rather than a sharp swing.

Updated September 2026Median value$437K

The median home value in Eugene, OR 97404 is $437K as of September 2026, up 1.1% 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.

Sell without the wait

Sell your Eugene home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 97404 range

$402K to $472K

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 97404 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Eugene, OR.

12-month value trend

+1.1% over 12 months

Sep 2025$433K

Low $433KHigh $437K

Sep 2026$437K

The numbers

What is the 97404 housing market like?

As of September 2026

Typical home value

$437K

1.1%YoY

Median list price

$494K

1.8%MoM

Days on market

29.4%MoM

Homes for sale

1.6%MoM

Price cuts

46.0%

76.1%MoM

New listings

35.0%MoM

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

The outlook

97404 housing market forecast 2027

+0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 97404 to stay roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in 97404 rose 1.1%, per the Zillow Home Value Index.

Will home prices drop in 97404?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 97404 to stay roughly flat by September 2027 (up 0.2%), after a 1.1% 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.

Free home value report

See what your 97404 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 97404 home prices compare?

97404$437,361
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

Sellers are working with 60 homes for sale and 26 new listings as of September 2026. The $493,725 median list price sits above the $437,361 typical home value, which suggests asking prices often start higher than the broader market value. A 46.0% share of listings with a price cut reinforces that many owners are adjusting after testing higher numbers, while the 44 day median on market shows sales still happen without being instant. Values are up 1.1% over the past year. The practical lesson is to price from evidence, not optimism.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $87,472

Term

Rate (%)

Common questions

What people ask us.

How much is a home in this Eugene market worth?

As of September 2026, the typical home value is $437,361, up 1.1% over the past year.

What are sellers asking right now?

The median list price is $493,725 as of September 2026, and 46.0% of listings have a price cut.

How fast are homes selling?

The median days on market is 44 as of September 2026, with 60 homes for sale and 26 new listings.

Discover

Nearby ZIP markets.

Keep reading