Market Intelligence · OR / Eugene

Eugene, OR 97405 Housing Market

The typical home value in Eugene, OR 97405 is $540,579, up 1.0% over the past year as of 2026-07-01. Sellers are listing at a median list price of $645,000, and homes are spending a median of 58 days on the market as of 2026-08-01.

Updated August 2026Median value$533K

The median home value in Eugene, OR 97405 is $533K as of August 2026, up 1.3% 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 97405 range

$490K to $576K

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 97405 over the last 12 months: $526K in Aug 2025 to $533K in Aug 2026 (+1.3%).

Aug 2025$526K

Aug 2026$533K

The numbers

What is the 97405 housing market like?

Typical home value

$533K

Up1.3%YoY

Median list price

$645K

Down3.2%MoM

Days on market

58

Up16.0%MoM

Homes for sale

158

Up9.7%MoM

Price cuts

41.2%

Up15.1%MoM

New listings

60

Down9.1%MoM

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

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The comparison

How do 97405 home prices compare?

  • 97405$532,876
  • 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 158 homes for sale in 97405 as of 2026-08-01, with 60 new listings coming on the market. The median list price of $645,000 sits well above the typical home value of $540,579, and values are up 1.0% over the past year. Notably, 41.2% of listings had a price cut, and homes took a median of 58 days to sell. For a seller, the picture is mixed: values are holding up, but buyers are negotiating, so pricing accurately from the start matters more than testing the top of the market.

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