Is Eugene, OR 97403 a buyer’s or seller’s market?

The Eugene housing market right now

In the three months ending August 31, 2026, 22% of homes in Eugene, OR 97403 sold above their list price, the typical home went under contract in 17 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 24 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold faster (28 days then) and the median sale price rose 16% to $728,685. Overall, Eugene is less competitive than a year ago, which gives buyers more room.

Within Lane County, homes here sell faster than in 77% of the county’s ZIP codes, and sell more often over asking than in 55%. On our competition score, Eugene ranks #75 of 170 OR ZIP codes with enough sales (score 54 out of 100).

Nearby, buyers who want less competition could look at Westlake 97493 (0% sold over asking) or Westfir 97492 (0% sold over asking), while Blachly 97412 (100% sold over asking) and Elmira 97437 (50% sold over asking) are even more competitive.