$3,384 Closing Credit*
$285,000
1,096 SqFt
2 Beds
•1 Full Bath
Beckie Page, Listing Office: Harcourts West Real Estate
Is Eugene, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Eugene has remained a Seller's Market.
Key Takeaway
Eugene is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eugene, OR
How much do homes in Eugene, OR cost?
Median Sold Price
$482,750
$301/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,323(+0.9%)
Key Takeaway
Homes in Eugene have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Eugene was $482,750 in November 2024, up 0.9% from last year, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $273.7K | $311K | +13.6% |
| 2 Bedrooms | $353.4K | $354.5K | 0.3% |
| 3 Bedrooms | $455K | $467.3K | +2.7% |
| 4 Bedrooms | $610K | $603.5K | -1.1% |
| 5+ Bedrooms | $694K | $705K | +1.6% |
Summary: Eugene housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.6%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 1.6%.
Median Sold Price Compared To Nearby Cities
| Springfield | $415K | $425K | +2.4% |
| Eugene | $478.4K | $482.7K | +0.9% |
| Eugene-Springfield | $450K | $451.9K | 0.4% |
Housing Supply in Eugene, OR
How many homes are available in Eugene, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 692 | 614 | -11.3% |
Summary: The Eugene real estate market had 614 homes for sale in November 2024, a 11.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 7 | -12.5% |
| 2 Bedrooms | 96 | 84 | -12.5% |
| 3 Bedrooms | 342 | 306 | -10.5% |
| 4 Bedrooms | 191 | 168 | -12.0% |
| 5+ Bedrooms | 55 | 49 | -10.9% |
Summary: The Eugene housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 10.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 143 | 137 | -4.2% |
Asking Price vs. Sold Price
62 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
42 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eugene, you may be able to get a good deal. 45.3% of homes here sold below asking price last month.
Summary: A total of 137 homes were sold or pending in Eugene in November 2024, down by 4.2% month-over-month. Of the 137 sold homes, 45% were sold under asking, 24% were sold at asking, and 31% were sold over asking.
Days on Market for Eugene, OR
How long does it take to sell a home in Eugene, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 51 Days | +37.0% |
Summary: Homes in Eugene had an average of 51 days on market in Nov 2024, up by 37% compared to last year.
Breakdown of Home Sale Times
69 Homes Were Sold
Under 30 Days
33 Homes Were Sold
In 30 - 90 Days
35 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eugene are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 137 homes were sold in Eugene; 50% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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