Eugene appreciation rates and housing market information

Eugene housing market information

With a population of 137,799, 61,332 total housing units (homes and apartments), and a median house value of $290,354, Eugene real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Eugene, accounting for 53.59% of the city's housing units. Other types of housing that are prevalent in Eugene include large apartment complexes or high rise apartments (24.93%), duplexes, homes converted to apartments, or other small apartment buildings (9.58%), row houses and other attached homes (6.54%), and a few mobile homes or trailers (5.30%).

People in Eugene primarily live in small (one, two, or no bedroom) single-family detached homes. Eugene has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Eugene built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Eugene built from 1940-1969 (37.08%). A lesser amount of the housing stock also hails from 1995 and later (14.01%), and some were built from 1939 and earlier (14.01%).

Eugene home appreciation rates

Appreciation rates for homes in Eugene have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 95.11%, which ranks in the top 30% nationwide. This equates to an annual average Eugene house appreciation rate of 9.51%.

Over the last year, Eugene appreciation rates have trailed the rest of the nation. In the last twelve months, Eugene's appreciation rate has been -2.65%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Eugene were at -0.71%, which equates to an annual appreciation rate of -2.84%.

Notably, Eugene's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Oregon, our data show that Eugene's latest annual appreciation rate is higher than 51% of the other cities and towns in Oregon.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Eugene differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Eugene - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Eugene real estate investment or home purchase decisions.