Eugene, OR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Eugene Neighborhoods Since 2000




Eugene, OR Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Eugene Housing Market Information

With a population of 163,460, 66,093 total housing units (homes and apartments), and a median house value of $308,049, 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 55.32% of the city's housing units. Other types of housing that are prevalent in Eugene include large apartment complexes or high rise apartments ( 25.31%), duplexes, homes converted to apartments or other small apartment buildings ( 9.71%), and a few row houses and other attached homes ( 6.20%).

The most prevalent building size and type in Eugene are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 46.32% owning and 53.68% renting.

There is a lot of housing in Eugene built from 1970 to 1999 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 between 1940-1969 ( 28.95%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.83%). There's also some housing in Eugene built before 1939 ( 7.70%).

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 1.58%, which ranks in the top 50% nationwide. This equates to an annual average Eugene house appreciation rate of 0.16%.

Appreciation rates are so strong in Eugene that despite a nationwide downturn in the housing market, Eugene real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Eugene appreciation rates continue to be some of the highest in America, at 8.07%, which is higher than appreciation rates in 87.09% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Eugene. Eugene appreciation rates in the latest quarter were at 1.01%, which equates to an annual appreciation rate of 4.11%.

Relative to Oregon, our data show that Eugene's latest annual appreciation rate is lower than 60% 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 2000, to assist you in making the best Eugene real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$308,049

Eugene, OR HOME PRICES

Value Range
> $1,219,000 0.7
$914,001 - $1,219,000 1.3
$609,001 - $914,000 4.4
$488,001 - $609,000 6.2
$365,001 - $488,000 17.0
$244,001 - $365,000 35.1
$122,001 - $244,000 27.3
$61,001 - $122,000 2.7
$0 - $61,000 5.3

High for OR
Very High for Nation

Value Relative to Nation Value Relative to State
15.6451423883745 32.8502415458937

Number Of Homes And Apartments:
66,093

Eugene Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OR*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
72.27% 3.20% 6 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,158 / per month

Homeownership Rate

Homeownership
Owners 46.32
Renters 53.68
Vacant 5.85

Housing Market Details

 

Age of Homes

AGE OF Eugene HOMES
2000 or Newer 14.8
1970 - 1999 48.5
1940 - 1969 28.9
1939 or Older 7.7

Types of Homes

TYPE OF Eugene HOMES
Single-Family 55.3
Townhomes 6.2
Small Apt. Buildings 9.7
Apt. Complexes 25.3
Mobile Homes 3.4
Other 0.1

Home Size

SIZE OF Eugene HOMES
No Bedroom 4.11
1 Bedroom 12.93
2 Bedrooms 28.15
3 Bedrooms 39.07
4 Bedrooms 12.39
5 or more bedrooms 3.35