The answer
As of median sale, last three months, all home types, Redfin puts Eugene’s median sale at $497,000 — down 1.2% from the same period last year. Zillow’s typical home value (ZHVI) is $482,062 as of July 31, 2026, up 0.4% year over year. Those are not the same house. 97405 does not behave like 97402. Jon Burke will pull the last three solds on your street. We do not invent an MLS zip extract.
Median sale by zip — Redfin, three months ending July 2026
| Zip | Median sale | Days on market | What it actually is |
|---|---|---|---|
| 97405 | $584,870 | 9 days | South Hills, Amazon, a lot of what people mean by south Eugene — not one product |
| 97402 | $398,911 | 21 days | Bethel / west Eugene. This median includes manufactured inventory. A stick-built ranch is not this number. |
| 97408 | $810,320 | 23 days | Cal Young north, Coburg Hills, some estate. Forty-eight sales in the window — treat the +29% year-over-year as noise. |
| 97477 | $433,903 | 14 days | Springfield, not Eugene. Value fork that still keeps a metro job. |
Redfin zip housing-market pages, retrieved September 2026, data window July 2026. Redfin zip medians are all home types for the three months ending July 2026. They are not an appraisal, and they mix condos, manufactured, and estates. Your street is a solds file. City page: https://www.redfin.com/city/6142/OR/Eugene/housing-market. ZHVI: https://www.zillow.com/home-values/38438/eugene-or/.
Why the headline numbers disagree
A median sale is the middle house that actually closed. A Zillow Home Value Index is a modeled “typical” house, sold or not. Redfin’s Eugene median sat near $497,000 over the three months ending July 2026. Zillow’s ZHVI was $482,062 on July 31, 2026; their median sale print was $489,900 on June 30, 2026. Local MLS averages run higher because luxury sales pull the mean. If a page quotes one number and calls it “your home,” it is selling a dashboard.
The zip is the market
97405’s Redfin median in that window was about $585,000 with homes moving in roughly nine days. 97402 printed about $399,000 and twenty-one days — and that median includes manufactured product. 97408 printed about $810,000 on forty-eight sales; the year-over-year jump is not a forecast. Springfield 97477 sat near $434,000. Cal Young, Santa Clara, Florence, and anything over a million are not in those four rows. That is why a city median is a rumor.
What it means if you sell this month
Well-priced, photographable houses still move. Overpriced theater sits, then the days-on-market number becomes a stain. Redfin’s city clock is about 14 days; that is not a ridgeline estate and it is not a tenant-occupied duplex. Pair this page with how long to sell and seller closing costs. Jon prices the luxury file. Samantha stages so the first week is the one that counts.
What it means if you buy this month
Zillow counted 578 Eugene listings for sale at the end of July 2026. That is not 2021. You still lose clean Cal Young and priced-right 97405 if you tour like a tourist. Pre-approval, a Lane County lender, and a broker who already knows which listing is theater. Shawna runs first-time and family files. This page is the map. The offer is a different conversation.
Oregon housing market is not a number
People type Oregon housing market and Oregon home prices hoping for one statewide median. Portland, Bend, Medford, and Lane County are different files. This desk quotes Eugene and Springfield — Redfin, Zillow, and the zip table above. A statewide average is a tourist number. If the house is not in Lane County, hire a desk that lives there.
Same metro, two numbers
A 97402 ranch vs a 97405 slope house
The city median sits between them and describes neither. The west-side ranch is a Bethel or 4J-north conversation and a payment. The south-hills house is film, slope, and a buyer pool that is not refreshing Zillow at midnight. We will not average those files.
Questions we actually get
What is the median home price in Eugene, Oregon?+
Redfin’s city median sale was about $497,000 for the three months ending July 2026. Zillow’s typical value was $482,062 as of July 31, 2026. Your zip is the real number — 97405 is not 97402.
What is the average home price in Eugene?+
Average (mean) sold prices run higher than the median because luxury sales pull them up. Use the median, then the zip, then the last three solds on the street. Team Burke will not quote a mean as “your house.”
Is Eugene a buyer’s or seller’s market in 2026?+
Well-priced, move-in-ready houses still favor the seller. Dated or greedy listings sit. Inventory is not 2021. It is not a crash either. The pocket decides.
Are Eugene home prices going up or down?+
Mostly sideways at the city level. Redfin’s median was down about 1.2% year over year in the July 2026 window; Zillow’s typical value was up 0.4%. Zip paths diverge. 97408’s printed jump is a small sample, not a forecast.
How long do homes sit in Eugene?+
Redfin’s city figure is about 14 days. Zillow’s days-to-pending print was 11. South Hills luxury is a different clock. Read the days-on-market page.
What is a typical home price in 97405 vs 97402?+
In Redfin’s July 2026 window, 97405’s median sale was about $585,000 and 97402’s was about $399,000 — and 97402 includes manufactured homes. Neither is an appraisal.
Does Springfield count as the Eugene housing market?+
For a job in the metro, often. For a Google query, no. 97477 printed about $434,000 in the same Redfin window. It is a different district and a different commute.
Where should I get a number on my house?+
Not a Zestimate. Jon Burke at Team Burke, Triple Oaks Realty — 541-968-0423. We use live solds in the pocket.
What is the Oregon housing market doing?+
Oregon is not one market. Portland, Bend, and Lane County do not share a median. For Eugene, Redfin’s city median sale was about $497,000 in the July 2026 window; zips split hard. This page is the Lane County number. We will not quote a statewide average as your house.
What are Oregon home prices right now?+
Same problem as the statewide market search — it depends on the city. Eugene’s typical value sat near $482,000 on Zillow’s July 2026 ZHVI; 97405 and 97402 are not that house. Read the zip table. Jon will pull solds on the street.