34Alpha

Eugene, OR metro area Housing Market Brief

metro · OR · as of August 2026

Buyer's

What is Eugene, OR metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-1.139
Inventory Health25%
53
Affordability20%
-1.59
Economic Strength20%
37
Rental Yield15%
-1.526

Where is Eugene, OR metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Eugene, OR metro area is classified as Mature holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Eugene, OR metro area?

Our model forecasts Eugene, OR metro area’s home prices to rise about 3.2% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Eugene, OR metro area housing market data

MetricValueYoY
Median Sale Price$479K-1.1%
Median Days on Market53 days-7%
Months of Supply2.7-10%
Homes for Sale1,056-9.6%
Homes Sold409▲ +2.3%
Median Price / Sq Ft$305▲ +0.6%

How has Eugene, OR metro area’s Alpha Score moved?

Now: 34
12-period trend
Median sale price · 12 mo

Markets like Eugene, OR metro area

Frequently asked questions

Is Eugene, OR metro area a buyer's or seller's market?

As of August 2026, Eugene, OR metro area is classified as a Buyer's Market, based on its Alpha Score of 34 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Eugene, OR metro area?

The median sale price in Eugene, OR metro area is $479K, having fallen 1.1% over the past year.

How affordable is Eugene, OR metro area?

Eugene, OR metro area scores 9 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Eugene, OR metro area's Alpha Score?

Eugene, OR metro area's strongest dimension is Inventory Health (53/100) and its weakest is Affordability (9/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Eugene, OR metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.