39Alpha

Eugene, OR metro area Housing Market Brief

metro · as of May 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%
40
Inventory Health25%
-2.253
Affordability20%
7
Economic Strength20%
No data
50
Rental Yield15%
44

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

EmergingGrowingMaturePeakingDecliningRecovering

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

Eugene, OR metro area housing market data

MetricValueYoY
Median Sale Price$463K-2.5%
Median Days on Market15 days-16.7%
Months of Supply2.8-3.4%
Homes for Sale854-19.4%
Homes Sold308-16.1%
Median Price / Sq Ft$309▲ +1.4%
Sale-to-List Ratio99.6%0%

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

Now: 39
4-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 May 2026, Eugene, OR metro area is classified as a Buyer's Market, based on its Alpha Score of 39 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 $463K, having fallen 2.5% over the past year.

How affordable is Eugene, OR metro area?

Eugene, OR metro area scores 7 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 (7/100). 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.