There are currently 65,028 real estate properties in Eugene, OR, with a median automated valuation model (AVM) price of $392,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Eugene, OR, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Eugene, OR, is $417,867.00, with the most expensive house in Eugene, OR, topping out at $9,828,100.00 and the cheapest home in Eugene, OR, clocking in at $28,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Eugene, OR!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Eugene, OR, is on a rollercoaster ride. The average rent price in Eugene, OR, is $1,348.00. Indeed, when looking to rent in Eugene, OR, you can expect to pay as little as $550.00 or as much as $3,840.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Eugene, OR -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Eugene, OR area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Eugene, OR and much more. Save thousands at closing with home foreclosure listings in Eugene, OR — up to 75% off market value!
Eugene is located in Lane, Oregon, with an estimated municipal population of 172,622 residents. All of the best foreclosed homes for sale in Eugene are located in the following zip code areas on Foreclosure.com: 97405 97404 97401 97403 97402 97440. The estimated population per square kilometer (.62 miles) in Eugene is 1,510.
So, about how much do homes cost in Eugene? The most recent median value of resident-owned homes in Eugene is 287,103. An estimated 47.3 percent of households in Eugene own their homes, with an average family size of 2.89. The median household income in Eugene is 50,962, with22.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Eugene, the median commute time of resident workers (in minutes) is 18.6. And last, but certainly not least, are you looking for homes to rent in Eugene? If so, the average rent price paid by renters in Eugene is 1,031, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Eugene, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Eugene is 34.7, split between 48.9 percent male versus 51.1 female. The percentage of residents who report being married in Eugene is 38.8, with an average family size of 2.89.
The percentage of residents who report their race in Eugene is as follows:
|Black / African American||1.6%|
|American Indian / Alaskan Native||0.9%|
|Native Hawaiian / Other Pacifc Islander||0.3%|
Looking for family-friendly neighborhoods in and/or near Eugene? Or maybe you are searching for 55+ active adult communities in and/or near Eugene?
The percentage of residents who report their age in Eugene is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Eugene with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Eugene.
How do you know that living in -- or moving to -- Eugene is right where you need to be? Perhaps you grew up in Eugene or already live nearby; therefore, the decision to buy a home in Eugene is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Eugene for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Eugene:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Eugene.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Eugene can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Eugene, meanwhile, can field multiple offers from more qualified buyers.