Markets/Oregon/Eugene-Springfield

Eugene-Springfield, OR Real Estate Market 2026

Investor-grade market analytics for Eugene-Springfield, Oregon. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.

Median Home Price

$461,511

+0.6% year-over-year

Est. Rental Yield

4.6%

gross annual

12-Month Forecast

+0.6%

base case (Zillow ZHVF)

+0.6% year-over-year

Climate Risk

70/100

High

Market Momentum

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Warm
2.8mo supply ยท Score +3/7

Net migration: Top 17% nationally

Income Migration

โžก๏ธ Neutral1.07x

In-migrants avg $60,654 AGI vs out-migrants $56,436

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Opportunity Zone Market

6 ZIP codes in Eugene-Springfield are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Eugene-Springfield Market Summary

Eugene-Springfield, OR is in a stabilization phase with 0.6% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability pressure is significant: the price-to-income ratio of 6.66x well exceeds the national average of 4.8x. Modest net positive migration (+264 returns/year) provides steady demand support. Climate risk is elevated (70/100), which may impact insurance costs and long-term property values. Rental yield of 4.58% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score48/100
Price-to-Income Ratio6.7x (national avg 4.8x)
Median Household Income$69,311

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+0.3%
Base Case+0.6%
Bull Case+0.9%

Climate & Natural Hazard Risk

Eugene-Springfield, OR's primary climate exposure is flooding (70/100). The composite climate risk score of 70/100 (High) indicates overall risk which may increase insurance premiums and impact property values over time. Buyers should consider climate-related insurance costs and potential future regulatory changes.

Source: FEMA National Risk Index

Get the full Eugene-Springfield dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.