Eugene Real Estate Market Update: September 2025

Eugene Real Estate Market Update: September 2025

If you’ve been keeping an eye on the Eugene housing market, you’ve probably noticed that things feel a little quieter than they did last fall — but not dramatically so. The pace has slowed slightly, prices have adjusted, and we’re starting to see a more balanced market take shape as we head into fall.

Let’s take a closer look at what’s happening right now in Eugene real estate.

Active Listings & Buyer Activity

As of early October, there are 387 homes currently on the market in Eugene. That’s a healthy number for this time of year and gives buyers a bit more breathing room compared to the competitive spring and summer months.

• Median days on market: 60 days
• Pending listings: 193 homes currently under contract
• Median days on market for pending homes: 26 days

That gap between 60 and 26 days tells us something important: homes that are priced right and show well are still moving quickly.

September 2025 Market Snapshot

For homes that sold in September 2025:

• Median sold price: $495,000
• Median days on market: 21 days
• Average sale-to-list price: 99.2%

That means most homes are still selling very close to their asking price — just with a bit more negotiation room than we’ve seen in the past few years.

How It Compares

To put things in perspective:

• August 2025: Median price was $518,500 with 20 days on market and 100.2% of list price — slightly higher prices and a bit faster pace.
• September 2024: Median price was $511,000, homes sold in 15 days, and sellers received 98.46% of list price.

So while home values have dipped modestly since late summer, they’re still holding steady compared to last year. What we’re seeing is a normalizing market rather than a decline.

What’s Driving the Shift?

Higher interest rates through much of the year have played a big role in shaping buyer behavior. Many buyers have taken longer to make decisions or are waiting for the “perfect” home before jumping in.

However, rates dropped slightly during the last week of September, sparking renewed optimism among both buyers and sellers. It will be interesting to see how this shift impacts October’s numbers — whether we see a bump in pending sales or more confident activity heading into the fall.

What It Means for You

• If you’re a buyer: More listings and slightly longer days on market mean you have more opportunities to compare options and negotiate — especially if rates continue to trend downward.
• If you’re a seller: Homes that are priced and presented well are still selling fast — usually in under a month. Staging, photography, and accurate pricing make all the difference right now.

The Bottom Line

The Eugene housing market remains healthy and active — just moving at a steadier, more sustainable pace than the frenzy of past years. And with interest rates showing early signs of easing, this fall could bring a fresh wave of motivated buyers back into the mix.

If you’d like to talk through what these numbers mean for your specific situation, reach out anytime. I’m always happy to help you understand where your home (or your next one) fits into today’s Eugene market.