The story of this market
The typical home in ZIP 97403 sells for about $534,450, or $298 per square foot.
Prices are down 2.2% from a year ago, which gives buyers more room to negotiate. Homes take about 14 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,750 a month.
ZIP 97403 — Eugene
The 97403 housing market remains competitive with a median sale price of $534,450, driven by high demand near the University of Oregon. While year-over-year prices have seen a slight correction, the market maintains a strong sale-to-list ratio, indicating that well-priced homes continue to move quickly. Low inventory levels remain the primary factor supporting current price points.
This ZIP is ideal for university-affiliated faculty and staff, families seeking proximity to top-rated schools, and investors looking for stable rental demand near the campus.
Median prices moved down 2.2% year over year.
Homes spend a median of 14 days on market with 3.2 months of supply — a fast-moving market.
25% of listings have cut prices · homes sell at 103% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 15.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 97403, Lane County OR
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Eugene School District 4J, which generally maintains a strong reputation within the region for academic performance.
The region faces moderate wildfire risk during summer months and is subject to standard Pacific Northwest seismic and wind event considerations.
Economic momentum is anchored by the University of Oregon and a growing healthcare and tech sector, with ongoing infill development near the campus.
Property taxes are assessed by Lane County based on real market value, with rates subject to Oregon's constitutional limits on assessed value growth.
Residents in 97403 benefit from proximity to the University of Oregon and downtown Eugene, with most commutes being short drives or accessible via local transit.
The ZIP features extensive access to the Willamette River trails, Hendricks Park, and proximity to the university's athletic facilities and local shopping districts.
The rental market is highly influenced by the university student population, resulting in consistent demand and low vacancy rates near the campus.
The economy is heavily driven by the University of Oregon, healthcare systems, and a growing base of small-scale technology and manufacturing firms.
Eugene is served by the Lane Transit District (LTD) bus system, including the EmX bus rapid transit line connecting the university to downtown and Springfield.
City planning focuses on increasing density near the university and improving transit-oriented development along major corridors.
The Lane County Assessor maintains property values based on annual market analysis and state-mandated assessment cycles.
Parcels are subject to Eugene School District 4J, Lane Community College district, and various local utility and fire protection districts.
Property insurance premiums are rising due to regional wildfire risk and general inflationary pressures on construction costs.
Data retrieved from data.census.gov ZCTA 97403 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Round1 Bowling & Arcade - Eugene43.8 mi
- Putters Family Entertainment Center4.25.6 mi
- DEFY Eugene4.76 mi
- Get Air Trampoline Park4.36 mi
- Portal Adventures - Eugene and Springfield52.8 mi
- Autzen Stadium4.71.9 mi
- Hayward Field4.81.3 mi
- Lane Events Center4.33.2 mi
- Hult Center for the Performing Arts4.82.6 mi
- Matthew Knight Arena4.61.2 mi
- Alton Baker Park4.61.6 mi
- Cinemark Eugene Springfield and SCREENX4.52.8 mi
- Cascades Raptor Center4.83.7 mi
- Hendricks Park4.80.6 mi
- Owen Rose Garden4.73.3 mi
- Museum of Natural and Cultural History4.71.2 mi
- Eugene Science Center4.51.9 mi
- Dorris Ranch4.71.6 mi
- Jordan Schnitzer Museum of Art4.51.6 mi
- Adventure! Children's Museum4.73.7 mi
- Alton Baker Park4.61.6 mi
- Skinner Butte Park4.62.8 mi
- Hendricks Park4.80.6 mi
- Owen Rose Garden4.73.3 mi
- Spencer Butte Trailhead4.94.7 mi
- Orchard Point Marina and Boat Ramp4.412.7 mi
- Fiddler's Green Golf Center4.710.6 mi
- Laurelwood Golf Course4.31.1 mi
- Pine Ridge Golf Club4.38.7 mi
- Eugene Country Club4.52.8 mi
- Shadow Hills Country Club4.711.6 mi
- Valley River Center4.23.7 mi
- Safeway42.2 mi
- Fred Meyer4.14.9 mi
- WinCo Foods4.47 mi
- Fred Meyer4.25.9 mi
- Eugene Airport4.510.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A historic park known for its rhododendron garden and forest trails.
Major anchor institution providing cultural and athletic amenities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.