The story of this market
The typical home in ZIP 97431 sells for about $451,750, or $285 per square foot.
Prices are down 5% 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 $1,850 a month.
ZIP 97431 — Dexter
The housing market in 97431 shows signs of stabilization with a slight year-over-year price correction, reflecting broader regional trends. Demand remains steady for well-priced properties, though inventory levels are beginning to normalize, leading to a more balanced environment for buyers and sellers compared to the previous year.
This ZIP is well-suited for families and commuters seeking a balance between rural living and access to the Eugene employment core.
Median prices moved down 5.0% year over year.
Homes spend a median of 14 days on market with 2.3 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 7.5% — 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 7.0%/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 6.7%/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 97431, 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.
Schools serving the area are generally characterized as meeting state standards, though specific ratings vary by district.
The region faces moderate wildfire risk and seasonal wind events, typical of the Willamette Valley climate.
Economic momentum is tied to the broader Eugene-Springfield metro area, with steady demand for residential expansion in surrounding rural-fringe ZIPs.
Property taxes are assessed by Lane County based on real market value, with rates influenced by local school district levies and municipal bonds.
Residents typically commute via Highway 58 or I-5 toward Eugene, with average drive times ranging from 20 to 35 minutes depending on traffic.
The area offers proximity to the Willamette River, local hiking trails, and rural parks, with major shopping and dining located in nearby Eugene.
The rental market is characterized by low vacancy pressure and steady demand, with limited short-term rental inventory compared to urban centers.
The economy is anchored by the Eugene-Springfield metro area, with significant employment in education, healthcare, and government sectors.
Transportation relies heavily on private vehicles via Highway 58, with limited public transit options connecting to the Eugene urban core.
Development is primarily focused on low-density residential expansion and infrastructure maintenance along major transit corridors.
Lane County Assessment and Taxation manages property valuations based on annual market analysis and state-mandated assessment cycles.
Parcels are subject to local school district taxes, fire district levies, and potential rural utility district assessments.
Property insurance premiums are rising due to increased wildfire risk assessments across the Willamette Valley.
Oregon is primarily a non-judicial foreclosure state, requiring specific notice periods and mediation opportunities for homeowners.
Sellers are required to provide a comprehensive property disclosure statement covering material defects and known issues.
Data retrieved from census.gov ZCTA profiles and local market summaries.
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 - Eugene419.4 mi
- Portal Adventures - Eugene and Springfield514.3 mi
- Escape the Room Oregon4.915 mi
- Autzen Stadium4.717.5 mi
- Hayward Field4.816.8 mi
- Lane Events Center4.318.4 mi
- Matthew Knight Arena4.616.8 mi
- Hult Center for the Performing Arts4.818.1 mi
- Mount Pisgah Arboretum4.711.9 mi
- Clearwater Park and Landing4.612.2 mi
- Lowell State Recreation Site4.63.2 mi
- Saginaw Vineyard4.610.8 mi
- Thurston Hills Natural Area4.712 mi
- Museum of Natural and Cultural History4.716.7 mi
- Eugene Science Center4.517.5 mi
- Dorris Ranch4.714.1 mi
- Jordan Schnitzer Museum of Art4.517.1 mi
- Adventure! Children's Museum4.719.3 mi
- Mount Pisgah Arboretum4.711.9 mi
- Clearwater Park and Landing4.612.2 mi
- Elijah Bristow State Park4.64.2 mi
- Fall Creek State Recreation Area4.59.8 mi
- Lowell State Recreation Site4.63.2 mi
- Middlefield Golf Course4.212.1 mi
- Albertsons412.6 mi
- Safeway3.912.9 mi
- Dollar General4.19.7 mi
- Village Center412.8 mi
- McKenzie Crossing4.212.6 mi
- Eugene Airport4.525.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Popular for boating, fishing, and water sports.
Provides extensive hiking and outdoor access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.