97405, Eugene, OR

The 97405 zip code of Eugene, OR has a median home value of $269,000 and a median home equity of $129,000. This is significantly higher than the national median home value of $181,500 and the national median home equity of $106,200. The 97405 zip code also has a significantly higher percentage of homes with a mortgage than the national average (77% vs. 63%).

There are several factors that may contribute to the high values in the 97405 zip code of Eugene. First, Eugene is located in one of the most desirable areas in Oregon and has access to many amenities that other areas do not have (e.g., excellent schools). Second, there is strong demand for housing in this area due to its proximity to many businesses and universities. Finally, there are relatively few homes for sale in this zip code which may lead to increased prices.