97408, Eugene, OR

The 97408 zip code of Eugene, OR has a median home value of $269,500 and a median home equity value of $146,500. This is higher than the Oregon statewide median home value of $236,200 and the national median home equity value of $142,700. The 97408 zip code also has a lower than average rate of homeownership at just 62.5%.

There are many factors that contribute to the high home values in the 97408 zip code of Eugene. First and foremost is the strong economy in Oregon which has led to an increase in demand for homes throughout the state. Additionally, Eugene is a desirable city to live in with its excellent schools and amenities. Finally, there is limited supply of homes available for purchase within this zip code which has driven up prices.