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The market letter · Oct 1, 2026 · 2 min read

Eugene Sellers Are Getting More ThanThey Did a Year Ago

Michael Miller · every number checked

If you own a house in Eugene and you've been wondering whether this is actually a good time to sell, the short answer is yes, at least on price. The longer answer is a little more interesting, because not every number here moved the same way.

Start with what changed. Over the twelve weeks ending September 27, 2026, the median sold price in Eugene rose to $477,000. A year earlier, over the same twelve-week stretch, it stood at $440,000. That's a real move, and it held up to statistical scrutiny on a sample of 101 closings, not a handful of outlier sales skewing the middle.

Here's the part that surprises people. In Eugene, the median sale-to-list ratio sits at 100%, meaning the typical home is closing right at its asking price. And nearly a third of sales, about 32%, went over asking. That's not a market where sellers are getting chipped away at the negotiating table. That's a market where asking price is, more often than not, the floor.

Homes sold
104
96 A year ago

homes sold in 97404, twelve weeks ending September 27, 2026

Twelve weeks ending September 27, 2026

Three numbers moved togetherThis period
63
homes for sale
49
new listings
39d
days to pending

Now the honest complication, because this is where a lot of market updates stop being honest. The pace of these sales, how long homes sat before going under contract, did not move in a statistically meaningful way between the two periods. Neither did the sale-to-list ratio's movement. So while price climbed in a way we can stand behind, the story on speed is genuinely unsettled. We don't get to claim homes are flying off the market just because prices are up. Those are two different questions, and only one of them has a clear answer right now.

What does this look like on a Saturday? If you're selling, you're likely pricing close to where recent comparable sales landed and finding buyers willing to meet or beat that number. You're not necessarily seeing a frenzy of showings in the first 48 hours, and that's fine. Price strength and the feeling of speed don't have to show up together, and this period they didn't.

For sellers, this is reason to feel good about where price has landed without assuming you need to discount to compete. For buyers, the over-asking share is worth sitting with. Close to one in three homes sold above what was asked, so coming in at list price is not automatically a winning offer in Eugene right now.

What would change this read? Watch what happens to days on market and sale-to-list percentage next period. If those start moving in a statistically clear direction too, alongside continued price strength, that's a market tightening on every front at once. Right now, we only have confirmation on one of those fronts, and that's worth knowing before you draw bigger conclusions than the data supports.

If you're curious what your own house would fetch in this price environment, that's a conversation worth having before you list, not after.

Market numbers are believed accurate but not guaranteed; verify anything important independently. If a number isn't solid, it's left out instead of guessed.

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Michael Miller
Real Broker · (541) 918-3652 · michaelmiller@eugenethings.com
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Michael Miller is a licensed real estate agent with Real Broker (Lic. #201237738). Market numbers are believed accurate but not guaranteed; verify anything important independently. Nothing on this site is an appraisal or a promise of value. If your home is already listed with another broker, this is not a solicitation.
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