Welcome to our 97402 real estate data hub, tailored for investors in Eugene, OR. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 97402 in Eugene, OR. Discover Section 8 housing opportunities and challenges to maximize your investment potential in LANE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Eugene, OR real estate investing. Uncover the wealth of information available, and position yourself for success in the Eugene property market.
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Location Overview
- Zip Code: 97402
- City: Eugene
- State: OR
- Metro Area: Eugene-Springfield, OR
- County Name: LANE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $389,652
- Average Home Price (Single Family Homes): $392,216
- Average Monthly Rental Price (All Types): $1,780
- Price-to-Rent Ratio: 18
- Zillow Projected % appreciation from 4/2023-4/2024: 0.5%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,390
- Average 3 Bedroom Section 8 Rental Rates: $1,980
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 23.36
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 16.4
- Number of Units Offered in Section 8 in the County: 1626
- Number of Occupied Units in Section 8 in the County: 1549
- Percentage of Section 8 Units Occupied in the County: 95.30000305%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 466.33
- Total % Appreciation since 2000 (Government Data): 196.5
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.31%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 0.77%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 30.33%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 50.39%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 129.17%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 70.65%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 160.98%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -0.91%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 9.25%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 33.6%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 48.52%