Katie got into real estate in 2013, starting on the title and escrow side, where she learned how deals actually come together, the fine print, the timelines, and the small things that can make or break a transaction.

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If you’re wondering what’s going on in the Eugene Springfield housing market right now, I want to walk you through the latest numbers so you can see for yourself which direction things are heading. Because one thing I need to say upfront: we cannot keep acting like it’s 2020. That market is over. What we have now is something different, and in a lot of ways, it’s healthier for everyone involved.

Eugene home prices are holding steady. As of spring 2026, median sale prices in Eugene are around $470,000, up slightly year over year. That’s not the dramatic price spikes we saw in the early 2020s, but it’s also not a decline. Values are holding rather than falling, and for homeowners who bought in the last several years, that’s good news. The market has cooled from its pandemic highs, but the correction has been gradual and measured rather than sudden.

“When the home is priced right, buyers see the deal and jump on it.”

Homes are selling quickly when they’re priced right. The average home in Eugene is going pending in about 29 days, indicating that buyer demand is still very much present. Many homes are receiving multiple offers and selling at or very close to the list price, with some going above asking. But it’s not the frenzy of a few years ago, where everything sold in a weekend regardless of condition or price. The homes that are moving fast are the ones that are properly priced and well-presented. If a home is overpriced or needs significant work, it’s going to sit, and in this market, sitting costs you time and positioning that’s hard to get back.

Inventory is moderate, not extreme in either direction. The Eugene market currently has more inventory than during the tightest seller’s market years, which gives buyers more options and more room to be selective. But supply hasn’t expanded enough to swing things fully in the buyer’s favor. The months of supply, which is one of the key indicators of market balance, is running between 2.3 and 2.6 months. That generally corresponds with what housing economists call a healthy seller’s market. For reference, a fully balanced market is typically around 4 to 6 months of supply, and a strong buyer’s market would be above 6 months. At 2.3 to 2.6, there’s too little supply to give buyers a commanding advantage, but enough that they’re not competing blindly against ten other offers on every property.

What this means for buyers and sellers right now. If you’re a buyer in Eugene, you have more breathing room than you’ve had in recent years. You can take a little more time to evaluate homes, you can negotiate more than you could in a frenzied market, and you’re less likely to face the kind of bidding wars that pushed prices well above asking during the pandemic. That said, well-priced homes in desirable areas are still moving fast, so being prepared and pre-approved matters just as much as it always has.

If you’re a seller, the market is still working in your favor, but it rewards the sellers who prepare. Homes priced competitively from day one and presented well are attracting strong interest and selling quickly. Homes that test the market with aggressive pricing are sitting longer and ultimately selling for less than they would have at the right price from the start.

The overall picture heading into mid-2026 is a market where informed decisions matter more than ever. Prices are stable. Homes are moving. Neither side has overwhelming leverage, which means the quality of your strategy, your timing, and the people advising you are what determine how your transaction plays out.

If you have any questions about what’s happening in the Eugene Springfield market or want to talk through your specific situation, reach out anytime. Call or text me at 503-621-6832, email me at katie@movewithdewitt.com, or visit movewithdewitt.com. I look forward to hearing from you.