With nicknames such as "The Emerald City" and "Track Town USA," Eugene was originally named for the settler Eugene Franklin Skinner who built a cabin within the boundaries in 1846. The city of Eugene is Oregon's second largest metro area covering over 41.5 square miles and with more than 140,000 residents. Eugene is located about two hours south of Portland,within an hour of the Oregon coast and Cascade Mountains, and is on the Willamette River, which joins with the McKenzie River to the north of town.
This city stronghold has a varied and self-contained economy base with assorted industries providing employment. Industries include educational, health and social services, retail trade, manufacturing and professional, scientific, management, administrative and waste management services. Students in grades K-12 are accommodated by schools of the Eugene School District. Those in pursuit of a degree in higher education have access to many accredited local universities and colleges, including the University of Oregon.
Recreational amenities and attractions within the Eugene community are bountiful and varied. Outdoor recreational facilities available to Eugene residents include Willamette National Forest and Jasper State Recreation Site. Other attractions within the Eugene community include Hendricks Park Rhododendron Garden, the Lane County Fair held in August, the Oregon Bach Festival, Eugene Opera, Eugene Symphony, and Eugene Ballet.
Eugene residents enjoy an enriched arts culture, big city amenities, breathtaking natural surroundings and a safe, family-oriented community. Real estate options in Eugene consist of single-family homes, estate properties, condominiums, townhouses, investment properties such as duplexes, triplexes, fourplexes, and apartments, and land lots.
Eugene Real Estate Market: Price Range of Eugene Houses for Sale
The Eugene area boasts a diverse real estate market. Single-family detached homes are priced starting from the low $100,000s. Newly built homes with fireplaces are priced in the high $100,000s. Lovely estate properties with scenic hill and mountain views and spacious lots are priced from the high $300,000s to more than $3 million for spectacular and expansive luxury estates. Condominiums and townhouses in Eugene range from low $100,000 to the mid $500,000s. A large selection of land and lots are also available for custom development in Eugene.
Eugene Real Estate Stats and Trends for the week of May 2nd, 2016: homes priced around $380,334 compared to $387,647 the previous week, showing a decrease of less than -2%. For Wednesday, May 4th, the current national mortgage rate for a 30 year fixed mortgage is 3.63%; the 15 year fixed rate is at 2.76%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.05%, while the 15 year jumbo rate currently is at 3.69%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Eugene OR. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Eugene to help you find the best home!