Is the housing market slowing down in Eugene, OR?
Yes — sales activity in Eugene, OR is down. 308 homes sold during May 2026, against 367 in the same months a year earlier, a drop of 16%.
This page is about how many homes changed hands, not what they cost. The two move separately: prices are set by the homes that did sell, and volume tells you how many people managed to transact at all. A market can hold its prices while activity quietly drains out of it.
The change clears both tests we require before naming a direction: it is more than 3% in relative terms, and it is larger than the ordinary month-to-month variation you would expect on a market that sells 308 homes at a time.
The longer view, all measured over the May window so the season is held constant: 390 homes sold two years ago, 367 last year, 308 now. Activity is meaningfully below where it was two years ago.
What is on the shelf next to what is selling: 854 homes were on the market in Eugene, OR, and 308 sold. At that pace it would take about 2.8 months to clear them all. There are more buyers than homes for sale. Sellers have the edge.
Every comparison on this page is to the SAME calendar months a year earlier, never to last month. Home sales roughly double between January and May in most of the country, so a month-over-month reading would tell you about the season and nothing about the market.
Source: Redfin's published market data for the Eugene, OR area, through May 2026.
Are you the agent for Eugene, OR?
We build this page's numbers into a one-page report with your name, brokerage and phone on it, for up to three areas you work — emailed to you fresh every month. Forward it to clients. $49 a month, cancel anytime.
See a real sample report first — no email needed.
More about the Eugene, OR market
- When is the best month to sell a house in Eugene, OR?
- How long does it take to sell a house in Eugene, OR?
- Do homes sell above asking price in Eugene, OR?
- Are home prices going up or down in Eugene, OR?
- Is Eugene, OR a buyer's market or a seller's market?
- Are sellers cutting prices in Eugene, OR?
- What is the average home price in Eugene, OR?
- How many homes are for sale in Eugene, OR?
- All Eugene, OR housing numbers
Other markets
- Is the housing market slowing down in Portland, OR?
- Is the housing market slowing down in Bend, OR?
- Is the housing market slowing down in Salem, OR?
- Is the housing market slowing down in Medford, OR?
- Is the housing market slowing down in Albany, OR?
- Is the housing market slowing down in Roseburg, OR?
- Is the housing market slowing down in Newport, OR?
- Is the housing market slowing down in Grants Pass, OR?
Figures come from Redfin's published market data for the Eugene, OR area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.