Published October 25, 2026 in Market Update

Primary market is moving faster than the national pace

The one number that changes what you should do: timing here is not the same as timing everywhere else. Realtor.com put the national median days on market at 62 days as of October 22, 2026. The Real Estate Data Aggregator counted median days on market between 11 and 27 days across Eugene and Springfield ZIP codes for the three months ending August 31, 2026. That gap is large. It means a well-priced home here does not sit the way a national headline suggests.

97405 is the fastest ZIP in this market. The Real Estate Data Aggregator recorded a median of 11 days on market there for the three months ending August 31, 2026. That is 6 days shorter than the same period a year before. More than half of homes there went under contract within two weeks of listing, at 52.7%.

Not every ZIP moved faster than last year. The Real Estate Data Aggregator shows 97477 in Springfield took 18 days, which is 6 days longer than the same period in 2025. And 97408 added 4 days year over year, reaching 27 days. Even so, both are still well under the national 62-day figure from Realtor.com.

How much of the market is under contract right now

The Real Estate Data Aggregator counted 777 pending sales across the full primary market for the three months ending August 31, 2026. That is up 0.5% from the same months of 2025. Nationally, Realtor.com reported September pending home sales were down 11.3% year over year. Eugene and Springfield held steadier than the country as a whole.

Rates are real, and buyers are still moving

Freddie Mac put the average 30-year fixed rate at 7.32% as of October 22, 2026. The 15-year averaged 6.68%. Rates above 7% are a real cost. Still, the Real Estate Data Aggregator shows 742 homes sold across this market in just three months. Buyers are adjusting, not disappearing.

How each ZIP compares on price and speed

Where more than half of homes are going fast

The Real Estate Data Aggregator tracked what share of homes went under contract within two weeks of listing. Three ZIP codes topped 50%. That is a meaningful signal for anyone pricing a home right now.

97403 had 60.7% of homes under contract within two weeks, up 22.6 points from the same period in 2025, according to the Real Estate Data Aggregator. That is a big shift. Fewer homes sold there overall, but the ones that did moved quickly.

One note on prices

Prices are not all moving the same direction. The Real Estate Data Aggregator shows 97403 up 15.6% year over year to $729,000, and 97408 up 12.1% to $795,000. But 97401 dipped 4.2% to $507,000, and 97402 slipped 0.9% to $399,175. Nationally, the National Association of Realtors reported existing-home prices rose 1.3% in September 2026. Several Eugene ZIP codes beat that pace. A couple fell below it.

These are ZIP code numbers. One street can read very differently from the whole ZIP. If you want to know what the pace looks like right where you live, text me your address.