Metro area index
Home appreciation in the Eugene-Springfield, OR metro area
FHFA HPI® data shows the Eugene-Springfield, OR metro area's all-transactions index changed +4.0% over the year to Q2 2026, versus +1.6% for Oregon and +3.0% for the U.S. That ranks 160th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +4.0%
- 5-year change
- +28.6%
- Since Q1 1995
- +321%
- Metro rank (1 year)
- 160th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Eugene-Springfield, OR vs Oregon and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Eugene-Springfield, OR: 421.2
- Oregon: 447.6
- United States: 391.6
Appreciation by time window
| Window | Metro | OR | U.S. | Gap vs OR | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +4.0% | +1.6% | +3.0% | +2.3 pts | +0.9 pts |
| 3 years | +7.9% | +6.0% | +12.9% | +1.9 pts | −4.9 pts |
| 5 years | +28.6% | +23.8% | +41.3% | +4.8 pts | −12.7 pts |
| 10 years | +99.8% | +80.0% | +93.3% | +19.8 pts | +6.5 pts |
| Since Q1 1995 | +321% | +348% | +292% | −26.4 pts | +29.6 pts |
3-digit ZIP regions in the Eugene-Springfield, OR area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 974 · Eugene, OR area | OR | +3.6% | +28.9% | +316% | 63% |
Boom, bust, and recovery in Eugene-Springfield, OR area
Eugene-Springfield, OR area's index peaked in Q2 2007, fell 23.9% to its low in Q2 2012, and regained its peak in Q2 2017, about 10 years after the top. Today it sits +90.5% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q2 2007 | Q2 2012 | -23.9% | Q2 2017 (10 yrs) | +90.5% |
| OR | Q2 2007 | Q2 2012 | -26.0% | Q1 2016 (8.8 yrs) | +87.0% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Eugene-Springfield, OR area's index has changed +90.2% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | OR after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +0.1% | -2.1% | -0.8% |
| 3 years | +9.8% | -1.7% | -3.5% | +2.8% |
| 5 years | +24.0% | +3.7% | -0.1% | +13.9% |
| 10 years | +39.1% | +43.6% | +29.4% | +39.0% |
| Since Q1 1995 | +121% | +90.2% | +102% | +76.8% |
If you bought in the Eugene-Springfield, OR area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +316% | $1,247,113 |
| Q2 2000 | +239% | $1,016,370 |
| Q2 2005 | +141% | $722,715 |
| Q2 2010 | +124% | $672,298 |
| Q2 2015 | +115% | $644,716 |
| Q2 2020 | +50.0% | $449,979 |
| Q2 2021 | +28.6% | $385,845 |
| Q2 2023 | +7.9% | $323,762 |
| Q2 2025 | +4.0% | $311,863 |
Frequently asked questions
- How much have home prices risen in the Eugene-Springfield, OR area?
- FHFA HPI® data for the Eugene-Springfield, OR metro area shows changes of +4.0% over one year, +28.6% over five years, and +99.8% over ten years to Q2 2026, and +321% since Q1 1995.
- Is the Eugene-Springfield, OR area beating the national average?
- Over the past year the metro's index moved +0.9 pts versus the U.S.; over five years the gap is −12.7 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.