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Market Snapshot

Lane County Market Snapshot: November 2026

Amanda Richards, REALTOR at eXp Realty, LLC, Lane County, Oregon November 4, 2026 5 min read

Every month I sit down with the public numbers and share an honest read on the Lane County market. This is the November 2026 edition: what closed in September, how long homes took to sell, and what the latest rate and inventory moves mean for your plan.

No hype, no spin. Here is what matters.

The headline numbers, from the most recent full month of sales

The most recent MLS-based numbers, compiled by Heart & Home Real Estate for September 2026, put the Lane County median home price at $493,450. Eugene's single-family median came in at $520,000 on 147 sales. Springfield's was $478,500 on 64 sales.

County-wide medians move with the mix of what closes, so read them as a level rather than a trend. The direction that matters more: how fast homes are selling, and at what price relative to list.

How fast are homes selling?

Fast, if they are priced right. Eugene homes spent a median of 20 days on market in September and sold at 99.4% of asking price. Springfield homes took a median of just 14 days and sold at 99.9% of list.

That is the pattern I keep coming back to. Well-priced homes move within about three weeks. Overpriced homes are the ones that sit, and in this market they sit visibly.

Inventory is up, and the balance is slowly shifting

Active listings in Lane County reached 1,026 in August, up from 970 in July, per the St. Louis Fed. Countywide listings are about 23% higher than two years ago, and purchases have kept pace, which is why prices have held.

Local reporting through September describes a market that is slowly balancing: more choice for buyers, a little more room to negotiate, still not enough supply to flip the balance toward buyers.

Rates eased this month, but they are still the story

The 30-year fixed rate fell from 7.40% in mid-October to 7.24% by October 29, per Freddie Mac, after touching about 7.5% in early October, its highest since late 2023. A year ago the same rate sat near 6.17%.

Lower than last month, still higher than last year. For buyers, that means the monthly payment math matters more than the price tag. For sellers, it means pricing honestly from day one.

Eugene sellers have a new disclosure coming

On October 28, the Eugene City Council voted 6-1 to require sellers of covered homes to obtain a U.S. Department of Energy Home Energy Score, rated 1 to 10, from a licensed assessor before advertising, and to include it with the listing.

It costs roughly $150 to $250 and takes effect in late April 2027. If you are planning to sell in Eugene next spring, put it on the calendar now.

Acreage still runs on its own clock

The most recent land-market report, covering the 12 months through March 2026, shows rural parcels of an acre or more in Lane County averaging about 203 days on market, with a median of roughly $53,700 per acre and 86 active listings.

Rural buyers have room to negotiate, provided they understand wells, septic, zoning, and water rights before they make an offer. That is exactly what the free acreage checklist is for.

Cottage Grove and Creswell, quickly

Cottage Grove's median sat near $399,000 for the three months ending September, down about 4% year over year. Creswell's was about $463,000, up about 4%. Both are small markets where a handful of sales can move the median.

What does this mean for you?

The real question is never just what the county median is. It is what these numbers mean for your price bracket, your timeline, and your next move.

Bring me your situation and I will tell you what this market means for you specifically.

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