Eugene Real Estate Watch: 4 Types Of Homes Falling In Value (And 8 Set To Rise)

Not all homes are holding their ground in today’s market. Some properties are quietly slipping in value, while others are becoming hot commodities almost overnight. In Eugene, the shake-up is more than noticeable – it’s reshaping what buyers want and what sellers can expect.

From outdated layouts to energy-smart upgrades, the details matter more than ever. Knowing which types of homes are falling behind – and which ones are rising fast – can give you a serious edge in a market that rewards timing and insight.

1. Oversized Suburban Houses

Market demand for massive 4,000+ square foot homes is dropping fast. Rising utility costs make these energy hogs increasingly expensive to maintain.

Empty nesters downsizing and younger buyers preferring smaller environmental footprints have left these properties sitting longer on the market. Local agents report price reductions becoming common as sellers adjust expectations.

2. Outdated Split-Level Homes

Once the darling of 1970s neighborhoods, these architectural throwbacks are losing appeal fast. The awkward half-flights of stairs create accessibility challenges for aging populations and families with young children.

Renovating these homes often costs more than buyers anticipate due to their unusual layouts. Without significant updates to kitchens and bathrooms, these properties frequently languish on Eugene’s market.

3. Properties In Flood-Prone Areas

Climate change concerns have buyers scrutinizing flood maps more carefully than ever before. Homes near the Willamette River and in low-lying areas face increasing insurance premiums and wary buyers.

Recent flooding events have highlighted risks previously considered minimal. Real estate professionals report growing hesitation from lenders regarding properties in these zones, further depressing values despite otherwise desirable locations.

4. Homes With Deferred Maintenance

Fixer-uppers are no longer the bargain they once were. Skyrocketing material costs and contractor shortages have made renovation projects substantially more expensive and time-consuming.

Buyers increasingly prefer move-in ready options even at premium prices. Properties with aging roofs, outdated electrical systems, or foundation issues face particularly steep discounts as buyers calculate the true cost of ownership beyond the purchase price.

5. Energy-Efficient New Builds

Modern construction techniques are creating homes that slash utility bills while maintaining comfort. Triple-pane windows, advanced insulation, and smart climate systems appeal to environmentally conscious Eugene buyers.

Developers report these properties selling faster than traditional builds despite higher initial price tags. Buyers recognize long-term savings and appreciate reduced environmental impact, creating sustained demand even during market fluctuations.

6. Small-To-Mid Sized Craftsman Homes

Character-rich bungalows with classic craftsman details are commanding premium prices throughout Eugene neighborhoods. Their solid construction, efficient use of space, and timeless charm continue attracting multiple offers.

Buyers appreciate the built-in shelving, natural woodwork, and distinctive architectural elements rarely found in newer construction. The walkable locations of many of these historic gems further enhances their appeal to diverse buyer demographics.

7. Properties Near The University Of Oregon

Location remains king in real estate, especially near campus. Homes within walking distance to University of Oregon benefit from seemingly endless rental demand and appreciation potential.

Parents purchasing for student children often compete with investors seeking reliable income properties. Even during broader market slowdowns, these properties maintain value due to their prime location and multiple possible uses for current and future owners.

8. Walkable Urban Infill Developments

Convenience-focused buyers are flocking to properties within strolling distance of coffee shops, restaurants, and essential services. New infill projects transforming previously overlooked urban pockets are seeing strong demand.

Local developers report quick sales for these strategically located homes despite premium pricing. The combination of reduced car dependency, community connection, and modern amenities creates a compelling package for diverse buyer demographics.

9. ADU-Friendly Properties

Accessory Dwelling Units have transformed from rare curiosities to valuable assets. Eugene’s relaxed ADU regulations make homes with existing units or space to add them particularly desirable.

Multigenerational living arrangements and rental income potential drive this trend. Savvy buyers recognize these properties offer flexibility for changing family needs while potentially generating significant additional income to offset mortgage costs.

10. Mid-Century Modern Homes With Upgrades

Architectural gems from the 1950s-60s are experiencing a remarkable renaissance in Eugene’s market. Their open floor plans, large windows, and indoor-outdoor flow perfectly match contemporary lifestyle preferences.

Updated versions with modern kitchens and bathrooms while maintaining original character features command premium prices. Buyers appreciate the combination of vintage charm and contemporary convenience these thoughtfully renovated properties offer.

11. Homes With Solar Or Eco Upgrades

Sustainability sells in environmentally conscious Eugene. Properties featuring solar arrays, rainwater collection systems, or other green technologies attract motivated buyers willing to pay premiums.

Real estate professionals report these homes spending fewer days on market than comparable conventional properties. The combination of reduced utility costs, environmental benefits, and potential tax incentives creates powerful appeal for a growing segment of Eugene buyers.

12. Townhomes In Revitalized Neighborhoods

Vertical living is gaining traction as Eugene’s downtown and near-downtown areas experience revitalization. Modern townhomes offering low-maintenance living with urban amenities attract diverse buyers from young professionals to active retirees.

Developers report strong pre-sales for new projects in transitioning areas. The combination of reasonable price points, efficient design, and proximity to Eugene’s evolving urban core creates sustained demand even during broader market adjustments.