97404 — Eugene, OR Home Values
Typical home value $448,751 as of June 2026 · 19th of 31 in Eugene-Springfield, OR
Blue: typical home value (Zillow ZHVI) in ZIP code 97404, June 2021 to June 2026. This page shows observed data only; no forecast.
How 97404 compares in the Eugene-Springfield, OR area
ZIP code 97404 (Eugene, OR) has a typical home value of $448,751 as of June 2026, ranking 19th of 31 ZIP codes tracked in the Eugene-Springfield, OR area, more expensive than about 42% of ZIP codes in the metro. Prices here have moved -0.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +14.9%, from $390,436 in June 2021 to $448,751 in June 2026. Against observed rent, the typical home here sells for 21.6× the annual rent ($1,729/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Eugene-Springfield, OR forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Eugene.
Population and demographics
ZIP code 97404 has a population of 33,356, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 80.6% White, 8.8% Hispanic or Latino, 6.2% two or more races, 2.4% Asian, 1.2% Black or African American, 0.7% American Indian or Alaska Native, and 0.2% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| North Eugene High School | 250 Silver Ln, Eugene, OR | 0.8 mi |
| Spring Creek Elementary School | 560 Irvington Dr, Eugene, OR | 0.9 mi |
| Madison Middle School | 875 Wilkes Dr, Eugene, OR | 1 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 97404?
$448,751 as of June 2026, the latest month Zillow has published observed data for.
Is 97404 an expensive ZIP code in the Eugene-Springfield, OR area?
97404 ranks 19th of 31 ZIP codes in the Eugene-Springfield, OR area by typical home value, more expensive than about 42% of ZIP codes in the metro.
How much have home values in 97404 changed over the past year?
-0.2% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 97404?
The typical home price is 21.6× the observed annual rent in this ZIP code ($1,729/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 97404?
33,356, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 97404?
North Eugene High School (0.8 mi), Spring Creek Elementary School (0.9 mi), Madison Middle School (1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 97404?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Eugene-Springfield, OR forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.