97487 — Veneta, OR Home Values
Typical home value $439,737 as of August 2026 · 20th of 31 in Eugene-Springfield, OR
Blue: typical home value (Zillow ZHVI) in ZIP code 97487, August 2021 to August 2026. This page shows observed data only; no forecast.
How 97487 compares in the Eugene-Springfield, OR area
ZIP code 97487 (Veneta, OR) has a typical home value of $439,737 as of August 2026, ranking 20th of 31 ZIP codes tracked in the Eugene-Springfield, OR area, more expensive than about 39% of ZIP codes in the metro. Prices here have moved +0.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +13.3%, from $388,168 in August 2021 to $439,737 in August 2026. Against observed rent, the typical home here sells for 15.9× the annual rent ($2,300/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 97487 has a population of 9,546, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 78.1% White, 10.5% Hispanic or Latino, 6.7% two or more races, 3.2% Asian, 1.2% American Indian or Alaska Native, and 0.2% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Applegate Elementary School | 85955 Territorial Rd, Eugene, OR | 2.5 mi |
| Crow High School | 25863 Crow Rd, Eugene, OR | 3.4 mi |
| Veneta Elementary School | 88131 Territorial Rd, Veneta, OR | 4.6 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 97487?
$439,737 as of August 2026, the latest month Zillow has published observed data for.
Is 97487 an expensive ZIP code in the Eugene-Springfield, OR area?
97487 ranks 20th of 31 ZIP codes in the Eugene-Springfield, OR area by typical home value, more expensive than about 39% of ZIP codes in the metro.
How much have home values in 97487 changed over the past year?
+0.8% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 97487?
The typical home price is 15.9× the observed annual rent in this ZIP code ($2,300/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 97487?
9,546, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 97487?
Applegate Elementary School (2.5 mi), Crow High School (3.4 mi), Veneta Elementary School (4.6 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 97487?
No. Every number on this page is observed Zillow data as of August 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.