2025 07/08/2025

Are real estate prices dropping in Lane County?

The real estate market in Lane County, encompassing areas from Eugene to Florence, is currently experiencing a more balanced period compared to the intense growth of a few years ago. While some national headlines might suggest widespread price drops, in Lane County, the median home sale price in June 2025 was around $464,621, showing a modest increase of 2% year-over-year. What we’re seeing is less about prices “dropping” broadly and more about a normalization of the market. Buyers may find more negotiation room in certain segments, especially for homes that are slightly overpriced, with about 43% of homes selling under asking price in June 2025. However, well-priced homes continue to sell relatively quickly, with an average of 40 days on market. For precise, hyper-local insights on specific neighborhoods in Lane County, trust the market analysts at Better Homes and Gardens Real Estate Equinox.