How much house does $500,000 buy you in Eugene?

Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000. 

These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.

While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Eugene?

To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Eugene right now. Listings below $500,000 were included if necessary.

4554 Woodsboro St, Eugene, OR 97402
- Price: $500,000
- 6 bedrooms, 4 bathrooms
- Square feet: 2,207
- See 4554 Woodsboro St, Eugene, OR 97402 on Redfin.com

2905 Pearl St, Eugene, OR 97405
- Price: $498,000
- 5 bedrooms, 2 bathrooms
- Square feet: 1,812
- See 2905 Pearl St, Eugene, OR 97405 on Redfin.com

1975 16Th St, Springfield, OR 97477
- Price: $499,000
- 5 bedrooms, 2 bathrooms
- Square feet: 1,788
- See 1975 16Th St, Springfield, OR 97477 on Redfin.com

80388 Territorial Hwy, Eugene, OR 97405
- Price: $499,900
- 5 bedrooms, 1 bathroom
- Square feet: 2,408
- See 80388 Territorial Hwy, Eugene, OR 97405 on Redfin.com

5416 Wales Dr, Eugene, OR 97402
- Price: $500,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,077
- See 5416 Wales Dr, Eugene, OR 97402 on Redfin.com

1310 W Quinalt St, Springfield, OR 97477
- Price: $499,000
- 4 bedrooms, 3 bathrooms
- Square feet: 1,508
- See 1310 W Quinalt St, Springfield, OR 97477 on Redfin.com

25206 Irenic Ave, Veneta, OR 97487
- Price: $495,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,498
- See 25206 Irenic Ave, Veneta, OR 97487 on Redfin.com

188 Sumac Ct, Junction City, OR 97448
- Price: $499,999
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,328
- See 188 Sumac Ct, Junction City, OR 97448 on Redfin.com

2666 26Th Loop, Springfield, OR 97477
- Price: $499,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,060
- See 2666 26Th Loop, Springfield, OR 97477 on Redfin.com

5518 Tribute Way, Eugene, OR 97402
- Price: $499,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,030
- See 5518 Tribute Way, Eugene, OR 97402 on Redfin.com

4459 Glacier St, Springfield, OR 97478
- Price: $499,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 1,820
- See 4459 Glacier St, Springfield, OR 97478 on Redfin.com

2592 Benson Ln, Eugene, OR 97408
- Price: $500,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,708
- See 2592 Benson Ln, Eugene, OR 97408 on Redfin.com

663 Swan Ct, Springfield, OR 97477
- Price: $495,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,658
- See 663 Swan Ct, Springfield, OR 97477 on Redfin.com

3639 Elwing Ave, Eugene, OR 97401
- Price: $499,000
- 4 bedrooms, 1.5 bathrooms
- Square feet: 1,482
- See 3639 Elwing Ave, Eugene, OR 97401 on Redfin.com

5887 Bainbridge Rd, Eugene, OR 97402
- Price: $498,400
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,073
- See 5887 Bainbridge Rd, Eugene, OR 97402 on Redfin.com

115 E Hilliard Ln, Eugene, OR 97404
- Price: $499,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,860
- See 115 E Hilliard Ln, Eugene, OR 97404 on Redfin.com

1061 Argon Ave, Eugene, OR 97404
- Price: $500,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,676
- See 1061 Argon Ave, Eugene, OR 97404 on Redfin.com

Sprig Ln, Eugene, OR 97401
- Price: $499,500
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,394
- See Sprig Ln, Eugene, OR 97401 on Redfin.com

Sprig Ln, Eugene, OR 97401
- Price: $499,500
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,294
- See Sprig Ln, Eugene, OR 97401 on Redfin.com

645 Kingswood Ave, Eugene, OR 97405
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,952
- See 645 Kingswood Ave, Eugene, OR 97405 on Redfin.com

3347 31St St, Florence, OR 97439
- Price: $499,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,727
- See 3347 31St St, Florence, OR 97439 on Redfin.com

3565 Castrey St, Eugene, OR 97404
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,704
- See 3565 Castrey St, Eugene, OR 97404 on Redfin.com

2267 Blackburn St, Eugene, OR 97405
- Price: $499,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,694
- See 2267 Blackburn St, Eugene, OR 97405 on Redfin.com

26019 Marina Rd, Veneta, OR 97487
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,694
- See 26019 Marina Rd, Veneta, OR 97487 on Redfin.com

2447 W 13Th Ave, Junction City, OR 97448
- Price: $498,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,672
- See 2447 W 13Th Ave, Junction City, OR 97448 on Redfin.com

2280 Tabor St, Eugene, OR 97401
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,662
- See 2280 Tabor St, Eugene, OR 97401 on Redfin.com

1966 34Th St, Florence, OR 97439
- Price: $499,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,616
- See 1966 34Th St, Florence, OR 97439 on Redfin.com

455 S 38Th St, Springfield, OR 97478
- Price: $495,000
- 3 bedrooms, 1 bathroom
- Square feet: 1,500
- See 455 S 38Th St, Springfield, OR 97478 on Redfin.com

1765 Labona Dr, Eugene, OR 97404
- Price: $499,900
- 3 bedrooms, 1 bathroom
- Square feet: 1,398
- See 1765 Labona Dr, Eugene, OR 97404 on Redfin.com

56483 Mckenzie Hwy, Mckenzie Bridge, OR 97413
- Price: $499,900
- 2 bedrooms, 1.5 bathrooms
- Square feet: 960
- See 56483 Mckenzie Hwy, Mckenzie Bridge, OR 97413 on Redfin.com