Homes For Sale in Northeast Neighbors, Eugene, OR
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If you looking for homes for sale in Northeast Eugene you have to know what the median real estate price is a whopping $697,235, which makes it more expensive than about 82.7% of neighborhoods in Oregon and 84.5% of neighborhoods in the entire United States. It’s definitely one of the pricier areas around! What about rent in Northeast Eugene? The average rental price here is currently around $2500. That’s higher than about 74.4% of neighborhoods in Oregon. So, be prepared for slightly higher rental costs compared to many other places in Eugene, OR.
The Northeast neighborhood, situated in the suburbs, boasts a spacious layout with a relatively low population density. Housing options in the area predominantly consist of medium to large single-family homes and townhouses. The majority of residential properties are owned by the occupants themselves. The homes in Northeast are primarily established, with many constructed between the years 1970 and 1999. Additionally, there are also newer homes built from 2000 to present.
And if you want to buy a house in exclusive place you hit the nail on the head! The Northeast neighborhood in Eugene truly stands out when it comes to its real estate vacancy rate. At 0.0%, it’s lower than the vacancy rate of 100.0% of neighborhoods across the entire United States. That puts it in a very exclusive category. A vacancy rate that low suggests an incredibly high demand for real estate in the neighborhood. It means that properties in Northeast are in high demand and don’t stay vacant for long. There are likely various factors contributing to this situation. It could be due to strong demand from homebuyers and renters who want to live in the area, as well as factors that limit the supply of available properties.
So, that’s the lowdown on Northeast Eugene. It’s a neighborhood where real estate prices and rental costs are on the higher side. If you’re looking for a suburban vibe, with beautiful medium to large homes, and you don’t mind the tight housing market, Northeast might just be the place for you. It’s a unique neighborhood that continues to attract interest and maintain its exclusivity.