The Northeast community in Eugene, Oregon, has the advantage of providing an excellent place to raise a family. Here is what you should know about this community.
Northeast Community is a place where the city and the countryside collide. It’s north of the Randy Pape Beltline, between North Game Farm Road and the Willamette River, within the urban growth boundary.
After breaking into three regions, the neighborhood was developed, and it has a great location near downtown Eugene and the city’s metropolitan districts.
Aside from that, its gorgeous region with huge lots and new homes makes it a desirable location for the best Eugene real estate.
Population and Demographics
The Northeast Neighborhood has a population of 9,201 people. The majority of residents in the neighborhood are white, with only 4% identifying as Asian and 3% identifying as other races.
Furthermore, the population is primarily made up of individuals between 40 and 60. In addition, 14 percent of the residents in this neighborhood are veterans.
Real Estate Market and Home Values
According to Realtor.com, the Northeast area is a seller’s market as of May 2021. It means that more people are looking to buy in this region than properties for sale.
The current typical listing price for properties in this area is $561,300, up 14% over the previous year. The regular listing price per square foot is also $298. Currently, the median sale price is $585,000.
About 45 percent of the neighborhood’s population work in management, executive, or professional positions. Moreover, approximately 23% work in sales and services jobs, while 23% are in assistant, clerical, and tech support positions. The other 9.2% work in manufacturing and laborer jobs.
Events and Activities
As a result, Eugene’s Northeast neighborhood contains everything you need, from necessities to luxuries, conveniences, and locations.
Overall, it’s a lovely area to start over and plant roots.