Eugene

Branches located in Oregon

About Eugene, Oregon

Welcome to Eugene, a dynamic city known for its natural beauty, outdoor recreation, and vibrant arts scene. As the home of the University of Oregon, Eugene offers a lively collegiate atmosphere alongside a commitment to environmental sustainability. Residents enjoy a range of activities, from exploring the extensive park systems and bike trails to engaging in the city's rich cultural offerings, including music, theater, and visual arts. Eugene's diverse neighborhoods each offer unique characteristics, from the historic charm of the Whiteaker to the peaceful, tree-lined streets of Friendly, making the city a desirable place for a variety of lifestyles.

Average Home Prices in Eugene

The average home price in Eugene, OR, is approximately $460,929, reflecting a vibrant real estate market that caters to a diverse range of preferences and budgets. Eugene's housing options vary from charming downtown condos to spacious suburban homes, providing choices for everyone from students and young professionals to families and retirees.

Based on calculations of home data from MLS and/or public records.

Veteran Benefits in Oregon

Oregon Veterans Homes
Oregon operates two veterans homes in The Dalles and Lebanon, welcoming veterans with any discharge other than dishonorable, their spouses, and Gold Star parents, provided they need skilled nursing care and can contribute to the cost.
Oregon Veterans Home Loan
The state offers an exclusive home loan program for veterans, providing fixed-rate financing for owner-occupied, single-family residences, with a lifetime limit of up to four loans.
Oregon Veteran Financial Benefits
Active-duty pay earned outside Oregon and up to $6,000 earned within the state is tax-exempt. Veterans with service before Oct. 1, 1991, may qualify for additional retirement pay deductions, while others are taxed normally. Emergency financial assistance is available for veterans facing valid emergencies, with one-time direct payments to creditors.
Oregon Property Tax Exemption
Veterans with a VA disability rating of 40% or more may be eligible for a property tax exemption in Oregon.
Oregon State Veterans Employment Preference
Veterans taking state employment tests receive a 5-point score increase, while disabled veterans receive 10 points.
Disabled Veteran License Plate
Veterans with any VA-rated disability qualify for a Disabled Veteran license plate, offering benefits including emission inspection exemptions.
Oregon Education Benefits
The ONGSTA program provides full tuition funding for eligible National Guard members at state institutions.
Oregon Veterans Recreational Benefits
Disabled veterans with a 25% or more disability rating can obtain free hunting and fishing licenses, and all veterans enjoy free parking and camping at state parks under specific conditions.

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Eugene Neighborhoods and Surrounding Areas

Delve into the heart of Eugene, Oregon, where each neighborhood offers a distinct slice of life in this eclectic and vibrant city. Here's an in-depth look at 25 key neighborhoods in Eugene, showcasing the diversity and charm of the city's living spaces:

Ferry Street Bridge: Known for its spacious homes and well-manicured lawns, Ferry Street Bridge is a sought-after neighborhood offering a blend of suburban tranquility and convenient access to Eugene's bustling downtown.
South Eugene: Characterized by its hilly terrain and verdant surroundings, South Eugene is renowned for its natural beauty and offers a variety of homes, from modern apartments to stately residences, catering to an environmentally conscious community.
Whiteaker: A hub of creativity and culture, the Whiteaker neighborhood boasts an eclectic mix of art galleries, studios, and vibrant eateries, appealing to artists, musicians, and those seeking a bohemian lifestyle.
Bethel: With a strong sense of community and a variety of housing options, Bethel is a neighborhood that prides itself on its parks, schools, and family-friendly atmosphere, making it an ideal place for families and individuals alike.
Friendly: Aptly named, Friendly is a welcoming neighborhood known for its community-oriented spirit, local businesses, and charming homes, offering a small-town feel within the city.
River Road: Nestled along the Willamette River, River Road is a serene neighborhood that combines natural beauty with a tight-knit community, popular among those who enjoy outdoor activities and a laid-back lifestyle.
Santa Clara: Boasting larger lots and a variety of home styles, Santa Clara is a growing neighborhood that maintains a rural charm while offering modern amenities and a sense of spaciousness.
West University: Located near the University of Oregon, West University is a lively area with a mix of student housing, local shops, and nightlife, embodying the energetic college town atmosphere.
Amazon: Amazon is celebrated for its park, community center, and a blend of residential options, providing a balanced urban environment with ample green space and neighborhood activities.
Cal Young: Offering a mix of residential and commercial areas, Cal Young is known for its shopping centers, golf courses, and diverse housing, appealing to a broad range of residents.
Crest Drive: With its hilly landscape and panoramic views, Crest Drive is a neighborhood that offers a peaceful, secluded feel while still being close to city amenities, attracting those seeking a quiet retreat.
Churchill: A family-oriented neighborhood, Churchill offers a variety of schools, parks, and community resources, making it a stable and welcoming area for families and residents of all ages.
College Hill: As one of Eugene's historic neighborhoods, College Hill features beautiful older homes, tree-lined streets, and a sense of history, blended with modern conveniences and a vibrant community life.
Harlow: Situated near the University of Oregon and major hospitals, Harlow is a neighborhood known for its convenience, accessibility, and mix of residential and medical facilities, catering to students, professionals, and families.
Jefferson Westside: This neighborhood is a blend of residential charm and urban access, featuring historic homes, community gardens, and a diverse population, reflecting Eugene's inclusive and eclectic nature.
Laurel Hill Valley: Tucked away from the hustle and bustle, Laurel Hill Valley offers a serene living environment, with lush greenery and a variety of homes, appealing to those seeking a peaceful, natural setting.
Industrial Corridor: A testament to Eugene's evolving landscape, the Industrial Corridor combines working-class roots with new developments, offering unique live-work spaces and a burgeoning arts scene.
Market District: At the heart of Eugene's economic and social life, the Market District is a bustling area with a blend of residential, commercial, and entertainment spaces, attracting urban dwellers and business professionals.
Far West: Known for its quiet streets and close proximity to parks and schools, Far West is a neighborhood that provides a balanced suburban experience, ideal for those seeking a calm yet connected lifestyle.
Trainsong: An up-and-coming neighborhood, Trainsong is recognized for its affordability, diversity, and community initiatives, appealing to residents who value resilience and growth.
Southeast Eugene: With its rolling hills and abundant green spaces, Southeast Eugene is a neighborhood that prides itself on its environmental awareness, outdoor recreation, and community-minded residents.
South Hills: Offering some of Eugene's most breathtaking views, the South Hills neighborhood is known for its upscale homes, winding streets, and connection to nature, providing a luxurious yet laid-back living experience.
Downtown Eugene: The vibrant heart of the city, Downtown Eugene is where culture, commerce, and community converge, offering an array of dining, shopping, and entertainment options amidst a backdrop of urban living spaces.
North Gilham: A rapidly growing area, North Gilham is known for its modern developments, quality schools, and family-friendly environment, attracting those seeking a blend of suburban comfort and contemporary living.
Spencer Butte: Dominated by its namesake landmark, Spencer Butte neighborhood is a haven for outdoor enthusiasts and those seeking a connection with nature, offering hiking trails, scenic views, and a tranquil living environment.

Military Bases in Oregon

Eugene's community, while not directly hosting significant military installations, is influenced by Oregon's military bases. These bases support local economies and provide services for veterans and military families in the region. Here's an overview of some key military installations in Oregon:

Camp Rilea Armed Forces Training Center: Essential for training National Guard units, located near Astoria.
Kingsley Field Air National Guard Base: This Klamath Falls base is critical for F-15 pilot training and other Air National Guard operations.

Local Universities in Eugene

Eugene is renowned for its academic institutions, offering diverse and comprehensive educational opportunities. The city's universities contribute significantly to its vibrant culture:

University of Oregon: A prominent institution offering a range of undergraduate and graduate programs, known for its research and athletic programs.
Northwest Christian University: Provides education with a Christian perspective, offering various degrees and a close-knit campus community.

Unlocking Homeownership with VA Loans in Eugene

VA Loans in Eugene offer numerous benefits to veterans looking to purchase a home, supporting their transition to civilian life:

No Down Payment: Veterans can buy homes without the need for a down payment, making homeownership more accessible.
Competitive Interest Rates: VA Loans provide favorable interest rates, reducing costs for veteran homebuyers.
PMI Exemption: Eliminating the need for private mortgage insurance, this exemption lowers monthly housing expenses for veterans.

MHS Lending: Your Trusted Partner for Eugene VA Loans

With expertise in VA Loans, MHS Lending offers specialized support to Eugene's veterans, guiding them through each step of the home buying process:

Expert Guidance: Our team offers personalized advice and insights, ensuring veterans understand their loan benefits and options.
Benefit Optimization: We assist veterans in maximizing their VA Loan benefits, aligning with their homeownership goals.
Streamlined Processes: Our commitment to efficient, clear communication facilitates a smooth home buying experience for Eugene's veterans.

Begin your homeownership journey in Eugene with MHS Lending's expert guidance. Get started now.