Enjoy Bend Life Real Estate Group | Realty ONE Group Discovery

Bend, OR 97707

Single-Family Homes

Reed Melton | www.EnjoyBendLife.com | (541) 408-6625 | Reed@EnjoyBendLife.com



Bend, OR 97707

Wed Apr 16 2025
This week the median list price for Bend, OR 97707 is $1,172,450 with the market action index hovering around 30. This is less than last month's market action index of 33. Inventory has increased to 64. Click here to stay informed with the Bend market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Bend, OR 97707

Wed Apr 16 2025
This week the median list price for Bend, OR 97707 is $1,172,450 with the market action index hovering around 30. This is less than last month's market action index of 33. Inventory has increased to 64. Click here to stay informed with the Bend market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Bend market.
Median List Price $1,172,450
Median Price of New Listings $695,000
Per Square Foot $441
Average Days on Market 113
Median Days on Market 60
Price Decreased 34%
Price Increased 0%
Relisted 6%
Inventory 64
Median Rent
Market Action 30
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,624,500 4,331 0.25 - 0.5 acre 5 5.3 6 1 1 56
$1,519,500 3,106 0.25 - 0.5 acre 4 3.3 11 2 0 42
$877,000 1,984 0.5 - 1 acre 3 2.5 18 0 1 143
$572,500 1,511 0.5 - 1 acre 3 2 24 4 1 49