Enjoy Bend Life Real Estate | Stellar Realty

La Pine, OR 97739

Single-Family Homes

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



La Pine, OR 97739

Sun Aug 01 2021
This week the median list price for La Pine, OR 97739 is $509,990 with the market action index hovering around 52. This is less than last month's market action index of 55. Inventory has increased to 58. Click here to stay informed with the La Pine market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

La Pine, OR 97739

Sun Aug 01 2021
This week the median list price for La Pine, OR 97739 is $509,990 with the market action index hovering around 52. This is less than last month's market action index of 55. Inventory has increased to 58. Click here to stay informed with the La Pine market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the La Pine market.
Median List Price $509,990
Median Price of New Listings $499,000
Per Square Foot $324
Average Days on Market 28
Median Days on Market 21
Price Decreased 34%
Price Increased 0%
Relisted 3%
Inventory 58
Median Rent $1,875
Market Action 52
Strong Seller's Market

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
$785,000 2,252 2.5 - 5 acres 3 2 38 2 0 45
$598,000 1,688 1 - 2.5 acres 3 2 23 4 0 10
$485,000 1,741 1 - 2.5 acres 3 2 17 3 4 28
$399,900 1,232 1 - 2.5 acres 3 2 21 6 6 14