Enjoy Bend Life Real Estate Group | Realty ONE Group Discovery
Bend, OR 97702
Single-Family Homes
Reed Melton | www.EnjoyBendLife.com | (541) 408-6625 | Reed@EnjoyBendLife.com
Bend, OR 97702
Tue Aug 04 2026
This week the median list price for Bend, OR 97702 is $749,900 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has increased to 285.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.
Real-Time Market Profile
| Median List Price | $749,900 | |
| Median Price of New Listings | $689,500 | |
| Per Square Foot | $373 | |
| Average Days on Market | 103 | |
| Median Days on Market | 63 | |
| Price Decreased | 54% | |
| Price Increased | 4% | |
| Relisted | 5% | |
| Inventory | 285 | |
| Median Rent | ||
| Market Action | 33 | |
| Slight Seller's Advantage | ||
While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.
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 |
|---|---|---|---|---|---|---|---|---|
| $1,997,000 | 3,238 | 0.5 - 1 acre | 4 | 4 | 16 | 2 | 4 | 70 |
| $890,000 | 2,554 | 6,500 - 8,000 sqft | 4 | 3 | 22 | 5 | 9 | 56 |
| $675,000 | 2,010 | 4,500 - 6,500 sqft | 3 | 3 | 8 | 5 | 3 | 70 |
| $549,000 | 1,604 | 0 - 4,500 sqft | 3 | 3 | 20 | 6 | 9 | 56 |