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Bend, OR

Single-Family Homes

Your Central Oregon Market Experts



Bend, OR

Sun Jun 16 2024
This week the median list price for Bend, OR is $1,025,000 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 577. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Bend, OR

Sun Jun 16 2024
This week the median list price for Bend, OR is $1,025,000 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 577. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Bend market.
Median List Price $1,025,000
Median Price of New Listings $799,000
Per Square Foot $467
Average Days on Market 66
Median Days on Market 42
Price Decreased 34%
Price Increased 3%
Relisted 2%
Inventory 577
Median Rent
Market Action 36
Slight Seller's Advantage

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

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
$2,254,500 3,678 0.5 - 1 acre 4 3.5 14 11 6 56
$1,350,000 2,607 0.25 - 0.5 acre 3 3 19 9 11 42
$849,000 2,145 8,000 - 10,000 sqft 3 2.5 21 13 14 28
$625,000 1,711 4,500 - 6,500 sqft 3 2 13 26 22 28