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

Tue Sep 28 2021
This week the median list price for La Pine, OR 97739 is $464,900 with the market action index hovering around 44. This is less than last month's market action index of 46. Inventory has increased to 89. 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.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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

Tue Sep 28 2021
This week the median list price for La Pine, OR 97739 is $464,900 with the market action index hovering around 44. This is less than last month's market action index of 46. Inventory has increased to 89. 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.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 $464,900
Median Price of New Listings $375,000
Per Square Foot $288
Average Days on Market 49
Median Days on Market 42
Price Decreased 35%
Price Increased 0%
Relisted 3%
Inventory 89
Median Rent $2,000
Market Action 44
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$762,500 2,288 1 - 2.5 acres 3 2 21 2 2 63
$553,500 1,770 1 - 2.5 acres 3 2 19 1 1 42
$434,950 1,659 4,500 - 6,500 sqft 3 2 0 1 1 42
$349,000 1,210 0.5 - 1 acre 3 2 29 7 2 14