Enjoy Bend Life Real Estate Group | Realty ONE Group Discovery

Bend, OR 97703

Single-Family Homes

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


Bend, OR 97703

Tue Jul 14 2026
This week the median list price for Bend, OR 97703 is $1,399,000 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has increased to 216. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Bend, OR 97703

Tue Jul 14 2026
This week the median list price for Bend, OR 97703 is $1,399,000 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has increased to 216. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Bend market.
Median List Price $1,399,000
Median Price of New Listings $995,000
Per Square Foot $530
Average Days on Market 120
Median Days on Market 63
Price Decreased 45%
Price Increased 1%
Relisted 4%
Inventory 216
Median Rent
Market Action 32
Slight Seller's Advantage

Prices in this zip code have been on a downward trend in the last few weeks and this week, while essentially flat, doesn’t break us out of that cycle.

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
$2,212,500 3,498 0.5 - 1 acre 4 3.5 11 4 5 66
$1,549,000 2,583 8,000 - 10,000 sqft 3 3 14 0 1 80
$1,207,000 2,603 0.25 - 0.5 acre 4 2.8 25 2 3 66
$799,450 1,851 6,500 - 8,000 sqft 3 2 27 7 7 38