Our clients, colleagues and community are the heartbeat of our local real estate business. Because of you, we work hard to minimize stress around making real estate decisions, which can sometimes feel overwhelming and emotional. One way we do this is to curate and report historical data for the Bend residential real estate market.
By putting these market trends—both monthly and annually—into the mix, we help our clients make big-picture, data-driven decisions that provide them with agency and confidence.
With that intent, we’re excited to share our 2026 Annual Market Study. This comprehensive report with data spanning 10 years for the Bend residential real estate market includes metrics for single-family homes, homes on acreage, condominiums and townhomes, residential lots, lots on acreage and multi-family homes.
This annual report provides us with the opportunity to present contextual data and present very specific dynamics unique to Bend.
For example, the high-level headline on the annual median sales price in Bend is that it’s statistically flat. At $735,000 in 2025, it’s within 1% of $730,000 in 2024. However, when we factor in median sales prices for each of Bend’s three zip codes, it shows the nuances of pricing and sales activity by area. The annual median sales price was down in both the 97701 and 97702 zip codes last year, but up 4% in 97703, where the median sales price is substantially higher. (You can see more detailed info by zip code below and in the report.)
Other metrics demonstrate steady growth over the last three years, including home sales, which were up 11% since 2023, and new listings, which were up 20%. See more highlights from the Annual Market Study below.
Once you have a chance to check out this report, we hope you’ll contact us with your questions about Bend’s market trends. We’re also ready to help you plan your real estate decisions based on our deep experience in Bend and our detailed historical data.
—Jason
Median Sales Price of Single-Family Homes
- The annual median sales price in Bend was $735,000 in 2025, within 1% of $730,000 in 2024.
- The median sales price in the 97701 zip code was $621,600 in 2025, within 1% of $624,900 in 2024.
- In the 97702 zip code, the median sales price was down 7% last year, from $716,755 in 2024 to $670,000 in 2025.
- The median sales price in the 97703 zip code was up 4% last year, from $1,135,000 to $1,180,000.
- Over the last 10 years, the median sales price in Bend has increased from $360,000 in 2016 to $735,000 last year, a growth of 104%.
Home Sales
- Annual home sales in Bend were up 10% in 2025, from 1,614 in 2024 to 1,769 last year.
- Home sales have risen steadily over the last three years, from 1,592 in 2023 to 1,769 in 2025, an 11% increase.
Active Listings
- The monthly average of active listings in Bend was up 37% last year, from an average of 399 listings in 2024 to 547 in 2025.
- Active listings are up 82% over the last three years, from 289 in 2023 to 547 in 2025.
New Listings
- The monthly average of new listings in Bend was up 6% in 2025, from an average of 172 in 2024 to 183 last year.
- New listings have risen steadily over the last three years, from 153 in 2023 to 183 last year, an increase of 20%.
Days On Market
- At 68 days in 2025, the monthly average of the days on market is up 31% from 52 days in 2024.
- Over the last three years, the days on market have extended from 36 days, an 89% increase.
*In 2020, the MLS of Central Oregon changed database/software providers, which reduced the measurable span of some of our metrics
