Bend, OR metro area Housing Market
Cool MarketComprehensive housing market data for the Bend, OR metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$640K
↓ 6.6% YoY
Days on Market
40 days
↓ 25.9% YoY
Active Inventory
1,282
↓ 0.7% YoY
Homes Sold
314
↑ 4.3% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Bend, OR metro area Market Summary
The Bend, OR metro area housing market is cooling down. As of March 2026, the median home sale price is $640K, down 6.6% year-over-year. Homes are spending a median of 40 days on the market, 25.9% shorter than a year ago.
There are 1,282 homes for sale — 0.7% fewer than last year. With 4.1 months of supply, this is a balanced market. 610 new listings were added during this period, up 11.1% year-over-year.
Homes are selling for 98.7% of their list price on average, suggesting room for negotiation. 18.8% of homes sell above their asking price. 25.7% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
72
Contributing Factors
How This Market Compares
vs. National Median
vs. Oregon Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 46% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
Bend, OR metro area Market Trends
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Detailed Market Metrics
Median List Price
$685K
Price per Sq Ft
$361
Sale-to-List Ratio
98.7%
Months of Supply
4.1
Sold Above List
18.8%
Price Drops
25.7%
New Listings
610
↑ 11.1% YoY
Pending Sales
388
Off Market in 2 Weeks
40.5%
Other Markets in Oregon
Portland, OR metro area
$553K · 31d on market
Salem, OR metro area
$450K · 71d on market
Eugene, OR metro area
$446K · 32d on market
Medford, OR metro area
$465K · 31d on market
Albany, OR metro area
$425K · 94d on market
Grants Pass, OR metro area
$415K · 50d on market
Roseburg, OR metro area
$345K · 63d on market
Hermiston, OR metro area
$341K · 82d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.