Bend, OR metro area Housing Market
Cold 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: January 2026
Median Sale Price
$689K
↑ 2.3% YoY
Days on Market
94 days
↑ 11.9% YoY
Active Inventory
933
↓ 10.1% YoY
Homes Sold
216
↓ 17.6% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Bend, OR metro area Market Summary
The Bend, OR metro area housing market is cooling down. As of January 2026, the median home sale price is $689K, up 2.3% year-over-year. Homes are spending a median of 94 days on the market, 11.9% longer than a year ago.
There are 933 homes for sale — 10.1% fewer than last year. With 4.3 months of supply, this is a balanced market. 297 new listings were added during this period, down 11.1% year-over-year.
Homes are selling for 98.1% of their list price on average, suggesting room for negotiation. 10.2% of homes sell above their asking price. 28.9% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
78
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 63% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
Bend, OR metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$699K
Price per Sq Ft
$374
Sale-to-List Ratio
98.1%
Months of Supply
4.3
Sold Above List
10.2%
Price Drops
28.9%
New Listings
297
↓ 11.1% YoY
Pending Sales
303
Off Market in 2 Weeks
21.4%
Other Markets in Oregon
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Medford, OR metro area
$422K · 68d on market
Albany, OR metro area
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Hermiston, OR metro area
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Coos Bay, OR metro area
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Newport, OR metro area
$488K · 105d 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.