The story of this market
The typical home in Bend, Oregon sells for about $728,000, or $365 per square foot.
Prices are roughly flat from a year ago (+0.4%), a market in balance. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $2,200 a month.
Monthly price momentum
Home values since 2015
+0.3%
OR · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Bend, Oregon
The Bend housing market has transitioned into a period of stability, with median prices holding steady after a period of volatility. While demand has softened compared to previous peaks, the market remains balanced with a three-month supply of inventory. Current conditions are driven by high construction costs and a cautious buyer base, resulting in a horizontal price trend.
No ARED county foreclosure postings attributed to Bend yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Deterministic aggregate of 5 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 1.4% year over year.
Homes spend a median of 62 days on market with 2.8 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 98.21% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 9.2% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A central feature of the city, providing year-round recreational opportunities including floating, kayaking, and scenic walking paths.
A historic industrial site transformed into a premier shopping, dining, and entertainment hub that anchors the city's social life.
A world-renowned mountain biking and hiking trail system that draws enthusiasts from across the country.
A historic downtown park along the Deschutes River, serving as a primary venue for community events and leisure.
A premier golf facility offering challenging play in a scenic forest setting, contributing to the area's high-end recreational appeal.
An iconic cinder cone offering panoramic views of the city and the Cascade Range, serving as a major tourist attraction.
Bend is ideal for outdoor-oriented families, remote professionals, and active retirees who prioritize lifestyle amenities over urban density. The city attracts buyers seeking a high quality of life, though the premium price point often necessitates significant capital or equity, making it less accessible for first-time buyers.
Bend-La Pine Schools is the primary district, generally regarded for high academic standards and strong community engagement. Many schools within the city consistently receive above-average ratings, reflecting a robust commitment to student achievement and extracurricular development.
Transportation is primarily car-dependent, with US-97 and US-20 serving as the main corridors. The city is actively working on transit improvements to enhance connectivity and reduce congestion.
Bend is a premier destination for outdoor enthusiasts, offering immediate access to the Deschutes River, extensive trail networks like Phil's Trail, and numerous parks such as Drake Park. The city's amenity base is a primary driver of property demand, blending high-end shopping and dining in the Old Mill District with world-class recreational opportunities.
The rental market in Bend remains competitive, with steady demand from both long-term residents and seasonal workers. While vacancy rates have tightened, the presence of short-term rentals is strictly regulated by city ordinances to balance tourism needs with housing availability for locals.
Bend's economy is anchored by healthcare, tourism, and a growing cluster of technology and remote-work professionals. The city maintains strong momentum, supported by a high quality of life that continues to attract talent and investment.
Bend continues to experience steady economic momentum driven by a diverse mix of healthcare, tourism, and remote-work professionals. Infrastructure development is focused on managing traffic flow and expanding utility capacity to support the city's ongoing residential and commercial expansion.
Development is focused on infill projects and the expansion of mixed-use districts to accommodate population growth while preserving the city's character. Major projects include the revitalization of the Bend Central District.
Parcels in Bend are subject to various special districts, including Bend-La Pine Schools, Bend Park & Recreation District, and local fire and emergency service districts.
Bend generally experiences lower violent crime rates compared to national averages, though property crime remains a focus for local law enforcement. Trends have remained relatively stable, with community-led safety initiatives and proactive policing helping to maintain a perception of safety in residential neighborhoods.
The region faces significant wildfire risk, particularly during dry summer months, which influences local insurance availability and premium costs. Residents are encouraged to maintain defensible space around properties, and the city actively manages fire-mitigation planning to protect the urban-wildland interface.
Property insurance in Bend is influenced by regional wildfire risk, leading to higher premiums and stricter underwriting requirements for homes in high-risk zones.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Oregon) — Active-Duty Military Property Tax Exemption: Allows for the exemption of a portion of the assessed value of a primary residence from local property taxes for a period of three to five years in standard zones, or up to 15 years in rural zones. State (Oregon) — Disabled Veteran or Surviving Spouse Property Tax Exemption: Provides a reduction in the assessed value of the primary residence, effectively lowering the property tax burden based on the exemption amount set by statute. State (Oregon) — Ad Valorem Property Tax: Tax is calculated on the lesser of Real Market Value (RMV) or Maximum Assessed Value (MAV). MAV is limited to a 3% annual growth rate unless physical changes occur to the property. The tax is the product of the taxable assessed value and the local taxing district's millage rate.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from data.census.gov; figures represent city-level estimates.
The federal school roster could not be retrieved on the last refresh — no list is shown rather than an unverified one. Source: NCES EDGE public school locations 2023-24.