Bend Oregon Real Estate Market Report — February 2026

Bend Oregon Market Report February 2026 | Ryan Realty — Ryan Realty

The February 2026 snapshot of Bend’s single-family residential market. All figures pulled directly from the MLS via Ryan Realty’s market statistics cache, verified by Matt Ryan, licensed Oregon Principal Broker (license #201206613). Single-family residences only (PropertyType=A). Charts below show the trailing 5 years of monthly data — hover over any chart to read the exact value for that month.

At a glance

Metric Value YoY change
Homes sold 117 +24.5%
End-of-month inventory 279 -6.1%
Months of supply 2.38
Median sold price $705K +1.1%
Average sold price $928K
Total monthly $ volume $108.6M
Median days on market 43 days +18.5 days
Sale-to-list ratio 94.4%
Median price per sqft $376 +2.5%
Cash purchase share 28.2%
Median concessions $8K
Affordability monthly PITI $4K
Market health score 39.4 / 100 (Cool)

What the data is telling us

Months of supply at 2.38 classified Bend as a seller’s market for February 2026. A seller’s market — listings moved quickly with minimal concessions. The standard MoS thresholds: ≤4 = seller’s, 4-6 = balanced, ≥6 = buyer’s.

At 43 median days on market, Bend ran at typical Central Oregon pace.

Sale-to-list ratio at 94.4%. A home listed at $700,000 in February 2026 typically closed around $661,082.

Year-over-year movement was small (+1.1%).

Month-over-month median price change: +4.6%. Rising from the prior month.

5-year trend charts

Trailing 60 months of Bend single-family monthly cache data ending at February 2026. Hover over any chart to see the exact value for any month.

Median sold price
$705K latest (Feb 2026)
5-YEAR TREND
through Feb 2026
Monthly sold count
117 latest (Feb 2026)
5-YEAR TREND
through Feb 2026
End-of-month inventory
279 latest (Feb 2026)
5-YEAR TREND
through Feb 2026
Median days on market
43 latest (Feb 2026)
5-YEAR TREND
through Feb 2026
Sale-to-list ratio
94.4% latest (Feb 2026)
5-YEAR TREND
through Feb 2026
Median price per sqft
$377 latest (Feb 2026)
5-YEAR TREND
through Feb 2026
Average sold price
$928K latest (Feb 2026)
5-YEAR TREND
through Feb 2026
Total monthly $ volume
$108.6M latest (Feb 2026)
5-YEAR TREND
through Feb 2026
Market health score
39.4 latest (Feb 2026)
5-YEAR TREND
through Feb 2026
YoY median price change
+1.1% latest (Feb 2026)
5-YEAR TREND
through Feb 2026
MoM median price change
+4.6% latest (Feb 2026)
5-YEAR TREND
through Feb 2026
Cash purchase %
28.2% latest (Feb 2026)
5-YEAR TREND
through Feb 2026

What this meant for buyers

Buyers in Bend during February 2026 faced a seller’s market. Pre-approval and decisive offers were essential — well-priced homes pended fast.

For buyers shopping Bend now, get MLS-direct listing alerts — you see new listings 24-48 hours before Zillow.

What this meant for sellers

Sellers in Bend during February 2026 should have priced tight to comparable sales. The 94.4% sale-to-list ratio meant overpricing on day one led to longer time-on-market and weaker final close prices.

For sellers wanting a real read on their specific home, get a free CMA in 24 hours.

How Bend compared across Central Oregon — February 2026

City Median Sold Sold Count Months of Supply Sale-to-list
Bend $705K 117 2.38 94.4%
Redmond $500K 37 2.14 96.6%
Sisters $596K 4 6.25
La Pine $377K 20 4.05 96.7%

Get a custom read on your Bend home

If you want a market read on your specific Bend home, request a free CMA from a licensed Oregon principal broker. Real comps from your subdivision, real adjustments for your specific property. Free, 24 hours.

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About Matt Ryan

Matt Ryan is a licensed Oregon Principal Broker (license #201206613), owner of Ryan Realty LLC, with 12 years of Central Oregon real estate experience. Office: 115 NW Oregon Avenue, Bend OR 97703. Call 541-213-6706.


Methodology & data sources

All figures on this page come from Ryan Realty’s market_stats_cache table, derived from the COAR/MLSCO MLS feed for Central Oregon and refreshed daily. Scope: SFR-only (PropertyType=A, Single Family Residence).

  • Geographic scope: City = “Bend”, Property Type = A (Single-family residence). Excludes condos, townhomes, manufactured homes, and land.
  • Reporting period: 2026-02-01 to 2026-02-28 (one calendar month).
  • Sold count: Count of listings with CloseDate in the reporting period.
  • End-of-month inventory: Count of listings active at end of period (reconstructed from OnMarketDate, pending_timestamp, off_market_date, CloseDate).
  • Months of supply: end_of_period_inventory ÷ monthly sold_count.
  • Median DOM: Median list-to-pending days for closings in the period.
  • Sale-to-list ratio: Average of (close price ÷ original list price) across closings.
  • YoY metrics: Comparison vs same calendar month one year prior.
  • Market health score: Composite indicator from 0-100 derived from sold velocity, days on market, sale-to-list ratio, and inventory dynamics.
  • Charts: Trailing 60 months (5 years) of monthly cache data ending at the report month. Charts rendered with Chart.js v4; hover over any chart to read the exact value at any month.