Bend Oregon Real Estate Market Report — December 2025

Bend Oregon Market Report December 2025 | Ryan Realty — Ryan Realty

The December 2025 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 126 +27.3%
End-of-month inventory 287 +10.8%
Months of supply 2.28
Median sold price $697K -0.3%
Average sold price $884K
Total monthly $ volume $111.4M
Median days on market 47 days +12.5 days
Sale-to-list ratio 95.6%
Median price per sqft $362 -8.8%
Cash purchase share 21.4%
Median concessions $12K
Affordability monthly PITI $4K
Market health score 37.2 / 100 (Cool)

What the data is telling us

Months of supply at 2.28 classified Bend as a seller’s market for December 2025. A seller’s market — listings moved quickly with minimal concessions. The standard MoS thresholds: ≤4 = seller’s, 4-6 = balanced, ≥6 = buyer’s.

At 47 median days on market, Bend ran at typical Central Oregon pace.

Sale-to-list ratio at 95.6%. A home listed at $700,000 in December 2025 typically closed around $669,408.

Year-over-year movement was a modest -0.3% decline within typical seasonal range.

Month-over-month median price change: +0.3%. Rising from the prior month.

5-year trend charts

Trailing 60 months of Bend single-family monthly cache data ending at December 2025. Hover over any chart to see the exact value for any month.

Median sold price
$697K latest (Dec 2025)
5-YEAR TREND
through Dec 2025
Monthly sold count
126 latest (Dec 2025)
5-YEAR TREND
through Dec 2025
End-of-month inventory
287 latest (Dec 2025)
5-YEAR TREND
through Dec 2025
Median days on market
47 latest (Dec 2025)
5-YEAR TREND
through Dec 2025
Sale-to-list ratio
95.6% latest (Dec 2025)
5-YEAR TREND
through Dec 2025
Median price per sqft
$363 latest (Dec 2025)
5-YEAR TREND
through Dec 2025
Average sold price
$884K latest (Dec 2025)
5-YEAR TREND
through Dec 2025
Total monthly $ volume
$111.4M latest (Dec 2025)
5-YEAR TREND
through Dec 2025
Market health score
37.2 latest (Dec 2025)
5-YEAR TREND
through Dec 2025
YoY median price change
-0.3% latest (Dec 2025)
5-YEAR TREND
through Dec 2025
MoM median price change
+0.3% latest (Dec 2025)
5-YEAR TREND
through Dec 2025
Cash purchase %
21.4% latest (Dec 2025)
5-YEAR TREND
through Dec 2025

What this meant for buyers

Buyers in Bend during December 2025 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 December 2025 should have priced tight to comparable sales. The 95.6% 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 — December 2025

City Median Sold Sold Count Months of Supply Sale-to-list
Bend $697K 126 2.28 95.6%
Redmond $510K 49 1.51 97.0%
Sisters $800K 11 1.73 93.5%
La Pine $415K 13 5.92 94.8%

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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Browse Bend listings →   Live Bend Oregon market stats →

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: 2025-12-01 to 2025-12-31 (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.