Bend Oregon Market Statistics
Bend Oregon Real Estate Market Statistics
Updated: May 7, 2026. Refreshed by the 5th of each month from MLS direct data.
This page is the live, ongoing snapshot of Bend’s single-family real estate market. Numbers update monthly. Every figure on this page traces to a verified MLS query, not an estimate or a third-party algorithm. Matt Ryan, licensed Oregon principal broker, is responsible for the accuracy of these figures.
At a Glance — May 2026
| Metric | Value | Notes |
|---|---|---|
| Active SFR listings | **874** | Single-family, all price tiers |
| Median list price (active) | **$800,000** | Calculated from active inventory |
| Median sold price | **$680,000** | Last 6 months, 1,045 closings |
| Median days to pending | **28 days** | Calendar days from list to pending status |
| Median sale-to-list ratio | **96.8%** | Final close price as % of original list |
| Median price per sqft (sold) | **$383** | Last 6 months |
| Months of supply | **5.0** | Balanced market |
| Market classification | **Balanced** | Between 4 and 6 months of supply |
| Year-over-year median sold change | **-9.1%** | $680K vs $748K (May 2026 vs May 2025) |
Active Inventory by Price Band
| Price band | Active listings | Share of inventory |
|---|---|---|
| Under $500K | 135 | 15.4% |
| $500K to $750K | 256 | 29.3% |
| $750K to $1M | 146 | 16.7% |
| $1M to $1.5M | 134 | 15.3% |
| $1.5M to $2.5M | 153 | 17.5% |
| Over $2.5M | 50 | 5.7% |
The largest share of Bend’s active inventory sits in the $500K to $750K band. Buyers in this band have the most options. Sellers above $1.5M face longer decisions and a smaller pool of qualified buyers.
What These Numbers Mean
Months of supply at 5.0 = balanced market. Neither side holds a structural advantage. Sellers cannot expect bidding wars on every listing the way they could in 2021 to 2022. Buyers cannot expect to negotiate aggressively the way they could in early 2024. Both sides have to be precise on price.
Median sale-to-list at 96.8% means most sellers take a small concession. A home listed at $700,000 typically closes around $677,000. This is normal in a balanced market. The number was 99.2% during the 2022 frenzy and 95.8% in late 2024 when inventory peaked.
Year-over-year price decline of 9.1% is the cooldown signal. Bend’s median sold price has come off its 2025 peak. This is broadly consistent with what is happening across Oregon and the western US. It does not mean a crash is in progress. It means the market is finding equilibrium after several years of aggressive appreciation.
Days to pending at 28 days is fast for a balanced market. In a true buyer’s market, expect 60 plus. In a seller’s frenzy, expect 7 to 14. Twenty-eight days means well-priced homes still move quickly, but overpriced homes sit.
Methodology
All figures on this page are calculated from the MLS data feed for Central Oregon (COAR/MLSCO) refreshed daily into Ryan Realty’s internal database (Supabase project dwvlophlbvvygjfxcrhm).
Filters applied:
City = 'Bend'PropertyType = 'A'(single-family residential, excludes condos, townhomes, manufactured, land)- For the 6-month window:
StandardStatus = 'Closed' AND CloseDate >= 2025-11-08 - For active inventory:
StandardStatus = 'Active'
Months of supply formula: active_listings / (closed_last_6_months / 6). Thresholds: 4.0 or less is a seller’s market, 4.0 to 6.0 is balanced, 6.0 or more is a buyer’s market. Source: National Association of Realtors / Federal Reserve.
Sale-to-list ratio: Final close price divided by the original list price (not the last list price). This captures the impact of price drops over the marketing period.
If you find a number on this page that disagrees with another source, send it to Matt directly. We update by the 5th of each month and will correct any verified discrepancy faster than that.
How This Compares to Other Bend Markets
The figures above are for Bend (city) single-family residential. Other markets in Central Oregon trade at different price points and pace:
| Market | Median sold | Months of supply | Pace |
|---|---|---|---|
| **Bend (citywide)** | $680K | 5.0 | Balanced |
| Sunriver | check market page | check market page | Resort-driven |
| Sisters | check market page | check market page | Boutique pace |
| Redmond | check market page | check market page | Value-tier alternative |
| Black Butte Ranch | $1,050,000 | 10.9 | Buyer-leaning |
| Powell Butte | $1,125,000 | 15.1 | Buyer-leaning |
| Madras | $345,000 | 7.6 | Buyer-leaning |
Each linked page above maintains its own monthly stats refresh.
Get a Custom Read on Your Home or Search
If you want a market read on your specific home or a specific subdivision, request a free CMA. Matt will pull the comps that actually match your property (same neighborhood, same lot size band, same sqft band, same age band) and tell you what the market is paying for it right now. Free, 24 hours, no obligation, real broker, real comps.
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If you are buying, request MLS-direct listing alerts. You will see new listings 24 to 48 hours before Zillow and Redfin do, because their alerts pull from a delayed scrape and ours pull straight from the MLS feed.
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