Prices climbed and well-priced homes moved fast in Bend in May, while the number of sales fell and inventory held steady.
The May numbers
- Median sale price: $797,000, up 3.6% from $770,000 in May 2025
- Homes sold: 120, down 11.1% from 135 a year earlier
- Median days on market: 12, down from 18 last May
- Median price per square foot: $410
- Average sale-to-list ratio: 97.5%
- Cash purchases: 25.8% of closings
- Active listings at month end: 503, near flat against 502 a year ago
Single-family residences only, pulled from our live MLS database and as of Sep 4, 2026.
If you are selling
Homes that closed in May went pending in a median 12 days, yet 56.6% of them still sold under asking and 12.3% of today's active listings have already cut their price. The median active listing in Bend has now been sitting for 43 days. Price to the comps and your timeline looks like the 12-day group. Price to hope and you join the 43-day group, where the eventual reduction costs more than pricing right would have.
If you are buying
Bend is carrying 531 active listings as of June 10, months of supply sits at 4.8, and that is balanced territory by the standard measure. New construction makes up 28.1% of what is for sale. The fast-moving homes are the well-priced ones. On anything that has sat past the 43-day median you have room to negotiate, and 20.7% of May closings still went over asking.
The bottom line
Demand for well-priced homes is strong, and supply is no longer scarce. If you want to know what your home would bring in this market, request a valuation and we will run the comps. If you are shopping, browse current Bend listings or check the live Bend market dashboard for the numbers as they move.
Matt RyanOwner & Principal Broker at Ryan Realty.