Monthly market report
The median single-family home on less than an acre in Central Oregon sold for $346,767 in May, up 8% from May 2016. 383 sold, 60 fewer than May 2016. Bend: 234 sales at a median of $378,250 (+4% from a year earlier), and the typical home went under contract in 11 days. Redmond: 70 sales at a median of $279,950 (+14% from a year earlier), and the typical home went under contract in 14 days.
The median home sold for $346,767 in May 2017, against a range of $249,975 to $359,409 since June 2014.
May 2017: Median sale price $346,767
Supply stayed at 4 months or under in 2017 through May and in all of 2016.
May 2017: 2.7 months, a seller's market
Oregon Data Share MLS data; Ryan Realty analysis, Central Oregon single-family homes on less than one acre, May 2017 · the charts are the 36 months to May 2017 as this edition stored them · MLS records as of Sep 23, 2026 · updated Sep 23, 2026
Central Oregon at a glance
Central Oregon, Bend and Redmond are read by month. The smaller towns sell fewer homes, so they are read over the last three months, which gives each median enough sales to stand on.
Press and hold a market to see its last 12 months.
A dash means too few sales to publish. A median needs 10 sales, and days to pending needs 10 sales with a pending date; a change from a year ago needs 30 sales in each year; a market call needs 30 sales in the last six months. 4 months of supply or less is a seller's market, above 4 and under 6 is balanced, 6 or more is a buyer's market. Months of supply is homes for sale at month end divided by the average monthly sales of the last six months.
Oregon Data Share MLS data; Ryan Realty analysis, single-family homes on less than one acre, except Terrebonne, Culver, Powell Butte and Camp Sherman (any lot size) · May 2017 edition, MLS records as of Sep 23, 2026
Bend and Redmond · May 2017
The median single-family home on less than an acre in Bend sold for $378,250 in May, up 4% from May 2016. 234 sold, 23 fewer than May 2016. Homes that sold went under contract in a median of 11 days. At the end of May, 466 were for sale against 1,137 sales over the past six months: 2.5 months of supply, a seller's market by our measure (4 months or less is a seller's market). By price the market splits: Under $400K, $400K to $500K and $500K to $600K ran as a seller's market, while $750K to $1M gave buyers more room.
The median home sold for $378,250 in May 2017, against a range of $282,462 to $395,000 since June 2014.
May 2017: Median sale price $378,250
Oregon Data Share MLS data; Ryan Realty analysis, Bend single-family homes on less than one acre, May 2017 · the charts are the 36 months to May 2017 as this edition stored them · MLS records as of Sep 23, 2026 · updated Sep 23, 2026
Bend and Redmond · May 2017
The median single-family home on less than an acre in Redmond sold for $279,950 in May, up 14% from May 2016. 70 sold, 14 fewer than May 2016. Homes that sold went under contract in a median of 14 days. At the end of May, 169 were for sale against 362 sales over the past six months: 2.8 months of supply, a seller's market by our measure (4 months or less is a seller's market).
The median home sold for $279,950 in May 2017, against a range of $189,000 to $285,000 since June 2014.
May 2017: Median sale price $279,950
Oregon Data Share MLS data; Ryan Realty analysis, Redmond single-family homes on less than one acre, May 2017 · the charts are the 36 months to May 2017 as this edition stored them · MLS records as of Sep 23, 2026 · updated Sep 23, 2026
Oregon Data Share MLS data; Ryan Realty analysis. This edition counts closed sales and listings recorded through Sep 23, 2026, and it is kept as published.
A dash means too few sales to publish. A median needs 10 sales, and days to pending needs 10 sales with a pending date; a change from a year ago needs 30 sales in each year; a market call needs 30 sales in the last six months. When a market falls short, the report prints a dash instead of an estimate.
4 months of supply or less is a seller's market, above 4 and under 6 is balanced, 6 or more is a buyer's market. Months of supply is homes for sale at month end divided by the average monthly sales of the last six months.
