Monthly market report
The median single-family home on less than an acre in Central Oregon sold for $475,000 in February, up 22% from February 2020. 280 sold, 28 more than February 2020. Bend: 126 sales at a median of $605,000 (+32% from a year earlier), and the typical home went under contract in 4 days. Redmond: 72 sales at a median of $393,650 (+23% from a year earlier), and the typical home went under contract in 4 days.
The median home sold for $475,000 in February 2021, against a range of $365,000 to $475,000 since March 2018.
Feb 2021: Median sale price $475,000
Supply stayed at 4 months or under in 2021 through February and in all of 2020.
Feb 2021: 0.4 months, a seller's market
Oregon Data Share MLS data; Ryan Realty analysis, Central Oregon single-family homes on less than one acre, February 2021 · the charts are the 36 months to February 2021 as this edition stored them · MLS records as of Sep 24, 2026 · updated Sep 24, 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) · February 2021 edition, MLS records as of Sep 24, 2026
Bend and Redmond · February 2021
The median single-family home on less than an acre in Bend sold for $605,000 in February, up 32% from February 2020. 126 sold, 7 fewer than February 2020. Homes that sold went under contract in a median of 4 days. At the end of February, 80 were for sale against 1,318 sales over the past six months: 0.4 months of supply, a seller's market by our measure (4 months or less is a seller's market).
The median home sold for $605,000 in February 2021, against a range of $416,900 to $605,000 since March 2018.
Feb 2021: Median sale price $605,000
Oregon Data Share MLS data; Ryan Realty analysis, Bend single-family homes on less than one acre, February 2021 · the charts are the 36 months to February 2021 as this edition stored them · MLS records as of Sep 24, 2026 · updated Sep 24, 2026
Bend and Redmond · February 2021
The median single-family home on less than an acre in Redmond sold for $393,650 in February, up 23% from February 2020. 72 sold, 18 more than February 2020. Homes that sold went under contract in a median of 4 days. At the end of February, 31 were for sale against 610 sales over the past six months: 0.3 months of supply, a seller's market by our measure (4 months or less is a seller's market).
The median home sold for $393,650 in February 2021, against a range of $288,000 to $393,650 since March 2018.
Feb 2021: Median sale price $393,650
Oregon Data Share MLS data; Ryan Realty analysis, Redmond single-family homes on less than one acre, February 2021 · the charts are the 36 months to February 2021 as this edition stored them · MLS records as of Sep 24, 2026 · updated Sep 24, 2026
Oregon Data Share MLS data; Ryan Realty analysis. This edition counts closed sales and listings recorded through Sep 24, 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.
