Monthly market report
The median single-family home on less than an acre in Central Oregon sold for $642,500 in May, up 18% from May 2021. 426 sold, 32 fewer than May 2021. Bend: 226 sales at a median of $740,000 (+18% from a year earlier), and the typical home went under contract in 5 days. Redmond: 97 sales at a median of $530,000 (+15% from a year earlier), and the typical home went under contract in 5 days.
The median home sold for $642,500 in May 2022, against a range of $374,900 to $649,900 since June 2019.
May 2022: Median sale price $642,500
Supply stayed at 4 months or under in 2022 through May and in all of 2021.
May 2022: 1.2 months, a seller's market
Oregon Data Share MLS data; Ryan Realty analysis, Central Oregon single-family homes on less than one acre, May 2022 · the charts are the 36 months to May 2022 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) · May 2022 edition, MLS records as of Sep 24, 2026
Bend and Redmond · May 2022
The median single-family home on less than an acre in Bend sold for $740,000 in May, up 18% from May 2021. 226 sold, 17 fewer than May 2021. Homes that sold went under contract in a median of 5 days. At the end of May, 227 were for sale against 1,121 sales over the past six months: 1.2 months of supply, a seller's market by our measure (4 months or less is a seller's market).
The median home sold for $740,000 in May 2022, against a range of $430,500 to $785,000 since June 2019.
May 2022: Median sale price $740,000
Oregon Data Share MLS data; Ryan Realty analysis, Bend single-family homes on less than one acre, May 2022 · the charts are the 36 months to May 2022 as this edition stored them · MLS records as of Sep 24, 2026 · updated Sep 24, 2026
Bend and Redmond · May 2022
The median single-family home on less than an acre in Redmond sold for $530,000 in May, up 15% from May 2021. 97 sold, 15 fewer than May 2021. Homes that sold went under contract in a median of 5 days. At the end of May, 75 were for sale against 477 sales over the past six months: 0.9 months of supply, a seller's market by our measure (4 months or less is a seller's market).
The median home sold for $530,000 in May 2022, against a range of $314,000 to $544,835 since June 2019.
May 2022: Median sale price $530,000
Oregon Data Share MLS data; Ryan Realty analysis, Redmond single-family homes on less than one acre, May 2022 · the charts are the 36 months to May 2022 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.
