Monthly market report
The median single-family home on less than an acre in Central Oregon sold for $564,250 in January, down 5% from January 2022. 164 sold, 109 fewer than January 2022. Bend: 88 sales at a median of $684,950 (+1% from a year earlier), and the typical home went under contract in 29 days. Redmond: 38 sales at a median of $433,975 (−15% from a year earlier), and the typical home went under contract in 31 days.
The median home sold for $564,250 in January 2023, against a range of $389,225 to $656,170 since February 2020.
Jan 2023: Median sale price $564,250
Supply stayed at 4 months or under in 2023 through January and in all of 2022.
Jan 2023: 1.8 months, a seller's market
Oregon Data Share MLS data; Ryan Realty analysis, Central Oregon single-family homes on less than one acre, January 2023 · the charts are the 36 months to January 2023 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) · January 2023 edition, MLS records as of Sep 23, 2026
Bend and Redmond · January 2023
The median single-family home on less than an acre in Bend sold for $684,950 in January, up 1% from January 2022. 88 sold, 53 fewer than January 2022. Homes that sold went under contract in a median of 29 days. At the end of January, 227 were for sale against 914 sales over the past six months: 1.5 months of supply, a seller's market by our measure (4 months or less is a seller's market).
The median home sold for $684,950 in January 2023, against a range of $439,500 to $785,000 since February 2020.
Jan 2023: Median sale price $684,950
Oregon Data Share MLS data; Ryan Realty analysis, Bend single-family homes on less than one acre, January 2023 · the charts are the 36 months to January 2023 as this edition stored them · MLS records as of Sep 23, 2026 · updated Sep 23, 2026
Bend and Redmond · January 2023
The median single-family home on less than an acre in Redmond sold for $433,975 in January, down 15% from January 2022. 38 sold, 12 fewer than January 2022. Homes that sold went under contract in a median of 31 days. At the end of January, 98 were for sale against 345 sales over the past six months: 1.7 months of supply, a seller's market by our measure (4 months or less is a seller's market).
The median home sold for $433,975 in January 2023, against a range of $319,850 to $549,900 since February 2020.
Jan 2023: Median sale price $433,975
Oregon Data Share MLS data; Ryan Realty analysis, Redmond single-family homes on less than one acre, January 2023 · the charts are the 36 months to January 2023 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.
