Monthly market report
The median single-family home on less than an acre in Central Oregon sold for $569,995 in February, down 11% from February 2022. 199 sold, 81 fewer than February 2022. Bend: 118 sales at a median of $668,750 (−15% from a year earlier), and the typical home went under contract in 44 days. Redmond: 40 sales at a median of $450,000 (−11% from a year earlier), and the typical home went under contract in 56 days.
The median home sold for $569,995 in February 2023, against a range of $400,000 to $656,170 since March 2020.
Feb 2023: Median sale price $569,995
Supply stayed at 4 months or under in 2023 through February and in all of 2022.
Feb 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, February 2023 · the charts are the 36 months to February 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) · February 2023 edition, MLS records as of Sep 23, 2026
Bend and Redmond · February 2023
The median single-family home on less than an acre in Bend sold for $668,750 in February, down 15% from February 2022. 118 sold, 23 fewer than February 2022. Homes that sold went under contract in a median of 44 days. At the end of February, 195 were for sale against 831 sales over the past six months: 1.4 months of supply, a seller's market by our measure (4 months or less is a seller's market).
The median home sold for $668,750 in February 2023, against a range of $439,500 to $785,000 since March 2020.
Feb 2023: Median sale price $668,750
Oregon Data Share MLS data; Ryan Realty analysis, Bend single-family homes on less than one acre, February 2023 · the charts are the 36 months to February 2023 as this edition stored them · MLS records as of Sep 23, 2026 · updated Sep 23, 2026
Bend and Redmond · February 2023
The median single-family home on less than an acre in Redmond sold for $450,000 in February, down 11% from February 2022. 40 sold, 21 fewer than February 2022. Homes that sold went under contract in a median of 56 days. At the end of February, 101 were for sale against 320 sales over the past six months: 1.9 months of supply, a seller's market by our measure (4 months or less is a seller's market).
The median home sold for $450,000 in February 2023, against a range of $329,900 to $549,900 since March 2020.
Feb 2023: Median sale price $450,000
Oregon Data Share MLS data; Ryan Realty analysis, Redmond single-family homes on less than one acre, February 2023 · the charts are the 36 months to February 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.
