Monthly market report
The median single-family home on less than an acre in Central Oregon sold for $575,000 in March, down 12% from March 2022. 262 sold, 181 fewer than March 2022. Bend: 131 sales at a median of $685,000 (−11% from a year earlier), and the typical home went under contract in 12 days. Redmond: 44 sales at a median of $438,881 (−18% from a year earlier), and the typical home went under contract in 20 days.
The median home sold for $575,000 in March 2023, against a range of $400,000 to $656,170 since April 2020.
Mar 2023: Median sale price $575,000
Supply stayed at 4 months or under in 2023 through March and in all of 2022.
Mar 2023: 2.1 months, a seller's market
Oregon Data Share MLS data; Ryan Realty analysis, Central Oregon single-family homes on less than one acre, March 2023 · the charts are the 36 months to March 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) · March 2023 edition, MLS records as of Sep 23, 2026
Bend and Redmond · March 2023
The median single-family home on less than an acre in Bend sold for $685,000 in March, down 11% from March 2022. 131 sold, 91 fewer than March 2022. Homes that sold went under contract in a median of 12 days. At the end of March, 220 were for sale against 764 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 $685,000 in March 2023, against a range of $439,500 to $785,000 since April 2020.
Mar 2023: Median sale price $685,000
Oregon Data Share MLS data; Ryan Realty analysis, Bend single-family homes on less than one acre, March 2023 · the charts are the 36 months to March 2023 as this edition stored them · MLS records as of Sep 23, 2026 · updated Sep 23, 2026
Bend and Redmond · March 2023
The median single-family home on less than an acre in Redmond sold for $438,881 in March, down 18% from March 2022. 44 sold, 72 fewer than March 2022. Homes that sold went under contract in a median of 20 days. At the end of March, 109 were for sale against 311 sales over the past six months: 2.1 months of supply, a seller's market by our measure (4 months or less is a seller's market).
The median home sold for $438,881 in March 2023, against a range of $336,594 to $549,900 since April 2020.
Mar 2023: Median sale price $438,881
Oregon Data Share MLS data; Ryan Realty analysis, Redmond single-family homes on less than one acre, March 2023 · the charts are the 36 months to March 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.
