Monthly market report
The median single-family home on less than an acre in Central Oregon sold for $644,458 in October, up 11% from October 2022. 256 sold, 77 fewer than October 2022. Bend: 147 sales at a median of $735,000 (+8% from a year earlier), and the typical home went under contract in 16 days. Redmond: 50 sales at a median of $522,500 (+8% from a year earlier), and the typical home went under contract in 31 days.
The median home sold for $644,458 in October 2023, against a range of $449,000 to $656,170 since November 2020.
Oct 2023: Median sale price $644,458
Supply stayed at 4 months or under in 2023 through October and in all of 2022.
Oct 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, October 2023 · the charts are the 36 months to October 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) · October 2023 edition, MLS records as of Sep 23, 2026
Bend and Redmond · October 2023
The median single-family home on less than an acre in Bend sold for $735,000 in October, up 8% from October 2022. 147 sold, 28 fewer than October 2022. Homes that sold went under contract in a median of 16 days. At the end of October, 318 were for sale against 1,004 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 $735,000 in October 2023, against a range of $525,000 to $793,705 since November 2020.
Oct 2023: Median sale price $735,000
Oregon Data Share MLS data; Ryan Realty analysis, Bend single-family homes on less than one acre, October 2023 · the charts are the 36 months to October 2023 as this edition stored them · MLS records as of Sep 23, 2026 · updated Sep 23, 2026
Bend and Redmond · October 2023
The median single-family home on less than an acre in Redmond sold for $522,500 in October, up 8% from October 2022. 50 sold, 31 fewer than October 2022. Homes that sold went under contract in a median of 31 days. At the end of October, 157 were for sale against 411 sales over the past six months: 2.3 months of supply, a seller's market by our measure (4 months or less is a seller's market).
The median home sold for $522,500 in October 2023, against a range of $369,960 to $549,900 since November 2020.
Oct 2023: Median sale price $522,500
Oregon Data Share MLS data; Ryan Realty analysis, Redmond single-family homes on less than one acre, October 2023 · the charts are the 36 months to October 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.
