Monthly market report
The median single-family home on less than an acre in Central Oregon sold for $625,000 in August, down 2% from August 2023. 299 sold, 55 fewer than August 2023. Bend: 169 sales at a median of $720,000 (−3% from a year earlier), and the typical home went under contract in 21 days. Redmond: 63 sales at a median of $499,000 (−4% from a year earlier), and the typical home went under contract in 28 days.
The median home sold for $625,000 in August 2024, against a range of $523,500 to $658,330 since September 2021.
Aug 2024: Median sale price $625,000
Supply stayed at 4 months or under in 2024 through August and in all of 2023.
Aug 2024: 3.2 months, a seller's market
Oregon Data Share MLS data; Ryan Realty analysis, Central Oregon single-family homes on less than one acre, August 2024 · the charts are the 36 months to August 2024 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) · August 2024 edition, MLS records as of Sep 23, 2026
Bend and Redmond · August 2024
The median single-family home on less than an acre in Bend sold for $720,000 in August, down 3% from August 2023. 169 sold, 16 fewer than August 2023. Homes that sold went under contract in a median of 21 days. At the end of August, 472 were for sale against 935 sales over the past six months: 3.0 months of supply, a seller's market by our measure (4 months or less is a seller's market). By price the market splits: $400K to $500K, $500K to $600K, $600K to $750K, $750K to $1M and $1M to $1.4M ran as a seller's market, while $2M to $3M gave buyers more room.
The median home sold for $720,000 in August 2024, against a range of $650,000 to $793,705 since September 2021.
Aug 2024: Median sale price $720,000
Oregon Data Share MLS data; Ryan Realty analysis, Bend single-family homes on less than one acre, August 2024 · the charts are the 36 months to August 2024 as this edition stored them · MLS records as of Sep 23, 2026 · updated Sep 23, 2026
Bend and Redmond · August 2024
The median single-family home on less than an acre in Redmond sold for $499,000 in August, down 4% from August 2023. 63 sold, 10 fewer than August 2023. Homes that sold went under contract in a median of 28 days. At the end of August, 222 were for sale against 437 sales over the past six months: 3.0 months of supply, a seller's market by our measure (4 months or less is a seller's market).
The median home sold for $499,000 in August 2024, against a range of $432,000 to $550,000 since September 2021.
Aug 2024: Median sale price $499,000
Oregon Data Share MLS data; Ryan Realty analysis, Redmond single-family homes on less than one acre, August 2024 · the charts are the 36 months to August 2024 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.
