Monthly market report
The median single-family home on less than an acre in Central Oregon sold for $655,000 in May, up 5% from May 2025. 301 sold, 5 more than May 2025. Bend: 163 sales at a median of $800,000 (+3% from a year earlier), and the typical home went under contract in 13 days. Redmond: 64 sales at a median of $517,500 (−4% from a year earlier), and the typical home went under contract in 18 days.
The median home sold for $655,000 in May 2026, against a range of $595,000 to $665,000 since June 2023.
May 2026: Median sale price $655,000
In 2026 supply passed 4 months from April to May; in 2025, from May to July.
May 2026: 4.8 months, a balanced market
Oregon Data Share MLS data; Ryan Realty analysis, Central Oregon single-family homes on less than one acre, May 2026 · the charts are the 36 months to May 2026 as this edition stored them · MLS records as of Sep 24, 2026 · updated Sep 24, 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) · May 2026 edition, MLS records as of Sep 24, 2026
Bend and Redmond · May 2026
The median single-family home on less than an acre in Bend sold for $800,000 in May, up 3% from May 2025. 163 sold, 11 more than May 2025. Homes that sold went under contract in a median of 13 days. At the end of May, 598 were for sale against 858 sales over the past six months: 4.2 months of supply, a balanced market by our measure (above 4 and under 6 months is balanced). By price the market splits: $400K to $500K, $500K to $600K, $600K to $750K and $750K to $1M ran as a seller's market, while $1.4M to $2M gave buyers more room.
The median home sold for $800,000 in May 2026, against a range of $680,000 to $812,100 since June 2023.
May 2026: Median sale price $800,000
Oregon Data Share MLS data; Ryan Realty analysis, Bend single-family homes on less than one acre, May 2026 · the charts are the 36 months to May 2026 as this edition stored them · MLS records as of Sep 24, 2026 · updated Sep 24, 2026
Bend and Redmond · May 2026
The median single-family home on less than an acre in Redmond sold for $517,500 in May, down 4% from May 2025. 64 sold, 2 fewer than May 2025. Homes that sold went under contract in a median of 18 days. At the end of May, 197 were for sale against 283 sales over the past six months: 4.2 months of supply, a balanced market by our measure (above 4 and under 6 months is balanced).
The median home sold for $517,500 in May 2026, against a range of $477,735 to $562,250 since June 2023.
May 2026: Median sale price $517,500
Oregon Data Share MLS data; Ryan Realty analysis, Redmond single-family homes on less than one acre, May 2026 · the charts are the 36 months to May 2026 as this edition stored them · MLS records as of Sep 24, 2026 · updated Sep 24, 2026
Oregon Data Share MLS data; Ryan Realty analysis. This edition counts closed sales and listings recorded through Sep 24, 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.
