Central Oregon Market Report: August 16, 2026 to August 22, 2026

Bend

Balanced market with 4.5 months of supply. Median sale price $719,000 over the trailing 12 months (↓ 2.0% YoY). Median 25 days on market.

Supply and demand are close to even, so realistic pricing matters more than timing for both sides.

Black Butte Ranch

Culver

La Pine

Buyer's market with 11.0 months of supply. Median sale price $415,000 over the trailing 12 months (↓ 1.8% YoY). Median 51 days on market.

There are more homes for sale than current demand is absorbing, which gives buyers room to negotiate on price and terms.

Madras

Powell Butte

Prineville

Redmond

Balanced market with 5.0 months of supply. Median sale price $505,000 over the trailing 12 months (↓ 1.5% YoY). Median 21 days on market.

Supply and demand are close to even, so realistic pricing matters more than timing for both sides.

Sisters

Buyer's market with 7.6 months of supply. Median sale price $690,000 over the trailing 12 months (↓ 2.3% YoY). Median 37 days on market.

There are more homes for sale than current demand is absorbing, which gives buyers room to negotiate on price and terms.

Terrebonne

Buyer's market with 12.0 months of supply. Median sale price $563,000 over the trailing 12 months (↓ 16.8% YoY). Median 97 days on market.

There are more homes for sale than current demand is absorbing, which gives buyers room to negotiate on price and terms.