Market Intelligence Report — OR-460

Bend, OR

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-OR-09
As of the latest 2026 data
Cooling

Median Listing

$700K
-4.9% YoY

Pending Ratio

0.29
-4.0% YoY

Active Inventory

2,646
+3.8% YoY

Median DOM

86 Days
-8.1% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Bend market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Bend, OR.

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The Bend, OR housing market is currently cooling, characterized by a pending ratio of 0.29, indicating demand absorption is slowing relative to supply. The median listing price remains stable month-over-month at $699,900, though it has seen a 4.9% decline year-over-year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.7%-0.3 pp YoY

Unemployment rate · Aug 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

266,376+0.8% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

183-31.2% YoY

Building permits (private housing units) · Aug 2026

Shows whether future inventory pressure may increase.

U.S. Census Bureau building permits via FRED (St. Louis Fed).

Market Analysis

What's moving the Bend market right now.

Active listings have experienced a modest 3.8% year-over-year increase, reaching 2,646 units, while new listings saw a slight decrease of 2.3% year-over-year. The pending ratio has declined by 4.0% over the past year to 0.29, contributing to longer market times, with median days on market down 8.1% year-over-year to 86 days. The share of price-reduced listings increased by 3.4% year-over-year, now at 21.2%.

Adam Rutledge
Adam Rutledge
eXp Realty

“Local pricing and inventory dynamics across Bend shift block by block — happy to walk through what's actually closing.”

Historical Analysis

Market Trends

Median Price

$700K+0.0% MoM

Active Inventory

2,646+3.8% YoY

Days on Market

86-8.1% YoY

Sold Score™

39-4.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

39
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market dynamics suggest a moderating pace of transactions, with an increasing inventory pressure reflected in the higher share of price reductions. This environment necessitates price discipline from sellers to align with prevailing market conditions and absorption rates, leading to a more deliberate negotiation process.

Luxury Segment

The average listing price of $956,558 has declined 6.1% year-over-year, and the median $/sqft also decreased by 3.3% year-over-year to $372, while the average-to-median price spread remains elevated, suggesting a softening in higher-priced tiers. These trends indicate some weakening within the luxury segment of the market.

Supply Dynamics

2,646 active listings represent the current floor, with new supply arriving at roughly 420 per month.

Pricing Pressure
21.2%

of active listings carry a price reduction, +3.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -3.3% year-over-year.

Absorption
0.29

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Bend, OR? Homes here are taking 8 days less to sell than last year.

Buyers have leverage in Bend, OR. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
29%
Median Days on Market
86 days
Inventory YoY
+4%

In a buyer's market, strategy beats timing. See how your home scores in Bend, OR and what moves the number.

See my Sold Score & selling strategy →

Talk to a listing expert who is actively selling in Bend, OR.

Adam Rutledge →

eXp Realty

How these recommendations are chosen →

The Monthly Briefing

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Metro Demographics

Metro Area
Bend, OR
CBSA Code
13460
State
OR

ZIPs in Bend, OR

Sorted by active inventory · click a ZIP for its full report

Vetted Local Practitioners

Direct Consultation

Need a real Bend expert on the phone?

Skip the search. Our vetted local practitioners know the Bend, OR micro-markets, pricing strategy, and negotiation dynamics — and they answer the phone.

Analysis FAQ
  • What is the current market condition in Bend?+

    As of the latest 2026 data, the Bend metro is classified as Cooling. Pending ratio is 0.29 with median days on market at 86.

  • Are home prices dropping in Bend?+

    Median listing price is $700K, -4.9% year over year. 21.2% of active listings carry a price reduction.

  • How fast are homes selling in Bend?+

    The typical listing sits 86 days on market, a -8.1% change YoY. New listings are arriving at 420 per month.

  • What's happening in the Bend luxury market?+

    The average listing price of $956,558 has declined 6.1% year-over-year, and the median $/sqft also decreased by 3.3% year-over-year to $372, while the average-to-median price spread remains elevated, suggesting a softening in higher-priced tiers. These trends indicate some weakening within the luxury segment of the market.

  • Where can I find a trusted Bend real estate expert?+

    Primpted maintains a vetted registry of Bend agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 13460 · 36mo history