Bend Oregon Housing Market Trends for September 2026

The Bend housing market weakened in September 2026 as rising mortgage rates reduced buyer purchasing power and pushed more prospective purchasers to the sidelines. Although the median sales price remained nearly unchanged from last year, closed sales declined 16%, pending sales fell more than 21%, and the number of listings withdrawn, canceled or allowed to expire increased 65%.

Those figures tell a more complete story than the median price alone. Bend is not experiencing a flood of inventory or distressed sales, but buyers have become considerably more cautious. Homes that are not priced correctly are receiving fewer showings, undergoing substantial price reductions or leaving the market without selling.

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Bend Oregon Housing Market Trends for August 2026

The Bend housing market continued to cool in August 2026 as affordability concerns, elevated mortgage rates and increasingly selective buyers affected sales activity. The median sales price declined from a year ago, fewer homes closed, and nearly 45% of completed transactions included seller concessions.

This is not evidence of a housing crash. However, it does show that Bend is experiencing a meaningful correction in pricing expectations. Buyers remain interested in Central Oregon, but they are taking their time, comparing their options and avoiding homes that appear overpriced.

The statistics in this report compare August 2026 with August 2025 a...

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Bend Oregon Real Estate Market Update – July 2026

Median Home Price Climbs to $780,000 as Inventory Tightens and Buyer Activity Remains Strong

The Bend real estate market continued to demonstrate resilience in July 2026. While the number of new listings declined and inventory tightened compared to last year, buyer demand remained healthy with more homes closing, pending sales increasing, and the median sales price rising nearly 5%.

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Buyer Activity Surges as Bend Home Prices Continue Modest Growth

The Bend real estate market continued to strengthen in May 2026, with higher home prices, more closed sales, and a significant increase in pending sales compared to one year ago. While affordability remains a challenge for many buyers, the market has shown resilience. Demand remains healthy, inventory is still below last year's levels, and properly priced homes are attracting attention quickly. The strongest signal from May's numbers may be the surge in pending sales, suggesting buyer confidence remains intact heading into the summer market.

Quick Market Snapshot – May 2026

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Bend Oregon Real Estate | April 2026 Trends

Prices Pull Back While Buyer Activity Holds Steady

April 2026 shows a Bend real estate market that is adjusting—not collapsing. Pricing has come off noticeably from a year ago, but buyer activity remains stable and, in some areas, quietly improving. The result is a more balanced market where properly priced homes are still moving, while aspirational pricing is getting corrected.

Quick Market Snapshot – April 2026

• Median Sal...

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