M arket Report 2025 | Bend, Oregon
20 25 M ar ket Repor t
M ar k et Summar y Resident ial H omes (Single Family/ Condo/ Tow nhouse) 20 25
20 24
% Change
2,412
2,215
+8.9%
M edian List Pr ice
$780 ,0 0 0
$769,0 0 0
+1.4%
M edian Sale Pr ice
$759,533
$755,0 0 0
+.1%
$40 0
$40 4
-1%
Aver age List Pr ice
$1,0 17,30 7
$1,0 0 2,490
+1.5%
Aver age Sale Pr ice
$931,60 8
$919,0 80
+1.4%
94.7%
96.2%
-1.5%
M edian D ays on M ar k et
35
24
+45.8%
Aver age D ays on M ar k et
79
60
+31.7%
% Cash Sales
32%
30 .4%
+1.6%
% Closed w it h Concessions
39.7%
38.3%
+1.4%
Aver age Concession A mount
$10 ,0 0 0
$7,0 0 0
+42.9%
H omes Sold
M edian Pr ice Per Sq. Ft .
% of Or iginal Pr ice Received
Dat a provided by Oregon Dat aShare. Regional Mult iple List ing Ser vice RMLS, and Sout hern Oregon MLS. All inf ormat ion is deemed reliable but not guarant eed.
December M ar ket Condit ion
M ar k et Condit ions Buyer 's M ar k et
Balanced M ar k et
Seller 's M ar k et
3.2 Mont hs of Invent ory Buyer's M arket
Balanced M arket
Seller's M arket
More t han 5 Mont hs of Invent ory
3 - 5 Mont hs of Invent ory
Less t han 3 Mont hs of Invent ory
Buyer 's vs. Seller 's M ar k et T he key similar it ies and dif f er ences bet w een a buyer 's and seller 's mar ket ; and how t hese mar ket f act or s impact each gr oup.
Buyer 's M ar ket
Seller 's M ar ket
M or e people selling homes t han buying
M or e people buying homes t han selling
More Homes t o Choose From
Fewer Homes t o Choose From
More Negot iat ing Power
Less Negot iat ing Power
Could Spend Less t han Asking Price
Need t o be Able t o Close Quickly
Price Rest rict ions
Could Spend More t han Asking Price
Rarely Compet ing Offers
Compet it ion From Ot her Buyers
Buyer 's M ar ket
Seller 's M ar ket
M or e people selling homes t han buying
M or e people buying homes t han selling
Takes More Time t o Sell Home Sells Quickly Fewer Offers Received Mult iple Offers Likely Could get Lower t han Asking Price Could get More t han Asking Price M ay Have t o make Repairs and/ or Concessions
Buyers Willing t o Overlook Repairs
Bend M oving Tr ends
I nf or mat ion f r om Redf in.com
Informat ion from Redfin.com People are moving t o Bend from:
People are leaving Bend for:
Inbound Met ros
Out bound Met ros
1
Port land, OR
1,297
1
Klamat h Falls, OR
22
2
Seat t le, WA
653
2
Coos Bay, OR
21
3
San Francisco, CA
342
3
Newport , OR
14
4
Los Angeles, CA
320
4
Hilo, HI
10
5
San Diego, CA
90
5
Kalispell, M T
9
6
Eugene, OR
76
6
Boise, ID
9
7
Chicago, IL
75
7
Roseburg, OR
8
8
New York, NY
74
8
Indianapolis, IN
7
9
Washingt on, DC
49
9
Sandpoint , ID
6
10
Greenville, SC
46
10
Bozeman, M T
5
N eighbor hoods
M edian L ist ing Pr ice
L ist ing $ / Sq Foot
M ount ain View
$ 575,0 0 0
$ 334
Old Far m Dist r ict
$ 654,995
$ 326
L ar kspur
$ 544,0 0 0
$ 335
Boyd A cr es
$ 589,0 0 0
$ 341
Aw br ey But t e
$ 1,287,0 0 0
$ 461
Summit West
$ 1,0 49,950
$ 492
Cent ur y West
$ 925,0 0 0
$ 492
Sout hw est Bend
$ 70 9,50 0
$ 360
River West
$ 1,0 0 0 ,0 0 0
$ 547
Sout her n Cr ossing
$ 90 2,450
$ 552
Sout heast Bend
$ 699,0 0 0
$ 358
Or char d Dist r ict
$ 699,995
$ 40 2
Old Bend
$ 895,0 0 0
$ 621
Dat a f rom Realt or.com - All dat a is deemed accurat e but should be independent ly verif ied.
Pr esent ed By:
M A RCEL D O L A K Pr ivat e Of f ice A dvisor Ow ner Engel & Völker s Bend | Kir kland | Nor t h Cascades | Palm Deser t | Sist er s ? +1 (425) 466- 5870 M ar cel.Dolak@evr ealest at e.com OR - 20 1251654
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