Market Report
May 2025 | Bend, Oregon
Over view of Bend
Nestled in the heart of Central Oregon, Bend is a vibrant, fast-growing city that perfectly blends small-town charm with big-time adventure Known for its stunning mountain views, particularly the snow-capped Cascade Range, Bend is an outdoor enthusiast?s paradise Whether it?s skiing at Mt Bachelor, hiking and mountain biking the endless trails, paddleboarding the Deschutes River, or enjoying a craft beer after a day outside, there?s no shortage of ways to soak in the natural beauty With over 300 days of sunshine a year, Bend offers an active lifestyle, a welcoming community, and a unique mix of modern amenities and laid-back, Pacific Northwest vibes? making it oneof themost desirableplacesto livein theregion
Bend Market Report
Resident ial Homes
The statistics below provide an up-to-date snapshot of the listed inventory as of June 4th, 2025 Median days on market is a good indicator of the average length of time the current inventory has been on the market
2025
$765,000 Median
2024
$725,108 Median
39
Median Dayson Market
25
Median Dayson Market
Bend Market Condition
Buyer 's M ar ket
M ar ket Condit ions
Balanced M ar ket
Seller 's M ar ket
5.2 Mont hs of Invent ory
Buyer'sMarket
Morethan 6 Monthsof Inventory
Buyer 's vs. Seller 's M ar ket
Balanced Market 4 - 6 Monthsof Inventory
Seller'sMarket
Lessthan 4 Monthsof Inventory
The key similarities and differences between a buyer's and seller's market; and how these market factors impact each group.
Buyer's Market
More people selling homes than buying
MoreHomesto ChooseFrom
MoreNegotiating Power
Could Spend Lessthan Asking Price
PriceRestrictions
Rarely Competing Offers
Buyer's Market
More people selling homes than buying
TakesMoreTimeto Sell
Fewer OffersReceived
Could get Lower than Asking Price
May Haveto makeRepairsand/or Concessions
Seller's Market
More people buying homes than selling
Fewer Homesto ChooseFrom LessNegotiating Power
Need to beAbleto CloseQuickly
Could Spend Morethan Asking Price
Competition From Other Buyers
Seller's Market
More people buying homes than selling
HomeSellsQuickly
MultipleOffersLikely
Could get Morethan Asking Price
BuyersWilling to Overlook Repairs
Bend Moving Trends
M CNEIL
