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The State of the Market Report is here, and this season’s edition offers one of our most insightful looks yet into Bend’s evolving real estate landscape.
Our semi-annual report delivers the most accurate, timely analysis of what’s shaping the Central Oregon housing market right now, from rising inventory and shifting buyer sentiment to opportunities that emerge when data and timing align.
A Market Defined by Movement
As 2025 reaches its midpoint, the U.S. housing market finds itself at a crossroads. Elevated mortgage rates, tighter supply, and cautious optimism are redefining what it means to buy or sell a home.
In Bend, Oregon, those same national forces are being felt locally — but with a uniquely Central Oregon flavor. Prices have held firm, buyers are becoming more strategic, and sellers are learning how to adapt in a market that rewards preparation and precision.
Insights You’ll Find Inside the Report
Navigating the Buying Process with Confidence:
The Bend housing market is more balanced than it’s been in years. Homes now average 36 days on the market - up from 26 last year - giving buyers more room to explore, negotiate, and find real value. For those ready to act, motivated sellers are beginning to offer opportunities that didn’t exist a year ago.
Navigating the Evolving Market as a Seller
While inventory is rising, it doesn’t tell the whole story. Many unsold homes have been quietly withdrawn, creating an illusion of oversupply. Currently, only 22.5% of Bend listings are going under contract - roughly 10% less than last summer - meaning sellers need smart strategy, pricing accuracy, and the right presentation to stand out.
A Report Built for Clarity and Confidence
The State of the Market Report was created to cut through the noise and offer grounded insights, not just headlines. Whether you’re considering buying, selling, or holding, this report is designed to help you make informed decisions backed by data and local expertise.
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