Bend, OR Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Bend, OR is a cooling market — favorable for buyers.

  • Prices have declined 2.5% — a strong buyer's market with room to negotiate.
  • Price-to-rent ratio: 25.7 — renting may be more affordable in the near term.

Median Home Value

$660,310

ZHVI

Year-over-Year

-2.5%

Price change

5-Year Change

+27.5%

Since 2021

Median Rent

$2,145/mo

ZORI

Active Listings

1,004

For sale

State Avg

$492,347

Oregon

Home Value Trends

5-year Zillow Home Value Index for Bend, OR vs. state and national averages.

Rent Data

Median Rent

$2,145/mo

Rent YoY Change

+3.6%

Rent vs. Buy Calculator

Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.