Bend Oregon Real Estate Market Update | November 2025
The Bend housing market has found its balance. After a few wild years of bidding wars and rapid sales, things have calmed down — and that’s good news. Homes are still selling, but both buyers and sellers now have the space to think strategically. It’s less of a race and more of a smart, steady climb toward your goals.
The Bend Housing Market: Calm, Steady, and Full of Opportunity
With deep local insight and years of experience in the Bend Central Oregon market, Shelise is here to help you navigate what’s genuinely happening—not just follow the headlines.
November’s real estate market in Central Oregon reflects stability and strategy — two essentials for confident real estate moves.
Right now, the median home price is $775,000, and the Market Action Index sits at 32 — meaning Bend is in a slight seller’s market. Sellers have a small edge, but buyers are finally able to make confident, unhurried decisions. With around 1,200 homes on the market and half lowering their prices, there’s opportunity for everyone.
Whether you’re buying or selling, understanding today’s pace means you can move with confidence instead of reaction.
For Buyers: It’s a Great Time to Find Your Fit If you’re thinking about buying a home in Bend, this is your season. Prices are steady, sellers are realistic, and you can take your time finding the perfect place without competing against dozens of offers.
Prices are steady. No big jumps, no big drops — just balance.
Sellers are flexible. Homes listed for 60+ days are often open to negotiation.
Pre-approval is key. Being financially ready helps you act quickly when the right home comes along.
Timing is on your side. Winter and early spring are quieter, meaning fewer competing buyers and more negotiating power.
Buyer takeaway: This is the most balanced market Bend has seen in years. You can finally buy with confidence — not chaos.
For Sellers: Strategy Beats Speed Homes are still selling, but buyers today are more informed and careful. The homes that sell fast — and for top dollar — are the ones that make a strong first impression and are priced right from the start.
Price strategically. Homes priced correctly within the first two weeks draw the most attention.
Presentation matters. Great photos, thoughtful staging, and curb appeal go a long way.
Plan ahead. With 50% of listings adjusting prices, proactive sellers get better results.
Be patient. The average home takes about four months to sell — smart marketing can shorten that time.
Seller takeaway: Homes are selling — but success now comes from strategy, not speed.
By the Numbers: November 2025 at a Glance
Median List Price: $775,000
Median New Listing Price: $649,950
Market Action Index: 32 (Slight Seller’s Advantage)
Average Days on Market: 125
Active Inventory: 1,202 Homes
Price Reductions: 50% of Active Listings
Price per Sq. Ft.: $389
Market Segments: From Luxury to Entry-Level
Luxury: (Top 25%): Median Price $1.825M | Median Days On Market 119 days
Still moving, but slower — buyers are patient.
Upper-Mid Range: Median Price $927K | Median Days On Market 98 days
Steady demand from serious buyers. Mid-Range: $670K | 1,920 sq. ft. | 91 days | The sweet spot for most local buyers.
Entry-Level: Median Price $489K | Median Days On Market 91 days
Competitive and fast-moving when priced right.
The Bottom Line: A Balanced Bend Market Bend’s housing market is healthy, stable, and sustainable. Prices are holding steady, homes are taking a bit longer to sell, and both buyers and sellers have room to plan smart moves. It’s not about racing anymore — it’s about strategy and timing.
In short: The Bend real estate market is balanced, calm, and full of opportunity for those who know how to navigate it.
If you’re thinking about buying or selling in Central , now’s the perfect time to talk strategy. Let’s look at the latest market trends and find the best path forward for you. Whether you’re buying your first home, upsizing, or selling an investment property, I’ll help you make the right move with confidence.
My focus is on finding the right next for YOUR goals, timeline and long-term wealth.
