What’s Really Happening in Bend’s Housing Market Right Now?

Описание: Central Oregon Real Estate Market Update — 3 Minutes
Brian Ladd breaks down the latest Bend housing data and explains why the headlines don’t match what’s actually happening on the ground.

Here’s what you’ll learn in this quick update:

🏠 Home Prices Stay Stable

Bend’s median sales price is $775,000, up just 2% year-over-year—continuing the 3-year trend of remarkably flat, steady pricing since the pandemic.

📦 Inventory Is Normalizing

Active listings are up 9% from last year, but in a historical context, Bend is now sitting right in line with normal levels seen from 2015 to 2019. Inventory isn’t flooding the market—it’s stabilizing.

📉 Mortgage Rates Are Easing

Rates have drifted downward over the past nine months, improving affordability for the first time in years. Nationwide, mortgage payments are down roughly $300/month—and even more in Bend at higher price points.
This shift is giving buyers more negotiating power and breathing room.

🔁 Seller Motivation Is Changing

More sellers are breaking their low-rate lock as life transitions—upsizing, downsizing, job changes—push them to move. With the gap between old rates and new rates narrowing, listings are starting to increase.

📈 Pricing Outlook for 2025

Most national forecasts predict 0–4% appreciation, aligning with what we’re seeing locally: continued stability, steady demand, and long-term resilience in Bend’s market.

✔ Buyer Takeaways

• More leverage
• Improved affordability
• Less pressure
• More time to choose wisely

✔ Seller Takeaways

• Pricing accuracy matters
• Buyers are active
• Mispriced homes get punished
• Proper presentation is essential

If you’re planning a move in 2025 or trying to understand how these trends impact your timing, we’d love to help create a plan tailored to you.

👉 Connect with us at BendPropertySource.com or at [email protected]