What is happening in the Bend real estate market right now?
The Bend, Oregon real estate market in March 2026 is active but price-sensitive. Home sales and pending transactions are up over 20% year-over-year, while median prices have declined 7.4%. Buyers are active, but only when homes are priced correctly relative to current interest rates.
March 2026 shows a very clear shift in the Bend real estate market: prices pulled back while activity picked up. This is not a contradiction—it's exactly how a transitioning market...
The Bend, Oregon real estate market has changed. The pace is no longer what it was during the peak surge of 2020–2022. Homes are not selling instantly, and buyers have more time to evaluate options. But interpreting that shift as weakness would be a mistake. Especially in the luxury segment.
How Competitive Is the Bend, Oregon Housing Market Right Now? (2026)
If you're thinking about buying or selling in Bend, Oregon, one of the biggest questions right now is:
How competitive is the market?
The answer is a little more nuanced than it used to be.
Bend is no longer in the extreme seller's market we saw a few years ago—but it's also not a true buyer's market.
Here's what's actually happening.
A More Balanced Market
In 2026, the Bend housing market is best described as balanced.
What that means:
New Construction Communities in Bend, Oregon: What to Know in 2026
If you're thinking about buying a home in Bend, Oregon, new construction is likely on your radar.
With continued growth and limited inventory, new construction communities have become a major part of the Bend real estate market.
But buying new construction is different than buying a resale home.
Here's what you should know.
Where New Construction Is Happening in Bend
Most new construction in Bend is happening in a few key areas: