BEND HOUSING MARKET UPDATE | NOVEMBER 2026

Home Prices, Inventory and What the Latest Numbers Mean for Buyers and Sellers

Is the Bend housing market changing as we head toward the end of 2026?

October's housing data shows a market where home prices remain relatively strong, sales activity has slowed, and buyers are taking a more selective approach.

We track the Bend housing market every month using local MLS data. Our market analysis focuses on single-family homes in Bend, providing a consistent way to measure changes in prices, inventory, sales activity, market time and seller concessions.

Whether you're considering buying a home in Bend, selling a property or simply trying to understand where the market is headed, here's what the latest numbers reveal.

OCTOBER 2026 BEND HOUSING MARKET AT A GLANCE

• Median Sales Price: $787,900 — up 1.8% from October 2025
• Closed Sales: 173 — down 11.7%
• Median Days on Market: 49 — down 21%
• List Price Received: 98.1%
• Median Sold Price per Square Foot: $417 — up 5.2%
• New Listings: 167 — down 2.9%
• Active Inventory: 683 — down 9.5%
• Months of Inventory: 3.9

Source: Oregon Data Share, October 2026 Market Review, single-family residences in Bend. Percentage changes are year over year unless otherwise noted.

BEND HOME PRICES REMAIN RESILIENT

The median sales price for a single-family home in Bend reached $787,900 in October, up 1.8% compared with October 2025 and 3.8% compared with September 2026.

While prices remain above last year's levels, the modest annual increase suggests a market experiencing more measured price growth.

The median sold price per square foot also increased to $417, up 5.2% year over year.

For buyers, this is a reminder that slower sales activity doesn't necessarily mean home values are declining.

For sellers, it reinforces the importance of understanding how their property compares with recent sales and competing listings.

FEWER HOMES ARE SELLING IN BEND

Bend recorded 173 closed sales in October, down 11.7% from a year earlier and 13.1% from September.

This slowdown in transactions is one of the more important trends to watch.

Buyers may be taking additional time to evaluate financing, property condition and overall affordability before making a purchase.

For sellers, fewer transactions mean that pricing, preparation and presentation can make a meaningful difference in attracting serious buyers.

HOW LONG ARE HOMES TAKING TO SELL?

The median time on market in October was 49 days.

That's 21% lower than October 2025, but 22.5% higher than September 2026.

In other words, homes are selling faster than they did a year ago, but the pace has slowed compared with the previous month.

This is why looking at both monthly and annual comparisons matters. One month's change doesn't necessarily indicate a long-term trend.

Buyers may find opportunities among properties that have been listed longer, while sellers should be prepared for market time to vary based on price, location, condition and competition.

INVENTORY REMAINS AN IMPORTANT FACTOR

Bend ended October with 683 active listings, down 9.5% from October 2025.

New listings totaled 167, a decrease of 2.9% year over year and 22.3% from September.

Months of inventory stood at 3.9, slightly higher than a year earlier.

This means that while fewer homes are coming onto the market, the slower pace of sales is also affecting the balance between supply and demand.

For buyers, choices may still be limited in certain neighborhoods and price ranges.

For sellers, fewer competing listings can be beneficial, but buyers are still comparing value carefully.

ARE SELLERS NEGOTIATING ON PRICE?

In October, sellers received a median of 98.1% of their final asking price.

That figure increased slightly compared with both September 2026 and October 2025.

However, the final sales price doesn't always tell the complete story.

Seller-paid closing costs, mortgage rate buydowns, repair credits and other concessions can affect the overall terms of a transaction.

The October summary does not provide separate concession statistics, so it isn't possible to determine whether concessions increased or decreased based on these figures alone.

Understanding what buyers and sellers are negotiating beyond the purchase price can provide a clearer picture of current market conditions.

WHAT THIS MEANS IF YOU'RE BUYING A HOME IN BEND

If you're considering purchasing a home in Bend, the October numbers suggest that preparation and patience remain valuable.

Some properties may offer negotiating opportunities, particularly when they have been on the market longer or require updates.

However, inventory remains limited, and desirable homes that are priced appropriately can still attract interest.

Rather than trying to predict the perfect time to buy, focus on understanding the property, your financing options and how the purchase fits your long-term goals.

WHAT THIS MEANS IF YOU'RE SELLING A HOME IN BEND

For homeowners considering selling, October's data offers some encouraging signs.

Median prices remain above last year's levels, and homes are spending less time on the market than they did in October 2025.

At the same time, fewer closed sales and longer market times compared with September suggest buyers are approaching purchases carefully.

A thoughtful pricing strategy, professional presentation and an understanding of competing listings are especially important in this environment.

The goal isn't simply to put your home on the market. It's to position it effectively for the buyers who are actively searching.

THE BOTTOM LINE ON BEND'S OCTOBER 2026 HOUSING MARKET

Bend's housing market continues to show a combination of resilient home prices, slower sales activity and relatively limited inventory.

The median sales price of $787,900 demonstrates that values remain above last year's levels, while fewer closed sales and shifting market times suggest buyers are becoming more selective.

For buyers and sellers, the most useful information often comes from looking beyond the overall market averages and examining what's happening in a specific neighborhood, price range or property type.

Angie Cox helps buyers and sellers throughout Bend and Central Oregon understand the details behind the housing numbers, including local pricing trends, inventory, property condition and the negotiation considerations that can influence a successful transaction.

Wondering what the October housing market numbers mean for selling your Bend home or your next purchase? Call Angie at (541) 213-9950 or book a quick call with Angie here to talk it through.