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All market snapshots / 97701

Bend, OR 97701 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Bend, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.19
ActiveActive listings: 8585PendingPending sales: 1616
Bend, OR: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $585k$585kSoldMedian sold price (last 6 months): $595k$595k
What homes actually sell for in Bend, OR
Distribution of 527 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $499k to $725k
$340k to $440k: 39 sales$340k$440k to $539k: 110 sales$539k to $638k: 144 sales144sales$539k$638k to $738k: 88 sales$738k to $838k: 44 sales$738k$838k to $937k: 20 sales$937k to $1.04M: 15 sales$937k$1.04M to $1.14M: 14 salesMedian $595k

What the numbers say

As of October 5, 2026, Resideline is tracking 85 active listings and 16 pending sales in ZIP code 97701. That pending-to-active ratio of 0.19 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $584,900, while the median of the 527 closed sales Resideline tracked over the last six months was $595,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 97701 for 73 days.

Frequently asked questions

What is the median home price in 97701?

The median closed sale price in Bend, OR 97701 was $595,000 over the last six months, based on 527 closed sales tracked by Resideline. The middle half of those sales ranged from $499,000 to $725,000.

Is 97701 a buyer's or seller's market?

Resideline is currently tracking 16 pending sales against 85 active listings in 97701, a pending-to-active ratio of 0.19. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 97701 currently looks like a balanced market.

Nearby ZIP code market data

Full Bend, OR housing market report →

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