Bend Single Family Home Prices Have Grown
Over the past 8 years, the sales price of a Bend single family home has grown by 129%. The average sales price at the end of 2010 was $223,000 and $510,000 the end of 2018. During the same time period, the average active price of a Bend single family home has gone up 91% from $373,000 in 2010 to $711,000 the end of 2018.*
This growth in the price of a Bend home has led to an affordable housing crisis with the average Bend family questioning whether or not they can afford to purchase a single family home in Bend; for many the answer is no.
How Much Home Can a Bend Family Purchase in 2019?
According to Deschutes County records, the median annual Bend household income in 2018 was $67,727. Chris…