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For decades, certain destinations have consistently attracted luxury buyers seeking more than just a home. Aspen. Jackson Hole. Park City. Lake Tahoe.
These markets share a common thread: they combine natural beauty, recreational access, and a sense of place that transcends real estate.
In recent years, Bend, Oregon has quietly joined that conversation.
What was once considered a regional mountain town has evolved into a nationally recognized
Mortgage interest rates have finally started to ease after years of elevated borrowing costs — and this shift matters for homebuyers and sellers in Bend, Redmond, Sisters, La Pine, and all of Central Oregon. While rates aren't returning to the ultra-low historic lows of the pandemic, modest declines from the mid-6% range have improved affordability and buyer confidence this spring...
As 2025 wraps up, the Bend single-family home market shows a year defined by steady pricing, increased activity, and a slower pace than the year before. Compared to 2024, the market gained momentum in volume but continued to push back on pricing power and speed.
Here's how 2025 stacked up against 2024.

The median sales price ended 2025 at $734,950, up just 0.7% year over yea...
Who Hit the Pause Button?
Winter has arrived in Bend, and with it, the market slowdown we expect every year. The difference this December is subtle but important: the pace has eased, yet the underlying fundamentals remain surprisingly resilient. Whether you're gearing up to buy in early 2026 or preparing your home for a spring listing, here's what you need to know about the latest market trends.
New Listings: A Seasonal Retreat
New listings slid again this month — roughly 20% fewer year-over-year. Not surprising for December.
Bend homeowners tend to wait out the holiday season, choosing to list once we hit clearer skies, longer days, and stronger buyer activity. Sellers are preparing for the traditional early-year surge, and many are waiting for the right moment to re-enter the market.
How long will they wait?
Typically just a few more weeks. January and February bring a substantial inventory rebound.
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