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If your home is sitting on the market in Bend right now, you're not alone—and you're likely asking a very direct question:
"Why isn't my house selling?"
A short time ago, most homes in Bend would sell quickly with minimal friction. That is no longer the case. The market hasn't collapsed, but it has shifted into something more balanced—and more selective.
Homes are still selling every week.
But they are not selling automatically.
They are selling when the fundamentals are right.
If your home is not moving, it almost always comes down to a
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
Here are the key statistics shaping the Bend Oregon real estate market in February 2026:
Median Sales Price: $725,000 (up 3.6%)
Closed Sales: 117 homes (up 20.6%)
January opened the year with continued price softening and a clear slowdown in closed sales across the Bend single-family market. While overall activity remains lower than a year ago, buyer interest is beginning to reappear, particularly in pending sales. Inventory tightened noticeably as fewer new listings entered the market, setting the stage for a more competitive spring—provided sellers price realistically.
When comparing January 2026 with January 2025 for Bend single-family home sales on less than an acre, the fo...
For years, Bend's housing market has been defined by extremes: a relocation boom during the pandemic, a sharp reset as interest rates climbed, and then a long stretch where low inventory kept competition fierce. As we move through 2026, the ground finally feels more balanced — especially for relocation buyers looking for a lifestyle upgrade without the bidding-war chaos of years past.
Below is a look at what's driving the shift: interest rates, supply, buyer behavior, and the enduring lifestyle appeal that keeps Bend on the relocation shortlist for Seattle, Bay Area, and Portland households.
After peaking in the 7%+ range, mortgage rates have been sliding steadily into the
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