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...
Hearing talk about home prices falling? That may leave you worried about whether your house is losing value. But here's what you need to know. While some local markets have seen small price dips this year, home prices are not falling nationally. So, don't let the headlines scare you.
The vast majority of the country is actually seeing prices rise.
While that may feel surprising after the headlines you've seen, the map below uses year-over-year data from the Federal Housing Finance Agency (FHFA) to make that clear:
November brought a shift in the Bend real estate market: strong buyer interest paired with a significant drop in new listings. Pending sales saw a sizable jump from one year ago, even though closed sales held flat and overall pricing trended slightly lower. With fewer homes hitting the market, buyers had to act quickly on the most desirable properties, while sellers benefited from motivated purchasers—even if final sale prices continued to come in below original asking.
Thinking about making a move to Bend? You're not alone. Every year, thousands of people from Portland, Seattle, and the Bay Area explore what life might look like in Central Oregon's high desert—drawn by sunshine, mountains, and a lifestyle that feels equal parts active and intentional.
This guide is your honest, year-round look at what living in Bend is really like—season by season, neighborhood by neighborhood, and day to day—so you can decide if Bend fits the way you want to live.
The Big Picture: Why People Choose Bend
Bend's appeal goes far beyond pretty scenery. What truly hooks people is the quality of life—a blend of outdoor recreation, friendly neighborhoods, a slower pace, and the ability to actually enjoy the life you work so hard for.
You'll hear newcomers say things li...