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Posts from February 9th, 2024

All Things Central Oregon

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February
9

Bend Home Prices Leveling Off

The January 2024 Bend real estate market shows some stabilization. Although the average and median price per square foot are both up, the average and median sales price on sold homes comparing January 2024 to January 2023 show little movement. The issue most Bend home buyers are still dealing with is lack of inventory which provides few choices for people looking to purchase. Although mortgage interest rates have come down from the high rates pushing 8% seen last fall, they are still in the mid sixes which also impact the purchasing power for home buyers.

When the January 2024 sales for Bend single family homes on less than an acre are compared with those from January 2023, the following changes can be seen:

  • Average sales price down 1.9% to $842,669*
  • Median sales price up 1.5% to $699,950
  • New listings down 14.7% to 99
  • Homes for sale down 28.4% to 204

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/09/2026. The listing information on this page last changed on 03/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 03/09/2026 5:42:34 PM EST) or RMLS (last updated Mon 03/09/2026 5:40:29 PM EST) or COAR/MLSCO (last updated Mon 03/09/2026 5:41:43 PM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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