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.
October brought signs that the Bend real estate market is continuing to find balance as the year winds down. While closed sales and overall sold volume rose modestly from a year ago, several key indicators—such as new listings, pending sales, and median home price—show the market is cooling after a busy late-summer season. With homes taking longer to sell and buyers showing more caution, Bend's fall housing market reflects a shift toward more normal seasonal behavior after several years of atypical trends.
When comparing October 2025 to October 2024 for Bend single family home sales on less than an acre, the following changes can be noted:
Median sales price down 3.1% to $770,000
Closed sales
As the holidays approach, many Bend homeowners find themselves asking the same question: Should I list my home now or wait until after the New Year?
The truth is, there's no one-size-fits-all answer—but there are compelling reasons to consider making your move before the year ends.
If you paused your plans to move because of high rates or prices, it may finally be time to take a second look at your numbers. Affordability is improving in 39 of the top 50 markets, according to First American. And that's the 5th straight month where buying a home has started to get a little bit easier.
Let's break this down into real dollars, so you can see the difference this could make for you (and your move).
One of the clearest signs of this shift is in monthly payments. The latest data from Redfin shows mortgage payments on a median-priced home are now $283 lower than they were just a few months ago (see graph below):