Why Live in Bend
The Deschutes River flows through downtown Bend, creating endless opportunities for kayaking, paddleboarding, and floating in the heart of the city. Residents enjoy over 300 days of sunshine annually while exploring 300 miles of mountain biking trails, skiing at Mount Bachelor, or rock climbing at Smith Rock State Park. The Old Mill District buzzes with shopping and entertainment along the river, while Drake Park hosts concerts and community gatherings. The city's renowned craft beer scene includes numerous local breweries, complemented by standout restaurants like Ariana, serving Pacific Northwest cuisine, and Zydeco Kitchen & Cocktails, featuring Cajun flavors.
The Bend housing market features diverse options across distinct neighborhoods. Old Bend commands a median single-family home price of $925,000, while River West reaches $1,125,000. Summit West and Awbrey Butte represent the luxury market with median single-family prices of $1,367,500 and $1,362,500 respectively. More moderate options exist in Mountain View at $593,500 and the Old Farm District at $649,900. Condominiums provide entry points with median prices of $343,500 for one bedroom and $452,500 for two bedrooms.
Property taxes in Deschutes County sit at 0.62%, comparable to nearby Redmond and slightly lower than Prineville at 0.64%. Oregon has no sales tax but maintains an 8.75% state income tax. The education system includes highly rated public schools like Highland Magnet School and Cascade Middle School, plus private options such as Seven Peaks School, rated A plus. Oregon State University's Cascades Campus provides higher education opportunities. Major employers include St. Charles Health System, tourism companies, and technology firms, with commuting made convenient through Cascades East Transit bus service and extensive bike paths.
Frequently Asked Questions
What is the average home price in Bend, OR?
Homes for sale in Bend, OR have an average home price of $1,071,887.
How many homes have sold over the last 12 months in Bend, OR?
2,411 homes have sold in Bend, OR over the last 12 months.
What are the most popular zip codes in Bend, OR?
What are the most popular neighborhoods in Bend, OR?
How much do you need to make to afford a house in Bend?
The median home price in Bend is $824,900. If you put a 20% down payment of $165,000 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $4,280 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $183K a year to afford the median home price in Bend.
How are the schools in Bend, OR?
Home Trends in Bend, OR
On average, homes in Bend, OR sell after 59 days on the market compared to the national average of 51 days. The median sale price for homes in Bend, OR over the last 12 months is $753,500, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$753,500
Median Single Family Sale Price
$790,525
Median Townhouse Sale Price
$820,000
Median 2 Bedroom Sale Price
$452,500
Median 1 Bedroom Sale Price
$324,500
Average Price Per Sq Ft
$448
Number of Homes for Sale
1,184
Last 12 months Home Sales
2,411
Median List Price
$824,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
0%
