30Alpha

Bend, OR metro area Housing Market Brief

metro · as of May 2026

Buyer's

What is Bend, OR metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-8.739
Inventory Health25%
+7.839
Affordability20%
4
Economic Strength20%
No data
50
Rental Yield15%
11

Where is Bend, OR metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Bend, OR metro area is classified as Decliningcooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Bend, OR metro area housing market data

MetricValueYoY
Median Sale Price$680K-1.8%
Median Days on Market29 days-3.3%
Months of Supply4.3-17.3%
Homes for Sale1,604-9%
Homes Sold369▲ +9.8%
Median Price / Sq Ft$380-2.2%
Sale-to-List Ratio98.9%▲ +0.3%

How has Bend, OR metro area’s Alpha Score moved?

Now: 30
4-period trend
Median sale price · 12 mo

Markets like Bend, OR metro area

Frequently asked questions

Is Bend, OR metro area a buyer's or seller's market?

As of May 2026, Bend, OR metro area is classified as a Buyer's Market, based on its Alpha Score of 30 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Bend, OR metro area?

The median sale price in Bend, OR metro area is $680K, having fallen 1.8% over the past year.

How affordable is Bend, OR metro area?

Bend, OR metro area scores 4 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Bend, OR metro area's Alpha Score?

Bend, OR metro area's strongest dimension is Economic Strength (50/100) and its weakest is Affordability (4/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Bend, OR metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.