Is Bend, OR 97702 a buyer’s or seller’s market?
Bend is a seller’s market. With about 3.5 months of supply and 13% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 46% of U.S. ZIP codes, and #94 of 170 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Bend housing market right now
In the three months ending August 31, 2026, 13% of homes in Bend, OR 97702 sold above their list price, the typical home went under contract in 31 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 315 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (13% then), homes sold about as fast and the median sale price rose 3% to $723,187. Overall, Bend is about as competitive as it was a year ago.
Within Deschutes County, homes here sell faster than in any other ZIP code in the county, and sell less often over asking than in 67%. On our competition score, Bend ranks #94 of 170 OR ZIP codes with enough sales (score 46 out of 100).
Nearby, buyers who want less competition could look at Bend 97707 (5% sold over asking), while Bend 97701 (19% sold over asking) is even more competitive.
Run the numbers for 97702
Nearby markets
Bend 97701Seller’s market $342 /sq ftBend 97703Seller’s market $508 /sq ftBend 97707Buyer’s market $432 /sq ftLa Pine 97739Buyer’s market $286 /sq ft Browse all markets →Towns like Bend nearby
Find towns like Bend in other states →Where Bend is
Loading map…
Questions about Bend real estate
Is Bend a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Bend, OR 97702 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Bend?
The typical home went under contract in 31 days in the latest three months.
Do homes in Bend sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Bend?
About 0.58% of a home’s value a year in Deschutes County, or roughly $2,320 on a $400,000 home.
What is the median home price in Bend?
The median sale price was $723,187 in the three months ending August 31, 2026, about $376 per square foot.
Local agents
See all agents in 97702 →No sponsored agents in 97702 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 97702
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology