Is Bend, OR 97707 a buyer’s or seller’s market?
Bend is a buyer’s market. With about 8.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 6% of U.S. ZIP codes, and #163 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, 5% of homes in Bend, OR 97707 sold above their list price, the typical home went under contract in 60 days and there were 8.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 89 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 8%, homes sold about as fast and the median sale price rose 10% to $860,877. Overall, Bend is less competitive than a year ago, which gives buyers more room.
Within Deschutes County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Bend ranks #163 of 170 OR ZIP codes with enough sales (score 13 out of 100).
Nearby, Bend 97701 (19% sold over asking) and Bend 97703 (14% sold over asking) are even more competitive.
Run the numbers for 97707
Nearby markets
Bend 97701Seller’s market $342 /sq ftBend 97702Seller’s market $376 /sq ftBend 97703Seller’s market $508 /sq ftLa Pine 97739Buyer’s market $286 /sq ft Browse all markets →Towns like Bend nearby
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Questions about Bend real estate
Is Bend a buyer’s or seller’s market?
A buyer’s market: there were 8.5 months of supply in Bend, OR 97707 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 60 days in the latest three months.
Do homes in Bend sell over asking?
5% of homes sold above their original list price, and the typical sale closed at 97.0% 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 $860,877 in the three months ending August 31, 2026, about $432 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology