Market Overview
Home Prices in Bend, OR
The median home value in Bend, OR is $737,350 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.9% compared to a year ago and down 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bend are priced80% above average. Bend is part of the Bend, OR metro area.
Over the past five years, Bend home values have risen by approximately8.6%, reflecting steady appreciation in this market.
Price History
Bend Home Price Trend
2020
$510,691
$511K
—
2021
$678,743
$679K
+32.9%
2022
$812,991
$813K
+19.8%
2023
$736,902
$737K
-9.4%
2024
$766,195
$766K
+4.0%
2025
$751,624
$752K
-1.9%
2026
$737,350
$737K
-1.9%
City Comparison
Bend vs. National Median
🏠 Bend
$737,350
National Median
$410,000
At $737,350, homes in Bend cost 80% above the national median of $410,000. Buyers in Bend should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Bend?
20% Down Payment
$147,470
on $737,350
Monthly P&I
$3,846/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,884/mo
incl. taxes & insurance
Income Needed
$195,360
gross annual (30% rule)
10% Down Option
$73,735
+ PMI applies
Loan Amount (20% dn)
$589,880
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bend, OR?
The median home value in Bend is $737,350 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.9% year-over-year.
How much have home prices changed in Bend?
Over the past year, home values in Bend have decreased by 1.9%. Over five years, prices have risen approximately 8.6%.
How much do I need to earn to buy a home in Bend?
To comfortably afford the median home price of $737,350 with a 20% down payment ($147,470) at today's rates (6.8%), you'd need a gross annual income of approximately $195,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Bend compare to the national average home price?
The national median home value is approximately $410,000. At $737,350, homes in Bend are 80% above the national average.
What metro area is Bend part of?
Bend is part of the Bend, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.