Housing in Bend, OR is more expensive than the US median value overall. The median value of a home in Bend, OR is $666,200 which is more than double the U.S. median value of $338,100. Additionally, the one year house appreciation rate in Bend, OR (8.40%) is higher than the U.S. average of 8.27%. This indicates that there has been an increase in the value of homes in Bend over the last year due to strong market conditions and a healthy economy in this region.
The median home cost in Bend is $666,200. Home appreciation the last 10 years has been 228.8%. Home Appreciation in Bend is up 14.0%.
Average Age of Homes
- The median age of Bend real estate is 22 years old
The Rental Market in Bend
- Renters make up 37.3% of the Bend population
- 1.2% of houses and apartments in Bend, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.