Bend Metro Area, OR Housing

The housing market in the Bend-Redmond, OR Metro Area is thriving. The median value for a house in the area is $598,100, which is significantly higher than the national median of $338,100. Additionally, in the last year there has been an 8.24% appreciation rate for houses in this region compared to 8.27% nationally. This indicates that both buyers and sellers are experiencing strong demand and investment opportunities throughout the Bend-Redmond area.

The median home cost in Bend Metro Area is $598,100. Home appreciation the last 10 years has been 228.8%. Home Appreciation in Bend Metro Area is up 14.0%.

Average Age of Homes

- The median age of Bend Metro Area real estate is 24 years old

The Rental Market in Bend Metro Area

- Renters make up 28.1% of the Bend Metro Area population
- 0.6% of houses and apartments in Bend Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Bend, Oregon	United States
	92,718.0	139,647,020.0
	25	42
	$598,100	$338,100
	14.0%	16.6%
	79.0%	57.0%
	228.8%	101.1%
	$7.42	$10.98
	$3,231	$2,690
	59.6%	57.4%
	14.4%	11.2%
	25.9%	31.4%
Vacant Housing
	0.6%	1.9%
	0.5%	0.4%
	0.6%	0.7%
	0.4%	0.4%
	10.9%	3.6%
	1.4%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	0.7%	2.4%
	1.3%	2.8%
	0.7%	3.9%
	0.5%	4.5%
	1.5%	11.3%
	4.0%	13.0%
	12.4%	20.1%
	21.4%	13.6%
	16.6%	8.3%
	24.2%	9.7%
	8.8%	3.9%
	4.4%	2.2%
	0.9%	0.8%
	0.9%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	26.8%	13.6%
	26.8%	13.6%
	23.4%	13.6%
	11.1%	13.2%
	15.3%	14.8%
	23.4%	13.6%
	1.9%	10.0%
	1.7%	4.7%
	3.2%	12.2%

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