Zip 97701 (Bend, OR) Housing

The housing market in Bend, OR 97701 is doing well compared to the US average. The median value of a house in 97701 is $556,000, which is significantly higher than the US median value of $338,100. In addition, the one year appreciation rate of houses in Bend is 8.4%, very slightly higher than the US average of 8.27%. This shows that the housing market is currently healthy and an attractive option for potential investors and homebuyers alike.

The median home cost in Bend (zip 97701) is $556,000. Home appreciation the last 10 years has been 228.8%. Home Appreciation in Bend (zip 97701) is up 14.0%.

Average Age of Homes

- The median age of Bend (zip 97701) real estate is 24 years old

The Rental Market in Bend (zip 97701)

- Renters make up 35.3% of the Bend (zip 97701) population
- 1.1% of houses and apartments in Bend (zip 97701), 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
	17,674.0	139,647,020.0
	25	42
	$556,000	$338,100
	14.0%	16.6%
	79.0%	57.0%
	228.8%	101.1%
	$7.16	$10.98
	$2,903	$2,690
	53.8%	57.4%
	5.4%	11.2%
	40.7%	31.4%
Vacant Housing
	1.1%	1.9%
	0.2%	0.4%
	0.2%	0.7%
	0.6%	0.4%
	2.5%	3.6%
	0.8%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	1.0%	2.4%
	2.0%	2.8%
	0.3%	3.9%
	0.3%	4.5%
	1.7%	11.3%
	2.3%	13.0%
	10.1%	20.1%
	29.3%	13.6%
	22.5%	8.3%
	20.5%	9.7%
	5.4%	3.9%
	1.8%	2.2%
	0.1%	0.8%
	1.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	25.2%	13.6%
	25.2%	13.6%
	23.6%	13.6%
	10.5%	13.2%
	14.4%	14.8%
	23.6%	13.6%
	3.7%	10.0%
	1.1%	4.7%
	2.2%	12.2%

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