Homes for Sale in Bend, Oregon: Market Data, Neighborhoods, and Expert Insights for 2025

Thinking about making Bend, Oregon your new home? Whether you’re searching for a cozy condo downtown, a spacious single-family retreat, or a luxury estate with mountain views, Bend’s real estate market is as dynamic and diverse as its natural beauty. With 26 years of experience guiding buyers and sellers across the Pacific Northwest, I’m here to give you the latest market insights, neighborhood highlights, and expert advice for finding your perfect place in Bend — and beyond.

Current Market Overview: Bend, Oregon (2024-2025)

The Bend housing market remains robust, with steady demand across all price ranges. Inventory has gradually increased, giving buyers more options, while prices have stabilized after the rapid gains of recent years. Here’s a breakdown of what you can expect in today’s market:

• $0–$500,000: Entry-level homes, condos, and townhomes. Inventory is tight, with most options in older neighborhoods or smaller developments. Average price per square foot: $350–$420. Market time: 15–25 days. Popular areas: Midtown, NE Bend, and select spots in SE Bend.
• $500,000–$750,000: Modern single-family homes, newer townhomes, and updated condos. Expect more choices in neighborhoods like River West, Shevlin Commons, and parts of Old Mill. Average price per square foot: $400–$470. Market time: 18–30 days.
• $750,000–$1,000,000: Larger homes, often with upgraded finishes or larger lots. Sought-after communities include Northwest Crossing, Westgate, and Awbrey Butte. Average price per square foot: $450–$520. Market time: 22–35 days.
• $1,000,000–$1,500,000: Upscale single-family homes, some with Cascade Mountain views or river frontage. Neighborhoods: Northwest Crossing, River West, Downtown Bend, Broken Top, and Shevlin. Average price per square foot: $500–$600. Market time: 30–45 days.
• $1,500,000–$2,000,000: Luxury estates, custom builds, and homes in master-planned communities. Look at Broken Top, Discovery West, Tetherow, and select lots in Awbrey Butte. Average price per square foot: $580–$650. Market time: 40–55 days.
• $2,000,000–$2,500,000: Architectural masterpieces and homes with premium amenities. Popular in Tetherow, Broken Top, and Pronghorn. Average price per square foot: $600–$700. Market time: 50–70 days.
• $2,500,000–$3,000,000: Expansive luxury estates, often with acreage or golf frontage. Find these in Pronghorn, Brasada Ranch, and Black Butte Ranch. Average price per square foot: $650–$750. Market time: 60–80 days.
• $3,000,000–$4,000,000: Ultra-luxury estates with stunning views and high-end finishes. Neighborhoods: Caldera Springs, The Highlands, and select custom builds in Tetherow. Average price per square foot: $700–$850. Market time: 70–90 days.
• $4,000,000–$5,000,000: Rare, statement properties with exceptional privacy and amenities. Look to Treefarm, The Highlands, ranch and acreage proeprties in Tumalow & Sisters,  and in coveted Westgate. Average price per square foot: $800–$950. Market time: 85–110 days.
• $5,000,000+: The pinnacle of Central Oregon luxury. Think sprawling estates, huge views, equestrian facilities, and private riverfronts. Expect to find these in The Highlands, Westgate, Treefarm, and select gated enclaves. Average price per square foot: $900–$1,200. Market time: 100+ days.

Neighborhood Snapshots

• Northwest Crossing: Beloved for its walkability, parks, and craftsman-style homes.
• Tetherow: Golf, luxury, and modern architecture with mountain backdrops.
• Caldera Springs & Broken Top: Resort-style amenities, gated entries, and custom estates.
• Westgate, Tree Farm, The Highlands: Master-planned communities with privacy, trails, and and extrra-large. The premier Bend neighborhoods.
• River West & Old Mill: Urban living, river access, and vibrant dining scenes.
• Awbrey Butte & Shevlin Commons: Elevated living with panoramic vistas.
• Discover West: Modern homes walking distance to amenities, trails, recreation with its own commercial core.

Spotlight: Sisters, Oregon

Sisters offers a charming small-town feel with a vibrant arts community and access to Black Butte Ranch. Homes range from $500,000–$2,500,000, with a mix of cozy cabins, custom homes, and luxury ranches. Average price per square foot: $400–$600. Market time: 35–60 days. Black Butte Ranch stands out for its resort amenities and scenic beauty.

Spotlight: Sunriver, Oregon

Sunriver is a resort paradise, perfect for vacation homes, investment properties, and full-time living. Prices range from $600,000–$2,500,000+, with condos, townhomes, and luxury estates in Caldera Springs and Sunriver Resort. Average price per square foot: $420–$650. Market time: 30–65 days. Caldera Springs is a top pick for luxury and amenities and the newest Sunriver area neighborhood. Vacation rental friendly.

Spotlight: Redmond, Oregon

Redmond is Central Oregon’s fastest-growing city, offering affordability and new construction. Homes range from $400,000–$1,200,000, with options in Eagle Crest and Pronghorn for golf and resort living. Average price per square foot: $300–$450. Market time: 20–40 days. Eagle Crest is ideal for families and retirees alike.

Central Oregon at a Glance: 2024-2025

• Median Sale Price (Bend): $735,000
• Median Sale Price (Region): $560,000
• Average Market Time: 24 days
• Inventory: Up 14% year-over-year, giving buyers more choices
• Luxury Segment: Strong, with steady demand for homes $1.5M+

Why Work with Marcel Dolak?

With over 26 years of experience full-time as a REALTOR in the Pacific Northwest, I bring unmatched local knowledge, expert negotiation skills, and a passion for helping clients find the right fit. Whether you’re eyeing a master-planned community, a luxury estate, a ski or snowboard getaway, or your first home, I’m here to guide you every step of the way. Explore more insights, listings, and resources at www.marceldolak.com.

Ready to explore homes for sale in Bend, Sisters, Sunriver, or Redmond? Let’s connect and make your Central Oregon dream a reality!