Central Oregon Market Report: August 30, 2026 to September 5, 2026

Bend

Seller's market with 3.9 months of supply. Median sale price $760,000 over the trailing 12 months (↓ 1.9% YoY). Median 25 days on market.

Supply is tight relative to demand, so well priced homes are drawing attention quickly and sellers hold the leverage.

Black Butte Ranch

Culver

La Pine

Buyer's market with 9.4 months of supply. Median sale price $415,000 over the trailing 12 months (↓ 2.9% YoY). Median 50 days on market.

There are more homes for sale than current demand is absorbing, which gives buyers room to negotiate on price and terms.

Madras

Powell Butte

Prineville

Redmond

Seller's market with 3.95 months of supply. Median sale price $532,000 over the trailing 12 months (↓ 1.4% YoY). Median 21 days on market.

Supply is tight relative to demand, so well priced homes are drawing attention quickly and sellers hold the leverage.

Sisters

Buyer's market with 6.8 months of supply. Median sale price $760,000 over the trailing 12 months (↓ 1.9% YoY). Median 39 days on market.

There are more homes for sale than current demand is absorbing, which gives buyers room to negotiate on price and terms.

Sunriver

Balanced market with 5.9 months of supply. Median sale price $870,000 over the trailing 12 months (↓ 1.1% YoY). Median 34 days on market.

Supply and demand are close to even, so realistic pricing matters more than timing for both sides.

Terrebonne

Buyer's market with 8.3 months of supply. Median sale price $600,000 over the trailing 12 months (↓ 6.6% YoY). Median 97 days on market.

There are more homes for sale than current demand is absorbing, which gives buyers room to negotiate on price and terms.