Bend Oregon Real Estate - March 2026 Trends
By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
What is happening in the Bend real estate market right now?The Bend, Oregon real estate market in March 2026 is active but price-sensitive. Home sales and pending transactions are up over 20% year-over-year, while median prices have declined 7.4%. Buyers are active, but only when homes are priced correctly relative to current interest rates.Pricing Softens While Buyer Activity AcceleratesMarch 2026 shows a very clear shift in the Bend real estate market: prices pulled back while activity picked up. This is not a contradiction—it's exactly how a transitioning market behaves.The median sales price came in at $685,000, down 7.4% year-over-year, and price per square foot dropped 3.6% to $375. At the same time, closed sales jumped 20% and pending sales rose 20.7%, signaling that buyers are a...
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