Central Oregon Real Estate Trends
December 2025
Bend, OR Housing Market
The city of Bend—beloved by residents and visitors alike—continued to showcase its enduring appeal as winter began to settle in, bringing with it a natural seasonal slowdown in real estate activity. November’s reports highlighted several noteworthy developments shaping buyer and seller decisions as the market eased into its winter rhythm. We saw modest adjustments in average home prices—an expected shift during this time of year and an indicator worth watching, as these subtle movements often reflect broader market forces. Paired with a slight change in inventory, these trends pointed to a market adjusting thoughtfully to evolving demand.
Rather than dramatic swings, Bend’s real estate market experienced a healthy winter recalibration. The cooling pace signaled a move away from the intensity of recent years toward a more balanced and sustainable environment. This seasonal slowdown created opportunities for buyers seeking less competition, while allowing sellers to price strategically and plan ahead for spring. As these patterns unfolded, Bend continued to stand out as a highly desirable place to live and invest—offering long-term value within Central Oregon’s ever-appealing landscape.
Bend by the Numbers
Inventory / Active
435
last month -> 520
AVG Days on Market
94
last month -> 71
AVG Sale Price to List Price
98%
last month -> 98%
Number of Homes Sold
128
last month -> 124
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Redmond, OR Housing Market
Redmond by the Numbers
Inventory / Active
131
last month -> 147
AVG Days on Market
59
last month -> 69
AVG Sale Price to List Price
98.6%
last month -> 98%
Number of Homes Sold
56
last month -> 48
A New Year, A New Market for Buyers and Sellers in Central Oregon
As the new year begins, Central Oregon’s housing market is entering a fresh phase—one shaped by greater balance after the heightened activity of recent years. This evolving landscape is creating new dynamics for both buyers and sellers. Buyers are stepping into a market with more breathing room, facing less competition and gaining increased negotiating power, particularly on homes that have been available longer. Sellers, meanwhile, are finding success by approaching the new market with realistic expectations—prioritizing strategic pricing, thoughtful updates, and strong presentation to stand out to serious, well-qualified buyers.
Investment Perspective
Looking ahead, Central Oregon continues to present compelling opportunities for investors in the new year. Communities such as Bend, Redmond, and Sunriver remain highly desirable, drawing remote workers, retirees, and visitors throughout all seasons. With steady population interest and lifestyle-driven demand, both long-term and short-term rental markets are expected to remain resilient. Investors who pay close attention to local trends, rental regulations, and occupancy patterns will be best positioned to capitalize on this next chapter of growth.
Navigating the New Market with Confidence
A new year also brings a renewed opportunity to reassess goals and plan strategically. Staying informed is essential as Central Oregon’s real estate market continues to move toward equilibrium. Buyers can benefit from increased selection and flexibility, while sellers who clearly communicate value and market their homes effectively can still achieve strong results.
As 2026 unfolds, keeping a close eye on market trends will be key to making confident, well-timed decisions. Central Oregon’s real estate market remains vibrant and inviting—supported by strong communities, stunning landscapes, and the lifestyle opportunities that continue to make this region one of the most sought-after places to live and invest.
