Central Oregon Real Estate Trends
February 2026
Bend, OR Housing Market
As February 2026 unfolded, Bend’s real estate market continued its into this unusually warm winter there was a small increase innew listings and a steady pace of buyer activity. Seasonal conditions and post-holiday timing often bring a natural pause to the market, and February reflected that pattern. While transaction volume remained lighter compared to the busy months of late 2025, interest from buyers—particularly those planning lifestyle moves or long-term investments in Central Oregon—remained present beneath the surface.
Home prices held relatively stable through the month, with only minor seasonal adjustments rather than meaningful declines. Well-presented and competitively priced homes continued to attract attention, though buyers showed increased selectivity and patience. With fewer competing offers in many cases, buyers benefited from additional time to evaluate properties and negotiate terms, creating a more balanced dynamic than during peak seasons.
Overall, February reinforced Bend’s reputation as a resilient market even during the quietest part of the year. While winter conditions naturally temper activity, the area’s core fundamentals—limited housing supply, steady migration interest, and exceptional access to outdoor recreation—continue to support long-term stability. As the region approaches spring, both buyers and sellers are closely watching for the seasonal uptick in listings and activity that typically arrives in the months ahead.
Bend by the Numbers
Inventory / Active
397
last month -> 374
AVG Days on Market
83
last month -> 99
AVG Sale Price to List Price
98%
last month -> 97%
Number of Homes Sold
122
last month -> 90
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Redmond, OR Housing Market
As February 2026 progressed, Redmond’s real estate market began to show early signs of seasonal momentum, influenced in part by an unusually mild winter across Central Oregon. Warmer temperatures and favorable conditions encouraged both buyers and sellers to re-engage with the market sooner than typical, leading to a modest uptick in showings and new listings compared to the slower pace usually seen this time of year.
While overall inventory remained relatively limited, well-priced homes in desirable neighborhoods continued to generate steady interest. Buyers appeared more active than expected for late winter, with many looking to secure homes ahead of the traditional spring rush. This early activity reflected growing confidence in Redmond’s long-term value, driven by its relative affordability compared to neighboring markets and its continued growth as a hub for families, remote workers, and those seeking access to Central Oregon’s outdoor lifestyle.
Overall, February highlighted Redmond’s evolving position within the regional housing market. The combination of warmer winter weather and sustained demand has begun to shift the timing of the typical seasonal cycle, hinting that the spring market may arrive earlier than usual this year. For both buyers and sellers, this early momentum presents an opportunity to act ahead of the larger wave of activity that often follows as Central Oregon transitions fully into spring.
Redmond by the Numbers
Inventory / Active
122
last month -> 116
AVG Days on Market
55
last month -> 64
AVG Sale Price to List Price
98.4%
last month -> 98.7%
Number of Homes Sold
37
last month -> 27
For the Love of February, Spring is Near
Looking ahead to spring, Central Oregon’s real estate market is poised for renewed energy and activity. As temperatures rise and more homes come onto the market, buyers will have a wider selection, while sellers can benefit from increased competition and visibility. Whether you’re planning to purchase your next home, invest in property, or evaluate long-term opportunities, now is the time to prepare thoughtfully. By understanding current trends and acting strategically, both buyers and sellers can position themselves to make the most of what promises to be an active and dynamic spring season in Redmond and Bend alike.
