Duke Warner Realty

Central Oregon Real Estate Trends

March 2026

Bend, OR Housing Market

As March 2026 took hold, Bend’s real estate market began to noticeably pick up pace, signaling an early and broad-based spring surge. Activity increased across the board, with a meaningful rise in new listings, stronger buyer engagement, and more transactions moving forward compared to the slower winter months. Even with lingering wintry conditions, the market showed clear signs of renewed momentum.

Inventory expanded as more sellers chose to enter the market, giving buyers a wider range of options than in previous months. At the same time, buyer activity intensified—driven by those eager to secure a home ahead of the competitive spring season, as well as continued interest from lifestyle buyers and long-term investors drawn to Central Oregon. This combination led to quicker movement on well-priced homes and a gradual return of competitive dynamics in certain segments.

Home prices remained stable overall, with slight upward pressure emerging in desirable neighborhoods and for turnkey properties. Buyers, while still thoughtful, appeared more decisive as opportunities increased and competition began to build. Sellers who positioned their homes well benefited from stronger visibility and improved negotiating leverage compared to earlier in the year.

Overall, March marked a clear transition out of winter’s slower pace and into a more active and energized market environment. Bend continues to demonstrate resilience, supported by strong underlying demand, limited long-term supply, and its unmatched lifestyle appeal. As spring unfolds, both buyers and sellers can expect continued momentum and a more competitive landscape in the months ahead.

Bend by the Numbers

Inventory / Active

442
last month -> 397

AVG Days on Market

59
last month -> 83

AVG Sale Price to List Price

99%
last month -> 98%

Number of Homes Sold

151
last month -> 122

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Redmond, OR Housing Market

As March 2026 unfolded, Redmond’s real estate market stepped firmly into a more active phase, with a noticeable increase in activity across the board. Building on February’s early momentum, the market saw a stronger surge in new listings, heightened buyer interest, and more transactions taking shape—despite the return of cooler, more wintry spring conditions across Central Oregon.

Inventory continued to grow as more sellers entered the market, creating greater choice for buyers who had been waiting on the sidelines. At the same time, buyer activity accelerated, with many looking to get ahead of the traditional spring rush. Well-priced homes in desirable neighborhoods began moving more quickly, and competition started to re-emerge in certain price points, signaling a shift toward a more dynamic market environment.

Home values remained steady, with subtle upward pressure in areas seeing the most demand. Buyers appeared more decisive compared to the winter months, while still maintaining a level of selectivity. Sellers who came to market prepared and priced strategically benefited from increased visibility and stronger negotiating positions.

Overall, March marked a clear transition into a more energized and competitive market for Redmond. Its continued appeal—driven by relative affordability, growth, and access to Central Oregon’s lifestyle—remains a key factor fueling demand. With momentum building and activity rising across the board, the stage is set for a busy and opportunity-filled spring season ahead.

Redmond by the Numbers

Inventory / Active

151
last month -> 122

AVG Days on Market

59
last month -> 55

AVG Sale Price to List Price

98.9%
last month -> 98.4%

Number of Homes Sold

45
last month -> 37

March was here, do we dare say spring is too?

Spring may be putting on a wintry encore across Central Oregon, but the real estate market is telling a different story—it’s heating up fast. Despite the return of snow and chilly mornings, momentum is building as more homes begin to hit the market and buyer activity picks up. Inventory is expanding, giving buyers more options, while sellers are stepping into a window of increased exposure and competition.

Whether you’re looking to make a move, invest, or simply keep a pulse on the market, now is the time to get ahead of the curve. A little preparation and a clear understanding of current trends can go a long way. Even with winter lingering in the air, the spring market in Bend and Redmond is already in full swing—and shaping up to be an active, opportunity-filled season.