Central Oregon Real Estate Trends
May 2026
Bend, OR Housing Market
As May 2026 progressed, Bend’s real estate market continued to demonstrate strong momentum and healthy market activity across the region. Building on the gains seen throughout the spring season, buyer engagement remained elevated while new listings helped create a more balanced and dynamic marketplace. Seasonal demand, favorable weather, and Bend’s continued appeal as a premier Central Oregon destination contributed to increased activity and a noticeably energetic market environment.
Inventory levels expanded throughout May, offering buyers a wider selection of homes across a variety of price points, neighborhoods, and property styles. While additional inventory provided more opportunities for house hunters, demand remained steady as both local residents and relocating buyers continued to pursue homeownership in Bend. The city’s desirable lifestyle, recreational amenities, strong community atmosphere, and long-term value proposition continued to attract interest from a broad range of buyers.
Home prices remained stable overall, with desirable neighborhoods and move-in-ready properties continuing to command strong attention. Buyers showed confidence as market conditions improved, often acting quickly when well-priced homes became available. Sellers benefited from increased showing activity, stronger buyer interest, and favorable market exposure, particularly for properties that were thoughtfully prepared and competitively priced.
Market conditions reflected a healthy balance between supply and demand, creating opportunities for both buyers and sellers to achieve their goals. While buyers enjoyed more options than earlier in the year, attractive properties continued to move efficiently, reinforcing the strength of underlying demand throughout the Bend market.
Overall, May further solidified Bend’s position as one of Oregon’s most sought-after housing markets. Continued buyer interest, growing inventory, and sustained market activity combined to create a stable and competitive environment. As the region moves closer to the peak summer season, Bend remains well-positioned for continued growth, active transaction volume, and strong real estate performance in the months ahead.
Bend by the Numbers
Inventory / Active
569
last month -> 484
AVG Days on Market
33
last month -> 56
AVG Sale Price to List Price
99%
last month -> 100%
Number of Homes Sold
158
last month -> 150
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Redmond, OR Housing Market
As May 2026 unfolded, Redmond’s real estate market continued to gain momentum, building on the strong activity seen throughout the spring season. Inventory expanded significantly, with active listings rising to 224 homes, up from 205 in April, giving buyers more opportunities while maintaining a healthy level of market competition. Increased selection helped attract a wider range of buyers looking to take advantage of Redmond’s affordability and quality of life before the busy summer market arrives.
Buyer demand remained strong throughout the month, resulting in 63 homes sold, a notable increase from 49 sales in April. The rise in closed transactions reflects continued confidence in the local market and highlights Redmond’s appeal as one of Central Oregon’s fastest-growing communities. Well-maintained and strategically priced homes continued to attract significant attention, often generating strong showing activity and favorable offers.
Pricing remained stable and competitive, with homes selling for an average of 98.7% of list price, slightly higher than April’s 98.5%. This consistency demonstrates that buyers remain willing to pay near asking price for desirable properties, while sellers continue to benefit from favorable market conditions. Homes that offered modern updates, desirable locations, and move-in-ready condition performed particularly well.
Market efficiency also improved during May, with the average days on market decreasing to 41 days, down from 56 days the previous month. The shorter selling timeframe indicates increased buyer urgency and stronger overall demand as the market moves closer to peak season.
Overall, May reinforced Redmond’s position as a vibrant and growing housing market. Rising inventory, increased sales activity, stronger pricing performance, and faster market times all point to a healthy balance between buyer demand and available housing. As Central Oregon heads into summer, Redmond remains well-positioned for continued growth, sustained buyer interest, and an active real estate environment in the months ahead.
Redmond by the Numbers
Inventory / Active
224
last month -> 205
AVG Days on Market
41
last month -> 56
AVG Sale Price to List Price
98.7%
last month -> 98.5%
Number of Homes Sold
63
last month -> 49
May Closed with Strong Activity and Continued Market Confidence
As May came to a close, the Central Oregon real estate market continued to demonstrate strength and stability, carrying spring momentum into the doorstep of the busy summer season. Across Bend and Redmond, buyer demand remained healthy while inventory levels expanded, creating a more balanced marketplace and providing opportunities for both buyers and sellers as market activity continued to increase.
The combination of longer days, favorable weather, and sustained consumer confidence has helped keep buyers actively engaged throughout the region. Many prospective homeowners are looking to make a move before summer competition intensifies, while sellers are benefiting from increased visibility and stronger showing activity. Homes that are well-prepared, properly marketed, and competitively priced continue to attract significant interest and perform exceptionally well in today’s market.
For buyers, the increase in available inventory is creating more options and flexibility than were available earlier in the year. At the same time, desirable properties continue to move efficiently, reinforcing the importance of being prepared when the right opportunity arises. For sellers, current market conditions offer an excellent opportunity to capitalize on active buyer demand and strong seasonal exposure.
As Central Oregon moves into the peak summer real estate season, both Bend and Redmond remain positioned for continued activity, healthy competition, and steady market performance. Whether you’re considering buying, selling, or investing, staying informed and working with a knowledgeable local real estate professional can help you make the most of the opportunities that lie ahead.
