Bend Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$317,700

  • 9.1% 1-year change
  • 2.5% 1-year forecast

The median home value in Bend is $317,700. Bend home values have gone up 9.1% over the past year and Zillow predicts they will rise 2.5% within the next year. The median rent price in Bend is $1,695, which is higher than the Bend Metro median of $1,600.

Foreclosures will be a factor impacting home values in the next several years. In Bend 5.9 homes are foreclosed (per 10,000). This is lower than the Bend Metro value of 7.9 and also greater than the national value of 3.6

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Bend is 5.2%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Bend homeowners underwater on their mortgage is 9.9%, which is lower than Bend Metro at 10.7%.

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Relative ZHVI
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Bend Market Overview

Data through Jul 31, 2015
  • $317,700 ZHVI
  • 2.5% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • $326,025 Median sale price
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Bend Market Health

Data through Jul 31, 2015
  • 6.3/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 9.9% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 5.2% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

6 Bend
8 Bend Metro
4 United States
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Neighborhoods in Bend

Name Median ZHVI
Century West $511,100
River West $338,900
Old bend $322,300
Name Median ZHVI
Southeast Bend $314,600
Southwest Bend $295,200
Southern Crossing $249,800
Name Median ZHVI
Old Farm District $244,300
Larkspur $229,100
Orchard District $211,900

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $192 Median sale price / sq ft
  • No data Listings with price cut
8.3%
Sold below previous sale price
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Bend Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,631 Bend
    $1,581 Bend Metro
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $1,695 Rent list price
  • $1.00 Rent list price / sq ft
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