Home Values

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

$293,800

  • 8.3% 1-year change
  • -0.3% 1-year forecast

The median home value in Bend is $293,800. Bend home values have gone up 8.3% over the past year and Zillow predicts they will fall -0.3% within the next year. The median list price per square foot in Bend is $193, which is higher than the Bend Metro average of $182. The median price of homes currently listed in Bend is $369,000 while the median price of homes that sold is $290,290. The median rent price in Bend is $1,500, which is higher than the Bend Metro median of $1,425.

Foreclosures will be a factor impacting home values in the next several years. In Bend 5.3 homes are foreclosed (per 10,000). This is lower than the Bend Metro value of 6.4 and also greater than the national value of 4.5

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 7.3%, which is higher than the national value of 6.9%. 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 11.2%, which is lower than Bend Metro at 12.1%.

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Relative ZHVI
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Bend Market Overview

Data through Oct 31, 2014
  • $293,800 ZHVI
  • -0.3% 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
    (Oct 31, 2015)
  • $369,000 Median listing price
  • $290,290 Median sale price
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Bend Market Health

Data through Oct 31, 2014
  • 5.6/10 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
  • 11.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 7.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

5.3 homes Bend
6.4 homes Bend Metro
4.5 homes United States
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Neighborhoods in Bend

Name Median ZHVI
Century West $523,000
River West $363,600
Old bend $331,200
Name Median ZHVI
Southeast Bend $327,100
Southwest Bend $312,200
Southern Crossing $270,200
Name Median ZHVI
Old Farm District $261,100
Larksput $244,200
Orchard District $230,700

Listings & Sales

Data through Oct 31, 2014
  • $193 Median list price / sq ft
  • $174 Median sale price / sq ft
  • 39.2% Listings with price cut
18.0%
Sold below listing
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Bend Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,561 Bend
    $1,482 Bend Metro
    $1,337 United States

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

  • 2.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,500 Rent list price
  • $0.96 Rent list price / sq ft
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