Monthly Archives: January 2023

Bend Real Estate Market Update – 2022 Recap

Bend, Oregon home values have come down since the peak of $775,000 in March 2022 but they are still up when compared to this time last year. The average sales price increased 11.53% to $868,247 and the median sales price increased 12.73% to $729,900. The median sales price at the start of 2022 was $740,000. It peaked at $775,000 in March and gradually started coming down to reach a low of $678,000 in December. Taking into account the highs and lows this year, the median sales price overall has settled at $729,900.