Market Intelligence · OR / Bend

Bend, OR 97701 Housing Market

The typical home value in Bend's 97701 ZIP is $603,669, down 1.6% over the past year. The median list price sits at $659,900, with homes taking a median of 70 days on market as of September 2026.

Updated September 2026Median value$599K

The median home value in Bend, OR 97701 is $599K as of September 2026, down 1.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 97701 range

$551K to $646K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.5% over 12 months

Sep 2025$607K

Low $597KHigh $610K

Sep 2026$599K

The numbers

What is the 97701 housing market like?

As of September 2026

Typical home value

$599K

1.5%YoY

Median list price

$660K

3.0%MoM

Days on market

9.4%MoM

Homes for sale

206

9.6%MoM

Price cuts

22.7%

4.0%MoM

New listings

30.6%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

97701 housing market forecast 2027

-0.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 97701 to stay roughly flat by September 2027 (down 0.3%).

Over the 12 months through September 2026, typical home values in 97701 fell 1.5%, per the Zillow Home Value Index.

Will home prices drop in 97701?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 97701 to stay roughly flat by September 2027 (down 0.3%), after a 1.5% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 97701 home prices compare?

97701$598,591
Bend$699,760
Oregon$456,438
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Bend: 4 ZIPs; Oregon: 339 ZIPs; United States: 26,262 ZIPs).

Context

Bend's 97701 market shows signs of inventory pressure. There are 206 homes for sale with 50 new listings in September 2026, yet 22.7% of those listings have already seen a price cut. Days on market averaging 70 suggests homes are not moving quickly. For sellers, this softness means pricing strategy and condition matter more than they have in recent years.

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Home price

Down payment20% · $119,718

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Common questions

What people ask us.

What is the typical home value in 97701?

The typical home value is $603,669, having declined 1.6% over the past year as of August 2026.

How long do homes stay on market in Bend's 97701?

The median days on market is 70 as of September 2026.

How many homes are listed for sale in 97701?

There are 206 homes for sale as of September 2026, with 50 new listings that month.

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