Market Intelligence · OR / Bend

Bend, OR 97703 Housing Market

In Bend, OR 97703, the typical home value is $994,140, up 0.5% over the past year as of September 2026. The median list price is $1,350,000, and homes spend a median of 80 days on market. That points to a high priced market with slow movement.

Updated September 2026Median value$994K

The median home value in Bend, OR 97703 is $994K as of September 2026, up 0.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 97703 range

$915K to $1.07M

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

+0.5% over 12 months

Sep 2025$989K

Low $987KHigh $995K

Sep 2026$994K

The numbers

What is the 97703 housing market like?

As of September 2026

Typical home value

$994K

0.5%YoY

Median list price

$1.35M

0.1%MoM

Days on market

11.1%MoM

Homes for sale

344

2.8%MoM

Price cuts

21.4%

4.5%MoM

New listings

25.0%MoM

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

The outlook

97703 housing market forecast 2027

-0.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 97703 to stay roughly flat by September 2027 (down 0.4%).

Over the 12 months through September 2026, typical home values in 97703 rose 0.5%, per the Zillow Home Value Index.

Will home prices drop in 97703?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 97703 to stay roughly flat by September 2027 (down 0.4%), after a 0.5% rise 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 97703 home prices compare?

97703$994,140
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

As of September 2026, Bend, OR 97703 has 344 homes for sale, with 70 new listings entering the market. The median list price is $1,350,000, while the typical home value is $994,140, up 0.5% over the past year. A median of 80 days on market gives buyers time to compare options, and 21.4% of listings show a price cut. The market is not frozen, but it is selective. For a seller, the honest read is that presentation and pricing discipline matter more than urgency.

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Home price

Down payment20% · $198,828

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Common questions

What people ask us.

How much is a home in 97703 worth?

The typical home value is $994,140, up 0.5% over the past year as of September 2026.

How fast are homes selling in Bend, OR 97703?

Homes spend a median of 80 days on market as of September 2026.

Are sellers cutting prices in 97703?

21.4% of listings show a price cut as of September 2026.

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Nearby ZIP markets.

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