Market Intelligence · OR / Bend

Bend, OR 97703 Housing Market

The typical home value in Bend's 97703 ZIP code is $1,012,336, up 0.3% over the past year. The median list price stands at $1,350,000, with homes taking a median of 80 days on market as of September 2026.

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. 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 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

Typical home value in 97703 over the last 12 months: $989K in Sep 2025 to $994K in Sep 2026 (+0.5%).

Sep 2025$989K

Sep 2026$994K

The numbers

What is the 97703 housing market like?

Typical home value

$994K

Up0.5%YoY

Median list price

$1.35M

Up0.1%MoM

Days on market

80

Up11.1%MoM

Homes for sale

344

Down2.8%MoM

Price cuts

21.4%

Down4.5%MoM

New listings

70

Up25.0%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

Bend's 97703 ZIP is showing a mixed picture. There are 344 homes for sale with 70 new listings added in September 2026, suggesting steady supply. The median of 80 days on market reflects a slower pace than recent years. More tellingly, 21.4% of listings carry a price cut, which indicates some sellers are adjusting expectations. If you're thinking about selling, understand that the market has cooled and buyers are taking their time.

Monthly payment

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20% · $198,828

Common questions

What people ask us.

What is the typical home value in 97703?

The typical home value in Bend's 97703 ZIP code is $1,012,336, up 0.3% over the past year as of August 2026.

How many homes are currently for sale in 97703?

As of September 2026, there are 344 homes for sale with 70 new listings added that month.

How long do homes typically stay on the market here?

The median days on market is 80 as of September 2026, reflecting a slower sales pace.

Discover

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