What to know before you move: cost, market timing, who it fits.
If you're considering a move to Bend, OR, the most important variables are the local housing market, the cost structure (taxes, insurance, utilities), and how well the city fits your day-to-day life. This page summarizes the housing market read; pair it with the cost of living page for the full picture.
Bend is a city in Deschutes County, Oregon, with an estimated population of 106,926. The population grew 1.9% annually from 2020 to 2024, a moderate gain. The median home value in Bend is $735,193 as of 2026-04, down 2.5% over the last 12 months. Over the last five years, home values have averaged +3.3% annual growth (-8.7% from the 5-year peak). Rents in Bend average $2,237 per month, up 3.7% year-over-year. The composite momentum score is 57 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.
Sideways market (-2.5% YoY). No urgency to time the macro trend — focus on the home and neighborhood.
Reasons people move here
- Net positive migration: population up 1.9% per year — demand fundamentals are intact.
- The data is the data: Bend has at least 5 years of Zillow tracking, full Census identification, and is included in the 2-criteria momentum score on this page.
Things to know first
- Expensive AND not growing: median home $735,193 with only -2.5% YoY. You're paying premium pricing for a flat trend.
- Cooling: -2.5% over the trailing year — momentum has stalled.
More about Bend
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.