What Central Oregon’s Housing Market Is Signaling for 2026
As the market looks ahead, Central Oregon’s single family housing picture is settling into familiar territory. Recent local appraisal data suggests conditions moving into 2026 will look much like the past year, steady demand, stable pricing, and limited inventory across the region.
In Bend, buyer demand continues to support home values even as activity slows seasonally. Median pricing has drifted closer to last year’s levels, largely reflecting fewer high-end sales rather than broader softening. Luxury homes still influence the numbers, with a sizable share of recent sales coming from properties priced above one million dollars. Homes are taking longer to sell than during peak summer months, which aligns with Central Oregon’s typical seasonal pattern.
Redmond remains balanced and resilient. Prices are still up compared to last year, days on market have inched higher, and inventory is holding at roughly a month and a half of supply. That combination points to a healthy market that is neither overheated nor sluggish.
Sisters has seen modest price movement with inventory holding steady. Homes are spending more time on the market, giving buyers more breathing room while sellers continue to benefit from limited supply. Sunriver reflects a similar dynamic, with pricing influenced more by the mix of homes selling than by any meaningful shift in demand. Longer days on market signal a slower pace, not a lack of interest.
La Pine continues to stand out on affordability. While prices dipped slightly, homes are selling faster than earlier in the season, suggesting renewed momentum as buyers focus on value-oriented opportunities.
Overall, this is what a normalizing Central Oregon market looks like. Prices are holding, inventory remains constrained, and time on market has settled into a more sustainable range after the volatility of recent years. Barring major outside disruptions, conditions are expected to remain relatively consistent into 2026.
If you’re thinking about making a move in Central Oregon, this type of stability can create opportunity. If you’d like a closer look at how your neighborhood or price range is performing, reach out anytime! I’m happy to help you plan your next step with confidence.
