The story of this market
The typical home in Deschutes County, Oregon sells for about $749,000, or $386 per square foot.
Prices are down 5.59% from a year ago, which gives buyers more room to negotiate. Homes take about 78 days to sell, which is slow. Over the long run, values in this county have grown 299% since 2000. Last year 27 of 45 neighborhoods saw prices rise, so the story isn't the same street to street. HUD's fair market rent for a two-bedroom is $1,893 a month.
HUD sets the fair market rent for a 2-bedroom at $1,893 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2000–2025
+1%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2006 (+28.5%). Worst: 2009 (-21.2%). Hover to read a year.
Monthly price momentum
Home values since 2015
+0.3%
OR · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$2,621
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+1%
2025 change
FHFA repeat-sales index, median of 45 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
39
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $77,601,202.
Mortgage activity
Home lending in this county
83.8%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 14614 | 8762 | 83.8% | 7.1% | $395,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Deschutes County, Oregon
The Deschutes County housing market is experiencing a cooling phase characterized by declining year-over-year prices and rising inventory levels. Higher interest rates and affordability constraints are lengthening days on market and driving a higher share of price reductions. Buyers are currently in a stronger position than in previous years, though inventory remains constrained relative to long-term demand.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price diverges 16.6% from the nearest retained anchor (published ten-year series (2026)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.
Select a city to expand its ZIP intel reports beneath · 8 cities · 11 ZIP reports
Median prices moved down 0.1% year over year.
Homes spend a median of 66 days on market with 3.5 months of supply — a fast-moving market.
20% of listings have cut prices · homes sell at 98.44% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 8.9% — a stable, low-distress profile.
Deterministic aggregate of 11 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Deschutes County, Oregon — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 26
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| 97701 | Bend | $727,925 | $378 | +5.1% | 64 | 98.9% | 19% | 2.8 | 2,641 | $2,100 | researched Sep 26 |
| 97702 | Bend | $727,925 | $378 | +5.1% | 64 | 98.9% | 19% | 2.9 | 595 | $2,495 | researched Sep 26 |
| 97703 | Bend | $1,400,000 | $414 | +5.1% | 60 | 96.9% | 19% | 2.8 | 324 | $2,200 | researched Sep 26 |
| 97707 | Sunriver | $785,000 | $385 | -7% | 45 | 97.5% | 15% | 6.2 | 245 | $2,200 | researched Sep 26 |
| 97708 | Bend | $727,925 | $414 | +5.1% | 57 | 96.9% | 19% | 2.8 | 564 | $1,850 | researched Sep 26 |
| 97709 | Bend | $700,000 | $378 | -6.7% | 64 | 98.9% | 19% | 2.8 | 2,641 | $2,495 | researched Sep 26 |
| 97712 | Brothers | $727,925 | $414 | +5.1% | 57 | 96.9% | 19% | 2.8 | 564 | $1,850 | researched Sep 26 |
| 97739 | La Pine | $679,900 | $378 | -1.8% | 64 | 98.9% | 19% | 2.8 | 2,641 | $1,850 | researched Sep 26 |
| 97756 | Redmond | $679,900 | $378 | -1.8% | 64 | 98.9% | 19% | 7.2 | 2,641 | $2,150 | researched Sep 26 |
| 97759 | Sisters | $832,000 | $378 | -6.7% | 64 | 98.9% | 19% | 2.8 | 2,641 | $2,200 | researched Sep 26 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Crime rates in Deschutes County generally track with state averages, with property crime being the primary concern in urban centers like Bend and Redmond compared to more rural areas.
The county is served by several well-regarded school districts, including Bend-La Pine Schools, which consistently perform above state averages in academic proficiency and graduation rates.
The region faces significant wildfire risk, particularly in the wildland-urban interface, leading to increased scrutiny of property insurance availability and rising premiums.
Economic momentum is driven by a diverse mix of tourism, outdoor recreation, and a growing technology and remote-work sector, supported by ongoing infrastructure investments in the Bend-Redmond corridor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Oregon) — Active-Duty Military Property Tax Exemption: Allows for the exemption of a portion of the assessed value of a primary residence from local property taxes for a period of three to five years in standard zones, or up to 15 years in rural zones. State (Oregon) — Disabled Veteran or Surviving Spouse Property Tax Exemption: Provides a reduction in the assessed value of the primary residence, effectively lowering the property tax burden based on the exemption amount set by statute. State (Oregon) — Ad Valorem Property Tax: Tax is calculated on the lesser of Real Market Value (RMV) or Maximum Assessed Value (MAV). MAV is limited to a 3% annual growth rate unless physical changes occur to the property. The tax is the product of the taxable assessed value and the local taxing district's millage rate.
The economy is anchored by tourism, healthcare, and a burgeoning professional services sector, with significant employment provided by St. Charles Health System and local government.
The county relies heavily on US Highway 97 as the primary north-south corridor, with regional transit services provided by Cascades East Transit.
The Deschutes County Assessor manages property valuations in accordance with Oregon's strict constitutional assessment limitations.
The county includes various special districts for fire protection, water, and irrigation, alongside the Central Oregon Community College district.
Property insurance markets are tightening due to wildfire risk, with many carriers adjusting underwriting guidelines for homes in high-risk zones.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A premier destination for winter sports and summer mountain biking, serving as a major economic and recreational anchor.
Provides extensive opportunities for fishing, rafting, and kayaking, and serves as the central greenbelt for the county's urban areas.
Internationally recognized for rock climbing and hiking, drawing significant tourism and outdoor enthusiasts to the region.
Data retrieved from data.census.gov
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
applies when — Members of the Oregon National Guard or Reserve who are deployed.
Allows for the exemption of a portion of the assessed value of a primary residence from local property taxes for a period of three to five years in standard zones, or up to 15 years in rural zones.
Business Oregon Enterprise Zone statutes
applies when — Qualified disabled veterans or their surviving spouses meeting specific disability or service-connected criteria.
Provides a reduction in the assessed value of the primary residence, effectively lowering the property tax burden based on the exemption amount set by statute.
ORS 307.250
Tax is calculated on the lesser of Real Market Value (RMV) or Maximum Assessed Value (MAV). MAV is limited to a 3% annual growth rate unless physical changes occur to the property. The tax is the product of the taxable assessed value and the local taxing district's millage rate.
Oregon Constitution; ORS Chapter 308
applies when — Delinquency of property taxes for a period of three years from the earliest date of delinquency.
The county may initiate foreclosure proceedings to seize the property to satisfy the tax lien. Owners have redemption rights prior to the judgment of foreclosure.
ORS 312.010
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.