The story of this market
The typical home in ZIP 97712 sells for about $727,925, or $414 per square foot.
Prices are up +5.1% from a year ago, so sellers still have some momentum. Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 97712 — Brothers
The Bend housing market is showing signs of stabilization with a 5.1% year-over-year increase in median sales price to $727,925. Tightening inventory and steady buyer demand are driving faster sales, though the market remains sensitive to interest rate fluctuations and affordability constraints.
This area is well-suited for outdoor enthusiasts, families seeking proximity to recreational amenities, and remote workers drawn to the high-desert lifestyle.
Median prices moved up 5.1% year over year.
Homes spend a median of 57 days on market with 2.8 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 96.9% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 6.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 97712, Deschutes County, OR
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Not determinable at the ZIP level; Bend generally experiences property crime rates consistent with regional mid-sized mountain cities.
Schools serving the area are part of the Bend-La Pine Schools district, which generally maintains a positive reputation for academic performance and extracurricular offerings.
The region faces significant wildfire risk during summer months, necessitating robust insurance coverage and adherence to fire-wise landscaping practices.
Economic momentum is driven by tourism, healthcare, and a growing remote-work population, with ongoing infrastructure projects to support the city's expansion.
Property taxes are assessed by Deschutes County based on real market value, with rates influenced by local school district levies and municipal bonds.
Commuting from this area primarily involves vehicle travel via US-97 or local arterials toward the central Bend employment core; public transit options are limited.
The area offers immediate access to the Deschutes River, extensive trail networks for hiking and mountain biking, and proximity to regional golf courses and shopping districts.
The rental market remains competitive due to limited supply and high demand from seasonal workers and new residents, keeping vacancy rates low.
The economy is anchored by healthcare (St. Charles Health System), tourism, and a growing tech and remote-work sector.
Transportation relies heavily on the highway network; the city is served by the Bend Area Transit system.
The city is focused on infill development and expanding housing supply to meet the needs of a growing population.
The Deschutes County Assessor manages property valuations, with assessments typically occurring annually.
Parcels may be subject to special levies for school districts, fire protection, and water/sewer utility districts.
Property insurance premiums are rising due to increased wildfire risk and regional hazard exposure.
Oregon continues to see net domestic migration, though the pace has moderated compared to the 2020-2022 period.
Oregon is primarily a non-judicial foreclosure state, with specific notice and redemption timelines defined by statute.
Sellers are required to provide a comprehensive property disclosure statement regarding the condition of the home.
Data retrieved from data.census.gov; figures represent ZCTA-level estimates.
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.
Central feature for recreation and scenic value.
Major retail and entertainment hub.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.