Spring 2026 has been one of the most talked-about real estate seasons in Central Oregon in years. Not because of chaos or record-breaking prices, but because of something buyers and sellers have not seen in a while: balance.
After several years of rapid price growth, limited inventory and pressure-cooker competition, the Central Oregon housing market is finding its footing. Here is a clear-eyed look at where things stand right now in Bend, Sisters and Redmond.
THE BIG PICTURE: A MARKET FINDING ITS BALANCE
The frenzied market of 2021 to 2023 is behind us. In its place is a market that rewards preparation over panic. Buyers have more homes to choose from, more time to make thoughtful decisions, and more room to negotiate. Sellers who price strategically and present their homes well are still achieving strong results.
Mortgage rates have pulled back to just below 6 percent for a 30-year fixed loan, the lowest level in over three years. That shift in buying power is bringing more buyers back to the table across all three markets.
WHERE EACH MARKET STANDS TODAY
BEND Median home price: approximately $706,500 Inventory: around 2.5 months of supply Days on market: approximately 56 to 66 days
Bend remains the regional hub and continues to attract strong buyer interest. Sales activity is up year-over-year and homes priced correctly in desirable neighborhoods are still moving quickly. The mid-range market under $750,000 sees the most consistent activity, while luxury homes above that threshold are taking longer to sell. For buyers, there is genuine opportunity here. For sellers, presentation and pricing strategy matter more than ever.
REDMOND Median home price: approximately $499,500 Inventory: approximately 1.5 months of supply Days on market: approximately 38 days
Redmond continues to be one of the most resilient and compelling markets in all of Central Oregon. With the tightest inventory of the three cities, well-priced homes here are still moving at a healthy pace. Redmond is attracting first-time buyers, young families and value-focused buyers from across the region. With a growing downtown, expanding airport and a planned downtown ice rink, Redmond's long-term fundamentals are strong.
SISTERS Median home price: approximately $677,500 Inventory: approximately 3 months of supply Days on market: longer than prior years
Sisters is the most selective market of the three. Buyers here are taking their time and prices have softened slightly from recent peaks. For sellers, careful pricing and strong presentation are key. For buyers who have always dreamed of the Sisters lifestyle, the ponderosa pines, mountain views and small-town charm, this is one of the more accessible windows in recent years.
WHAT THIS MEANS FOR BUYERS
If you have been sitting on the sidelines waiting for the right moment, spring 2026 may be it. More inventory, stabilizing prices and improved mortgage rates are converging in a way that creates real opportunity for prepared buyers.
The key word is prepared. Buyers who arrive with pre-approval, clear priorities and a knowledgeable local agent are winning. Those who wait for perfection are often the ones who look back with regret.
WHAT THIS MEANS FOR SELLERS
Selling in 2026 is not the same as selling in 2021. But it does not have to be harder. It just has to be smarter.
Homes priced right for today's market are still selling. Homes that are overpriced are sitting. The difference between a successful sale and a stale listing often comes down to one conversation with a local agent who knows the current numbers and can build the right strategy from day one.
If you are thinking about listing this spring or summer, now is the time to get that conversation started.
THE BOTTOM LINE
Central Oregon real estate in spring 2026 is a market of opportunity. Not the wild opportunity of a bubble, but the steady, genuine opportunity of a community that people keep choosing, keep investing in, and keep staying in for the long haul.
At Nexus 360 Realty, we live and work here. We know Bend, Sisters and Redmond from the inside. Whether you are buying, selling or simply trying to understand what the market means for your situation, we are here to help.
Let us start that conversation this week.
📞 (541) 610-5063 📧 [email protected] 🌐 Nexus360Realty.com 📍 Serving Bend · Sisters · Redmond · Central Oregon
