Home appreciation in Bend, OR

Over the five years ending 2025, home prices in Bend, OR grew an average of 9.0% a year.

Price growth at a glance

1-year

+1.5%

2025 over 2024. Oregon: +2.1%.

5-year, per year

+9.0%

Average annual growth, 2020 to 2025. Oregon: +6.7%.

10-year, per year

+8.7%

+130.1% in total since 2015. Oregon: +6.8%.

How does your home compare?

Bend, OR home prices rose 130.1% over the ten years to 2025, while its ZIP codes ranged from +100.8% to +153.8%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Bend, OR compares with Oregon

Oregon averaged +6.7% a year, so Bend, OR grew faster than the state overall. For five-year price growth, Bend, OR ranks 211th out of 409 metros nationwide and 1st out of 8 in Oregon.

Index, 2005 = 100

Bend, OR and Oregon, quarterly house price index rebased to 100 in 2005.
YearBend, OROregon
2005 Q1100100
2005 Q2107105
2005 Q3115111
2005 Q4125116
2006 Q1134120
2006 Q2145125
2006 Q3150128
2006 Q4151131
2007 Q1152132
2007 Q2149134
2007 Q3147133
2007 Q4146134
2008 Q1140133
2008 Q2134130
2008 Q3124126
2008 Q4117124
2009 Q1116124
2009 Q2109119
2009 Q397115
2009 Q493113
2010 Q190111
2010 Q286109
2010 Q385109
2010 Q485107
2011 Q181103
2011 Q281100
2011 Q382101
2011 Q483102
2012 Q184100
2012 Q28299
2012 Q384101
2012 Q487103
2013 Q190104
2013 Q296106
2013 Q3100109
2013 Q4104111
2014 Q1107112
2014 Q2111116
2014 Q3115118
2014 Q4117119
2015 Q1119121
2015 Q2124125
2015 Q3128129
2015 Q4130131
2016 Q1133134
2016 Q2137139
2016 Q3143143
2016 Q4145145
2017 Q1146147
2017 Q2154152
2017 Q3155154
2017 Q4157155
2018 Q1160157
2018 Q2165161
2018 Q3167163
2018 Q4169163
2019 Q1171165
2019 Q2173168
2019 Q3177170
2019 Q4179172
2020 Q1181173
2020 Q2184175
2020 Q3188179
2020 Q4195183
2021 Q1205190
2021 Q2225202
2021 Q3244214
2021 Q4254220
2022 Q1262227
2022 Q2275239
2022 Q3279238
2022 Q4271231
2023 Q1267231
2023 Q2274236
2023 Q3278237
2023 Q4274234
2024 Q1281237
2024 Q2287241
2024 Q3284242
2024 Q4283241
2025 Q1285243
2025 Q2288246
2025 Q3289246
2025 Q4289246
2026 Q1287248
2026 Q2290250

Chart through 2026 Q2. Annual growth figures through 2025.

Five-year and ten-year growth rates were similar, at +8.7% a year over ten years and +130.1% in total, suggesting a similar pattern over both periods.

Over this history, home prices peaked in 2007, fell 44.8% to its 2011 low, and regained the 2007 level in 2017.

The strongest year was 2006 at +29.5%, and the weakest was 2009 at -19.4%.

In 2025 alone the index moved +1.5%, against +2.1% for the state.

ZIP codes in Bend, OR

Over the ten years to 2025, the 10 ZIP codes FHFA measures in this metro ranged from +100.8% in 97753 to +153.8% in 97754, while the metro as a whole rose 130.1%.

Fastest-rising ZIP codes

10-year change

  1. 97754+153.8%
  2. 97741+151.2%
  3. 97739+142.9%
  4. 97707+137.4%
  5. 97756+132.5%

Slowest-rising ZIP codes

10-year change

  1. 97753+100.8%
  2. 97759+110.0%
  3. 97760+113.3%
  4. 97702+119.1%
  5. 97701+121.9%
ZIP codes in Bend, OR ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
97754+4.1%+8.7%+9.8%+153.8%
97741+4.4%+8.6%+9.6%+151.2%
97739+2.9%+9.1%+9.3%+142.9%
97707+1.5%+8.7%+9.0%+137.4%
97756+3.3%+8.9%+8.8%+132.5%
97701-0.4%+8.6%+8.3%+121.9%
97702-0.9%+8.5%+8.2%+119.1%
97760-12.4%+7.6%+7.9%+113.3%
97759+11.3%+8.7%+7.7%+110.0%
97753-2.6%+7.2%+7.2%+100.8%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Bend, OR and Oregon, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006129.5+29.5%116.6
2007132.5+2.3%123.2
2008115.2-13.1%118.8
200992.9-19.4%108.6
201077.3-16.8%100.9
201173.2-5.3%93.8
201275.4+3.0%93.2
201387.3+15.8%99.4
2014100.5+15.1%107.6
2015111.9+11.4%117.2
2016124.8+11.5%129.9
2017136.9+9.7%140.5
2018148.0+8.1%149.1
2019156.6+5.8%156.0
2020167.1+6.7%164.3
2021207.3+24.0%190.9
2022243.0+17.3%216.1
2023244.2+0.5%216.7
2024253.7+3.9%222.3
2025257.5+1.5%226.9

The 8 measured metros in Oregon

Measured metros in Oregon ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Bend, OR+1.5%+9.0%+8.7%
2Albany, OR+3.4%+8.1%+8.7%
3Salem, OR+2.8%+7.6%+8.3%
4Corvallis, OR+1.7%+7.5%+7.0%
5Eugene-Springfield, OR+2.1%+7.5%+7.5%
6Grants Pass, OR+3.7%+6.3%+6.7%
7Medford, OR+3.2%+6.1%+6.4%
8Portland-Vancouver-Hillsboro, OR-WA+2.2%+6.0%+6.4%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the Oregon row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

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Measured FHFA data · chart through 2026 Q2