Area Insights of Bend, OR

Stay ahead with market trends and local insights that matter.

Demand Insights

The market maintains its steady pace indicating a consistent buyer interest. A total of 91 homes were sold with 31 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

Bend, OR

Date

04-05-2023

Price Ratio

99%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Deschutes River Montessori School

PK to KG

Morning Star Christian School

PK to 8

Three Sisters Adventist Christian School

PK to 8

A Child's Garden

PK to TKG

Eastmont School

PK to 5

Middle School

Pacific Crest Middle School

6 to 8

Ratings

A+

High Desert Middle School

6 to 8

Ratings

B-

High School

Caldera High School

9 to 11

Skyline High School

9 to 12

Ratings

D

Realms High School

9 to 12

Ratings

D-

Marshall High School

9 to 12

Ratings

D

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 26% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (140,941)
71,880 Male
69,061 Female
Education
17% High School
10% Associate
28% Bachelor
18% Graduate
Age

Average Age is 41 Years

Household Details

The area's household landscape is diverse, with 70% owner-occupied homes and 30% renter-occupied properties. Family households represent 66% of the population, indicating a strong community focus on family living. The average home value stands at $945,894, which suggests ample demand for multi-bedroom properties.

Total Households
59,966
Average home value
$945,894
Owned
70%
Rented
30%
Vacant
13%
Families
66%
Married
52%
With children
29%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 2% Asian, 0% Black, and 1% Native residents, alongside 85% White and 8% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 37% of households earning over $100,000 annually, while 33% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
3%
Healthcare
17%
Professional
10%
Education
9%
Services
20%
Labor
19%
Retail
15%
Other
8%
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