Bend, OR

Notable metrics include:

• The Median Sales Price in January 2026 was $707,500, reflecting a 3.73% decrease year-over-year from $734,900 in January 2025, indicating continued price softening in the Bend market after several years of rapid appreciation.
• New listings declined 11.7% year-over-year, with 197 new residential properties entering the market compared to 223 during the same month last year, pointing to reduced seller activity and ongoing caution amid longer market times.
• The Absorption Rate in January 2026 measured 3.0 months, down 14.53% from 3.51 months one year ago, signaling a market that is still absorbing inventory relatively efficiently, though at a slower transactional pace.
• The average Cumulative Days on Market (CDOM) increased to 116 days, up 38.1% from 84 days in January 2025, while the median CDOM rose 36.84%, from 57 to 78 days, highlighting longer decision timelines and a more selective buyer pool.
• Active listings declined 7.7% year-over-year to 633 homes, while sold listings fell 17.2%, with 140 closed transactions compared to 169 last January. Despite fewer completed sales, pending listings increased 13.3%, suggesting buyer interest remains present even as deals take longer to close.

The key January 2026 real estate metrics for Bend reflect a market that is cooler but still active. Moderating prices, fewer new listings, and longer days on market indicate a shift toward more balanced conditions, where pricing strategy and property presentation play a critical role in achieving successful outcomes.

Bend, Oregon, MARKET CONDITIONS

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Sisters, OR

Notable metrics include:

• The Median Sales Price in January 2026 was $670,000, representing an 8.07% increase year-over-year from $619,950 in January 2025, indicating improved price strength in Sisters despite a smaller overall market size and winter seasonality.
• New listings increased 20.0% year-over-year, with 24 new residential properties coming to market compared to 20 during the same month last year, suggesting a modest pickup in seller activity to start the year.
• The Absorption Rate in January 2026 measured 3.96 months, up 21.85% from 3.25 months in January 2025, signaling a slower pace of sales and slightly increased buyer leverage as inventory cycles through more gradually.
• The average Cumulative Days on Market (CDOM) rose to 146 days, a 143.33% increase from 60 days one year ago, while the median CDOM increased 157.89%, from 38 to 98 days, highlighting significantly longer marketing periods and more selective buyer behavior.
• Active listings increased 9.1% year-over-year to 60 homes, while sold listings rose 61.5%, with 21 closed transactions compared to 13 in January 2025, showing stronger closing activity even as time-on-market expands.

The key January 2026 real estate metrics for Sisters reflect a market that is seeing more closed sales and higher median pricing, but with noticeably longer marketing times and a higher absorption rate. This points to conditions where buyers are taking more time to decide, and sellers benefit most from strategic pricing and strong presentation to stand out early in the year.

Sisters, Oregon, MARKET CONDITIONS

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Redmond, OR

Notable metrics include:

• • The Median Sales Price in January 2026 was $499,500, representing a 9.18% decrease year-over-year from $550,000 in January 2025, indicating softer pricing in Redmond as buyers remain more price-sensitive entering the new year.
  • New listings increased 16.2% year-over-year, with 79 new residential properties coming to market compared to 68 during the same month last year, pointing to improved seller activity and a modest rise in available options for buyers.
  • The Absorption Rate in January 2026 measured 2.76 months, essentially flat year-over-year (-0.36%) from 2.77 months in January 2025, suggesting overall market tempo remains similar even as pricing and transaction counts shift.
  • The average Cumulative Days on Market (CDOM) held nearly steady at 99 days, up just 1.02% from 98 days one year ago. Meanwhile, the median CDOM declined 36.62%, from 71 to 45 days, indicating that while some listings are lingering, well-priced homes are still moving more quickly.
  • Active listings decreased 7.4% year-over-year to 214 homes (from 231), while sold listings fell 20.4%, with 39 closed transactions compared to 49 in January 2025, reflecting reduced closing activity during the winter period.

The key January 2026 real estate metrics for Redmond reflect a market that is steady in pace but adjusting in value. Increased new listing activity and lower median pricing point to more negotiation leverage for buyers, while the sharper drop in median days on market suggests correctly priced homes can still secure offers relatively quickly despite slower overall sales volume.

Redmond, Oregon, MARKET CONDITIONS

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La Pine, OR

Notable metrics include:

• The Median Sales Price in January 2026 was $383,500, representing a 2.27% increase year-over-year from $375,000 in January 2025, indicating modest price stability in La Pine despite broader market slowing.
• New listings declined 10.3% year-over-year, with 26 new residential properties coming to market compared to 29 during the same month last year, reflecting a seasonal drop in new supply.
• The Absorption Rate in January 2026 measured 5.4 months, up 15.14% from 4.69 months in January 2025, signaling a slower pace of sales and increased buyer leverage as inventory takes longer to absorb.
• The average Cumulative Days on Market (CDOM) increased to 161 days, a 50.47% rise from 107 days one year ago, while the median CDOM increased 63.77%, from 69 to 113 days, highlighting significantly longer marketing periods and a more cautious buyer pool.
• Active listings increased 13.8% year-over-year to 140 homes (from 123), while sold listings declined 42.3%, with 15 closed transactions compared to 26 in January 2025, reflecting reduced wintertime closing activity and a slower turnover rate.

The key January 2026 real estate metrics for La Pine reflect a market that is more inventory-heavy and slower-moving. Slightly higher pricing is being offset by fewer sales, fewer new listings, and sharply longer days on market, reinforcing the importance of realistic pricing and strong listing preparation to compete effectively as the market begins the year.

La Pine, Oregon, MARKET CONDITIONS

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Prineville, OR

Notable metrics include:

• The Median Sales Price in January 2026 was $435,000, representing a 5.35% increase year-over-year from $412,900 in January 2025, indicating steady price resilience in Prineville despite shifting market conditions.
• New listings declined 2.8% year-over-year, with 35 new residential properties coming to market compared to 36 during the same month last year, reflecting a fairly stable winter supply pipeline.
• The Absorption Rate in January 2026 measured 4.88 months, up 5.86% from 4.61 months in January 2025, signaling a slightly slower pace of sales and increased buyer leverage as inventory takes longer to absorb.
• The average Cumulative Days on Market (CDOM) increased to 90 days, a 13.92% rise from 79 days one year ago, while the median CDOM decreased 16.13%, from 62 to 52 days, suggesting that while some homes are lingering, well-positioned listings are still moving efficiently.
• Active listings increased 6.8% year-over-year to 156 homes (from 146), while sold listings rose 61.5%, with 21 closed transactions compared to 13 in January 2025, pointing to stronger closing activity alongside slightly higher inventory.

The key January 2026 real estate metrics for Prineville reflect a market that remains active but more balanced. Modestly higher median pricing and increased sales volume are being offset by a higher absorption rate and longer average marketing times, reinforcing the importance of strategic pricing and strong presentation to capture buyer attention early in the year.

Prineville, Oregon, MARKET CONDITIONS

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