Located in the central part of the state, Bend has grown from 30,000 to 80,000 residents over the past 20 years. The city lies between the high desert to the east and the Cascade Mountain Range to the west. This ideal geographical location affords visitors and residents a wealth of sun-filled recreational opportunities.
Indeed, recreation -- in the form of hiking trails, lake and river fishing, rafting, 24 or more golf courses, white-water kayaking, bike rides, and ski trails --is a strong appeal to those who love the outdoors. Bend has an unusually high number of sunny days for the region -- 250 to 300 per year -- and a dry climate of only 10 to 12 inches of rain per year. This sunny paradise offers something for everyone with outdoor hobbies, including world-class skiing, snowboarding, camping, and exploring the beautiful Cascade Mountains. If these things don't tickle your fancy, you can always try horseback trail riding or fly fishing on the Metolius River.
Bend's economy received a boost in May 2000 when Modern Maturity listed it as the second-best small city in the country in which to live and Money magazine ranked it the best place to retire in the Pacific Northwest.
There are museums and music festivals for those with more cultural inclinations and educational opportunities through local and Oregon State college campuses. Bend real estate is affordable, with a variety of properties available including single-family homes, land to build, country estates, and horse ranch properties as well as low-maintenance condominiums and townhouses.
Bend Real Estate Guide: Bend Homes for Sale, Condos, & Land
There are many real estate offerings in Bend and Deschutes County. Single family homes in Bend, OR with three bedrooms and garages are available from $80,000 to the low $200,000s in excellent locations. Prices range from $300,000 to over a million dollars for custom homes and estate properties featuring acreage or large lots with scenic mountain or river views. Bend also has a few listings for townhomes and condos as well starting from $95,000. Land for custom building is abundantly available for people wanting city or country living including ranch and farm properties, or large private estates.
Bend Real Estate Stats and Trends for the week of April 19th, 2020: homes priced around $569,772 compared to $569,772 the previous week, to remain steady with no change in listing price. For Sunday, April 19th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.