Is now a good time to sell my house in Bend?

For most Bend owners, the calendar that matters is their own. A sale works best when it fits your next move, your finances and the condition of the house.

The Bend numbers worth watching are time to contract, price cuts and what similar homes closed at, all of which a local agent or the public sale records can supply.

More in How Do I Know When It’s Time to Sell My House?

Should I sell my Bend house as-is or fix it up first?

It comes down to whether the repairs add more than they cost. Small, visible fixes usually do. Remodels usually do not.

Bend is a mix of older and newer homes. In our sample, seven of 16 were built in 1980 or earlier, so an older house competes with newer ones and its condition shows. Older homes there also sell at a wider discount to new construction than the Oregon median, 21.4 percent against 22.3 percent.

More in Should I Sell My House As-Is or Fix It Up First?

What are the benefits of selling my Bend house off-market?

You skip the listing, the showings and the repairs, and you set the date.

  • No public listing. No MLS listing, no listing photos and no open house.
  • The house as it stands. No repairs, no staging and no deep clean before closing.
  • Your date. Close in a few weeks or a few months, whichever suits your next move.
  • One counterpart. You deal with one buyer, not a run of showings and counteroffers.

The cost is fewer buyers bidding. On the open market, competition can push a price higher, so it is worth weighing both routes. Should I Sell My House Off-Market? explains how.

How fast can I sell my house in Bend?

Off-market, on the date you choose, whether that is a few weeks out or a few months, once the title work and the documents Oregon requires are done.

A listed sale usually takes longer, because the house has to be prepared, shown and negotiated, and the buyer’s inspection, appraisal and loan approval can still undo the deal late in the process.

If you are relocating, read How Do I Sell My House Fast When I’m Moving for Work?

What does it cost to sell a house in Bend?

Commission first, then transfer taxes, title and closing fees, and the repairs or credits a buyer asks for after inspection. Address District charges no commission.

Federal tax on the gain may not apply at all. If you owned the house and lived in it as your main home for two of the last five years, the IRS lets you exclude up to $250,000 of gain, or $500,000 for a married couple filing jointly.

Line by line in How Much Does It Cost to Sell a House?

How does selling my Bend house off-market work?

In four steps, with no listing and no showings.

  1. You tell us about the house, by the offer form or by contacting us.
  2. Someone on our team reviews the house and the neighborhood and may ask to see it.
  3. You get an offer, with no obligation to accept it.
  4. If you accept, a title company or closing attorney handles the closing on the date you choose.

Before you sign anything, we tell you in writing who the buyer is.

What if my Bend house isn’t selling?

Usually the price, sometimes the condition, occasionally the marketing. The showing count tells you which.

Before you talk to another buyer, read your listing agreement. Most owe the agent a commission on any sale during the term. More in Why Isn’t My House Selling?

How do I sell an inherited house in Bend?

Start with who has the authority to sign, usually the personal representative the probate court appoints, or a trustee. A title company will generally not close until that is documented.

Inherited property generally takes a basis equal to its value on the date of death, the IRS says, which can shrink the taxable gain. A probate attorney in Oregon can explain the rest. More in How Do I Sell a House I Inherited?

How does Bend compare with nearby neighborhoods?

Bend, 7 miles away, shows one older home among the three we sampled. Bend, 19 miles away, has 10 older homes among the 16 we sampled. West Linn, 107 miles away, counts one older home among the three we sampled. Bend ranks tied for 121st nationally for older homes, behind one of them.

Every neighborhood in the index has its own page, and the Oregon page lists all 11 in the state.

Do older homes in Bend sell for less than new construction?

In our sample, yes. The average price of older homes in 97703 was 21.4 percent of the average price of new construction in the same ZIP code. The Oregon median is 22.3 percent, and the index median is 23.1 percent. With seven older homes behind it, treat the figure as a rough guide.

The gap reflects size, lot and condition as much as age, so price an older house against recent sales of other older houses nearby, not against new construction.

Bend by the numbers

Older homes
7
of 16 homes sampled, built 1980 or earlier
Share of older homes
43.8%
Oregon 58.9%. Index 49.0%.
Older vs new
21.4%
Older home price as a share of new construction
National rank
#121 (tie)
of 1,192 ZIP codes
State rank
#3
of 11 in Oregon
Minimum lot
4,356 sq ft
As recorded in the source data

Of the 16 homes in the Address District sample for Bend (97703), seven were built in 1980 or earlier, a share of 43.8 percent. That places 97703 tied for 121st of 1,192 ZIP codes nationally for the number of older homes, and third of 11 in Oregon.

Across the 11 Oregon ZIP codes in the index, 58.9 percent of the homes sampled were built in 1980 or earlier, against 49.0 percent across all 1,192 ZIP codes.

How 97703 compares

Share of older homes

Homes in the sample built in 1980 or earlier

97703 Bend43.8%
Oregon58.9%
All ZIP codes in the index49.0%

Older home prices against new construction

Average older home price as a share of new construction

97703 Bend21.4%
Oregon median22.3%
Index median23.1%

Nearby neighborhoods in the index

ZIPPlaceDistanceRankShare
97702BendDeschutes County, OR7 mi70733.3%
97707BendDeschutes County, OR19 mi7562.5%
97068West LinnClackamas County, OR107 mi70733.3%
97034Lake OswegoClackamas County, OR111 mi4073.7%
97035Lake OswegoClackamas County, OR112 mi18845.5%
97132NewbergYamhill County, OR114 mi883100.0%
98672White SalmonKlickitat County, WA115 mi76250.0%
97225PortlandWashington County, OR118 mi883100.0%

The top of Oregon

State rankZIPPlaceHomesOlder homesShare
197034Lake OswegoClackamas County, OR191473.7%
297707BendDeschutes County, OR161062.5%
497035Lake OswegoClackamas County, OR11545.5%
597068West LinnClackamas County, OR3133.3%
597702BendDeschutes County, OR3133.3%
797110Cannon BeachClatsop County, OR11100.0%
797132NewbergYamhill County, OR11100.0%
797225PortlandWashington County, OR11100.0%
797229PortlandWashington County, OR11100.0%
797520AshlandJackson County, OR11100.0%

All 11 Oregon ZIP codes in the index ›

About the data. Older homes are homes built in 1980 or earlier. Rank orders ZIP codes by the number of older homes in the sample, then by the number of homes. Full methodology and the complete index. Nothing on this page is legal, tax or financial advice.