Bend remains a top place to buy luxury homes despite nationwide slowdowns. The local market continues to see strong sales, with people from big cities moving to outdoor lifestyles. As Central Oregon realtors at Knightsbridge International, we help buyers and sellers daily.
In 2025, more homes were listed, prices stabilized, and luxury homes above $1 million still sold well. Affordable homes sold quickly.
In early 2026, the market feels steady with slight growth potential. Here, we explore why luxury homes stay strong, new trends, and buyer preferences.
Why People Love Living in Bend
People move to Bend for the good life it gives. It is not just about having a house. Bend sits in Central Oregon. Great outdoor fun is very close.
In winter, people ski at Mount Bachelor. In summer, they hike, bike, golf, and float the river. Luxury buyers love it most.
Many come from busy places like California or Seattle. They want more space and clean air. They want a slower day-to-day life. But they still need nice stores and restaurants. Working from home makes this move easier now.
Families like good schools. Everyone enjoys the local breweries and fresh food spots. Art events happen often. Views of the mountains make work days better.
Here are the main reasons people tell us they move here:
- Fun outside every season. Snow in winter. Sunny trails in summer.
- Beautiful views every day. Mountains, rivers, and trees.
- Friendly town. Nice neighbors and local events. Growing but not too crowded.
- No sales tax in Oregon. This saves money.
These things make luxury homes popular. A home here opens the door to happy days.
Market Trends from Central Oregon Realtors
The year 2025 brought balance to the market. More homes were listed for sale. Buyers had more choices. Prices became steady.
Luxury homes kept doing well. Here are some facts from late 2025:
- Many homes between one and two million dollars were for sale. Good ones sold fast.
- The average home price in the county was around six hundred seventy thousand dollars. Luxury homes sold for much more if they had great views.
- Homes took about ninety days to sell on average. The best luxury homes sold sooner.
- Sales stayed good overall. Buyers liked the steady loan rates.
We are Central Oregon realtors. We saw buyers become careful. They did not buy homes that cost too much or needed fixes. They bought quickly when a home felt just right.
Bend did better than many places in Oregon. Some areas saw prices drop a little. Bend stayed strong because people love it here.
In 2026, we expect things to stay calm. No big drops. Just slow growth. Lower loan rates may bring more buyers soon.
What Luxury Buyers Want Today
Buyers of expensive homes have clear wishes. They want comfort inside and fun outside. They like smart and green features.
Common things they ask for:
- Great views of mountains, rivers, or golf courses.
- Large decks, fire pits, hot tubs, and outdoor kitchens for parties.
- Easy smart home controls for lights, locks, and heat.
- Ways to save energy like solar panels and good insulation.
- Open rooms that connect the kitchen, living area, and patio.
- Gated neighborhoods with pools, gyms, trails, or golf.
Many also want spaces for health. They love home gyms or quiet spa bathrooms. Some want a home ready to move into, where no big repairs are needed.
Location is important. The west side is close to downtown, and the shops, and the east side has newer homes and bigger lots.
Best Neighborhoods for Luxury Homes
Some neighborhoods stand out for nice homes. Each one fits different people.
- Broken Top: A gated area with custom homes and a golf course. Great for families who want views and quiet.
- Tetherow: Feels like a resort. Has a top golf course and modern homes. Perfect for active people.
- Pronghorn: Very private resort with two golf courses and open land. Best for those who want space.
- NorthWest Crossing: On the west side. A mix of nice homes, shops, parks, and trails. Good community feel.
- Awbrey Butte: High up with big views and large lots. Offers the most privacy.
These areas sell homes quickly. As Central Oregon realtors, we help buyers find the right neighborhood for their life.
Why the Market Stays Strong
Our team at Knightsbridge International Real Estate works with luxury homes every day. We see why Bend keeps doing well.
Bend gives something special. A real break from busy city life. Plus a chance for the home value to grow.
One big reason: People with money buy homes here. Many get a second home now. They plan to live here full-time later. This keeps demand steady.
Sellers do well too when they price fairly and show the home nicely. We take clear photos and make online tours. We reach the right buyers.
A new thing in 2026: More homes to choose from. Buyers can talk about the price without rush. But the best homes still get attention fast.
What to Expect in 2026
The start of 2026 looks positive. Loan rates may go down more. This could bring extra buyers.
We expect more sales than in 2025. Prices should go up slowly. The market will stay balanced.
Luxury homes often lead the way when things improve. The resort feel and outdoor life keep drawing people with higher budgets.
Remote work helps too. More people can live here and keep their jobs.
For buyers, now is a good time. There are choices and room to talk about price before the busy spring comes.
For sellers, get the home ready. A good presentation brings better offers.
Is Now a Good Time to Buy a Luxury Home in Bend?
Yes. If you want comfortable mountain living, this is the moment. Early 2026 gives more options than the past few years. No crazy rush to buy.
Whether you want a forever home or a smart investment, get help from experts. Work with Central Oregon realtors who know the area well.
At Knightsbridge International Real Estate, we focus on luxury homes in Bend and all of Central Oregon. We help with everything, market information, finding homes, making offers and closing smoothly.
Ready to look at luxury homes in Bend? Contact us today. We are here to help you find the perfect home in this strong market.