According to statistics, the population in Bend, OR amounts to 87,167, which shows growth 3% compared to the previous year. The median age of the city’s residents is 38. The average household income is $60,563, shifting growth 9% from the past year, and the average property value in Bend, OR growth 10% to $326,000 throughout the year.
|Number Of Employees||44,182|
|Median Property Value||$326,000|
The average household income in Bend, OR grew from $55,625 to $60,563 in the past year. This data is an estimate based upon 35,311 households in Bend, OR . The chart below presents how household income is distributed in Bend, OR in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Bend, OR shifted from $295,300 to $326,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bend, OR in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bend, OR properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Bend, OR compared to median property taxes around the country. The prevalent amount of property taxes in Bend, OR equals $3000, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Bend, OR decreased by 10.5% to $779,851.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 17% to $347,338. Asking price for 2-bed apartment also decreased by 5.8% and a place of this size will now cost you $640,333. A 3-bed apartment goes for $743,414, it decreased by 11.9% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 11.8% and made it down to $1,037,871.
The average cost of an apartment in Bend, OR decreased by 13.5% to $244,653. Price reports demonstrate that house price decreased by 13.3% this month making it up to $832,562. Condos are really in demand in this season. The median price for a condo increased by 0.5%, it’s now available for $589,221. You can now purchase a duplex for just $765,000, duplex price decreased by 10% this month. The price dynamics of lofts changed, it decreased by 20.4%, the price tag now starts at $684,721. The property value of townhouses decreased by 21.8%, you’ll have to spend around $702,693 to get one.