Starter Homes

The Bend Oregon real estate market continues to chug along.  Prices are still falling.  There are now 101 homes on the market in Bend $200,000 or less.  The least expensive is a one bedroom 1 bath fixer upper for $115,000.  Next in line is a 2 bedroom one bath home for $125,000.

The median priced home is $189,450.  Homes in this price range are 3 bedrooms, 2 baths around 1,300 square feet.  The average price per square foot is $159.38.  There are several newer homes that are bank short sales for $120.77 per square foot.  These homes are 3 bedroom, 2 1/2 baths and , 1,656 square feet.  They are priced at $200,000.

There is still 100% financing available for those buyers that have substantiated income and a good credit report.  Prices may go down some more but interest rates could also go up.  Now is a good time to step into a starter home in Bend Oregon.

Jim Johnson has lived in Bend Oregon since 1981. Call 541-389-4511 or see his web site .  To see more information on Bend Oregon click on the link below.


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