97701 — Bend, OR Home Values
Typical home value $612,502 as of June 2026 · 5th of 8 in Bend, OR
Blue: typical home value (Zillow ZHVI) in ZIP code 97701, June 2021 to June 2026. This page shows observed data only; no forecast.
How 97701 compares in the Bend, OR area
ZIP code 97701 (Bend, OR) has a typical home value of $612,502 as of June 2026, ranking 5th of 8 ZIP codes tracked in the Bend, OR area, more expensive than about 50% of ZIP codes in the metro. Prices here have moved -2.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +8.6%, from $563,827 in June 2021 to $612,502 in June 2026. Against observed rent, the typical home here sells for 24.3× the annual rent ($2,103/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Bend, OR forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Bend.
Population and demographics
ZIP code 97701 has a population of 42,543, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 84.4% White, 8.8% Hispanic or Latino, 3.9% two or more races, 1.9% Asian, 0.5% another race, 0.4% Black or African American, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| High Desert Middle School | 61000 Diamondback Ln, Bend, OR | 11.4 mi |
| Buckingham Elementary School | 62560 Hamby Rd, Bend, OR | 11.5 mi |
| Oregon Family School | 43277 Crane Venator Ln, Crane, OR | 12.3 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 97701?
$612,502 as of June 2026, the latest month Zillow has published observed data for.
Is 97701 an expensive ZIP code in the Bend, OR area?
97701 ranks 5th of 8 ZIP codes in the Bend, OR area by typical home value, more expensive than about 50% of ZIP codes in the metro.
How much have home values in 97701 changed over the past year?
-2.3% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 97701?
The typical home price is 24.3× the observed annual rent in this ZIP code ($2,103/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 97701?
42,543, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 97701?
High Desert Middle School (11.4 mi), Buckingham Elementary School (11.5 mi), Oregon Family School (12.3 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 97701?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Bend, OR forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.