SIALIMStatistical Intelligence for America's Local Investment Markets

97703Bend, OR Home Values

Typical home value $1,025,094 as of June 2026 · 1st of 8 in Bend, OR

Typical value — June 2026
$1,025,094
observed, not a forecast
Past 12 months
-1.1%
trailing year-over-year change
Past 5 years
+8.3%
June 2021 to June 2026
Rank in metro
1st
of 8 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 97703, June 2021 to June 2026. This page shows observed data only; no forecast.

How 97703 compares in the Bend, OR area

ZIP code 97703 (Bend, OR) has a typical home value of $1,025,094 as of June 2026, ranking 1st of 8 ZIP codes tracked in the Bend, OR area, the most expensive ZIP code in the metro. Prices here have moved -1.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +8.3%, from $946,847 in June 2021 to $1,025,094 in June 2026. Against observed rent, the typical home here sells for 31.6× the annual rent ($2,701/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 97703 has a population of 34,476, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 86.9% White, 6% two or more races, 5.1% Hispanic or Latino, 1.2% Asian, 0.3% another race, 0.2% Black or African American, and 0.2% American Indian or Alaska Native.

Nearby public schools

SchoolAddressDistance
Tumalo Community School19835 2nd St, Bend, OR3 mi
North Star Elementary63567 N.W. Brownrigg Road, Bend, OR5.8 mi
Desert Sky Montessori63175 O B Riley Rd, Bend, OR6.6 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 97703?

$1,025,094 as of June 2026, the latest month Zillow has published observed data for.

Is 97703 an expensive ZIP code in the Bend, OR area?

97703 ranks 1st of 8 ZIP codes in the Bend, OR area by typical home value, the most expensive ZIP code in the metro.

How much have home values in 97703 changed over the past year?

-1.1% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 97703?

The typical home price is 31.6× the observed annual rent in this ZIP code ($2,701/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 97703?

34,476, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 97703?

Tumalo Community School (3 mi), North Star Elementary (5.8 mi), Desert Sky Montessori (6.6 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 97703?

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.