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Which Type of Home Is Performing Best in Today's Market? Here's What Buyers Should Know

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Which Type of Home Is Performing Best in Today's Market? Here's What Buyers Should Know

Which Type of Home Is Performing Best in Today's Market? Here's What Buyers Should Know

When searching for a home, one of the biggest questions buyers ask isn't just where to buy, it's what type of home to buy.

Should you choose a single-family home? A townhome? A condo?

According to the latest Ask the Economist video from the National Association of REALTORS® (NAR), the answer depends on your goals, budget, and local market conditions, not simply on which property type is "winning."

Here's what buyers should know.
Single-Family Homes Continue to be in High Demand

Detached single-family homes remain the most sought-after property type across much of the country.

They often appeal to buyers looking for:
  • More privacy
  • Larger yards
  • Extra living space
  • Greater flexibility for growing families
Because supply remains limited in many markets, single-family homes continue to experience strong demand, helping support long-term value.

In Central Oregon, neighborhoods throughout Bend, Sisters, and Redmond continue to attract buyers looking for homes that offer outdoor living, home offices, and room to grow.
Condos Offer an Affordable Entry Into Homeownership

For many first-time buyers and those looking to downsize, condominiums remain an attractive option.

Condos typically offer:
  • Lower purchase prices
  • Less exterior maintenance
  • Community amenities
  • Convenient locations
While appreciation can vary by market, condos continue to provide an accessible path into homeownership, particularly where affordability is a concern
Townhomes Bridge the Gap

Townhomes continue to grow in popularity because they combine features of both single-family homes and condos.

Buyers often appreciate:
  • More living space than many condos
  • Smaller yards with reduced maintenance
  • Greater affordability than detached homes
  • Strong long-term value in many markets
Recent national data shows townhomes have appreciated at nearly the same pace as single-family homes over the past decade, making them an attractive option for buyers seeking a balance between space and affordability.

What Does This Mean for Central Oregon?

Here in Central Oregon, there's no one-size-fits-all answer.

Your ideal property depends on your lifestyle and long-term goals.
  • Choose a single-family home if you want more privacy, outdoor space, and room for future growth.
  • Consider a townhome if you're looking for a balance of affordability, space, and lower maintenance.
  • Explore a condo if convenience, a lower price point, or lock-and-leave living fits your lifestyle.
Whether you're buying in Bend, Sisters, Redmond, or Sunriver, the best-performing home is ultimately the one that aligns with your needs and financial goals.

Frequently Asked Questions

Which type of home appreciates the most?

Historically, single-family homes have generally experienced the strongest appreciation. However, townhomes have performed very similarly in recent years, while condo appreciation tends to vary more depending on location and local market conditions.

Are condos a good investment?

For many buyers, yes. Condos can provide a more affordable entry into homeownership and may be a good fit for first-time buyers, retirees, or those seeking a low-maintenance lifestyle.

Which type of home is best in Central Oregon?

There's no universal answer. Buyers should consider their budget, lifestyle, maintenance preferences, commute, and long-term plans before deciding between a condo, townhome, or single-family home.

Final Thoughts

Every buyer's journey is different, and the "best" property isn't always the biggest or the newest—it's the one that supports your lifestyle today and your goals for tomorrow.

If you're considering buying in Central Oregon, we'd be happy to help you compare neighborhoods, property types, and market opportunities so you can make a confident decision.

Want to learn more about real estate in Central Oregon? Explore our blog for market updates, neighborhood guides, buying and selling tips, investment insights, and easy-to-understand explanations of today's housing trends..
All information is considered reliable, but not guaranteed. Please contact one of our agents licensed in Oregon for more information.

All information deemed reliable but not guaranteed. If your property is listed with a real estate broker, this is not a solicitation of brokerage services. AvenirRealty, License , Avenir Realty.

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473 W. Hood Ave #102,
Sisters, OR 97759