July 16, 2025
Homes Now for Sale in Parkside Place at Prices Affordable to Middle Income Earners
| New homes in the community start at $474,990 and will be affordable to families earning up to 100 percent AMI–a rare offering in Bend |
| Bend, Ore., July 14, 2025– Sales of missing middle home types in Hayden Homes’ new 37-acre Parkside Place community on Bend’s eastside are now live at www.hayden-homes.com with move-ins beginning this fall. Home prices in the Parkside Place community will start at $474,990 for the Darrington plan, a 1,395 square foot family-friendly 3-bedroom, 2.5-bath, 2-car garage home. That’s more than 35% lower than Bend’s current median home price of $750,000, according to Zillow. In time, the housing mix in the community will include options across a broad housing continuum including multi-family, single-family attached and detached, and alley-load options. Many homes in the community will be affordable for a hard-to-reach demographic of families earning up to 100% of Area Median Income in Bend–an exceptionally difficult market to target in Bend’s hot housing market. This means prices will be more affordable to nurses, teachers, service workers and other key members of our community’s workforce who are often priced out of the homeownership market. (*See below for detailed affordability calculations as defined by the US Housing and Urban Development Department.) The affordability achieved at Parkside Place is a direct result of an innovative multi-year public-private partnership between Hayden Homes and the City of Bend made possible by HB 4079, passed in 2016. This community will help to meet Oregon Housing Needs Analysis goals for Bend that outline the need to build 7,474 new homes for the 81-120% AMI income level over the next 20 years. “Parkside Place has achieved a level of affordability for Central Oregon families that is almost unheard of in our community today,” said Brett Swanson, regional director of Hayden Homes. ”When government and market rate builders collaborate, we can create life-changing affordable homeownership opportunities, and we’re so excited for the families who will soon make this new community their home.” The launch of Parkside Place is the first time in several years that Hayden Homes has opened a new community in Bend. Throughout the buildout of the neighborhood the focus will remain on inclusivity and connectivity to nearby services, schools, restaurants, St. Charles Medical Center, and commercial centers, fostering integration into the growing vibrancy of Bend’s eastside. Click here to learn more about homes for sale in Parkside Place. *HUD determines that a household is not “housing cost burdened” if it spends no more than 30% of income on housing. For example, the Area Median Income in the Bend-Redmond MSA in 2025 is $123,000 (assumes family of four, two wage earners). Assuming 7% interest and 5% down, HUD recommends that the 100% wage earner can afford a home priced up to $488,500. That means that Hayden Homes’ starting new home prices in Parkside Place are $13,510 below the recommended price for 100% AMI household. |
About Hayden Homes Established in Redmond, Oregon in 1989, Hayden Homes has provided over 27,000 new homes to price-conscious, value-driven homebuyers in underserved, secondary markets throughout Washington, Oregon, Idaho, and Montana. Hayden Homes continues to be the largest privately-owned new home builder in the Pacific Northwest. Hayden Homes exists to Give As You Go™, so together we build a strong community, and lead fulfilled lives. Hayden Homes has contributed $7.1 billion to local economies and has created more than 99,000 jobs since the company’s inception. Hayden Homes supports philanthropic efforts in the communities in which they build and have contributed more than $80 million in charitable donations with the flagship of their giving through the 501(c)(3) nonprofit, First Story. To date, First Story has provided over 120 families throughout the Pacific Northwest with an affordable home and a first step toward financial freedom. The Hayden Homes brand family of companies includes Simplicity by Hayden Homes, Wise Size Homes and Hayden Homes, all providing an unparalleled selection of opportunities for those looking to purchase a new home. |