Enjoy Bend Life Real Estate Group | Realty ONE Group Discovery

Prineville, OR 97754

Single-Family Homes

Reed Melton | www.EnjoyBendLife.com | (541) 408-6625 | Reed@EnjoyBendLife.com


Prineville, OR 97754

Wed Apr 16 2025
This week the median list price for Prineville, OR 97754 is $544,900 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has increased to 125. Click here to stay informed with the Prineville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Prineville, OR 97754

Wed Apr 16 2025
This week the median list price for Prineville, OR 97754 is $544,900 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has increased to 125. Click here to stay informed with the Prineville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Prineville market.
Median List Price $544,900
Median Price of New Listings $497,000
Per Square Foot $311
Average Days on Market 128
Median Days on Market 70
Price Decreased 40%
Price Increased 2%
Relisted 6%
Inventory 125
Median Rent
Market Action 33
Slight Seller's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,100,000 2,830 5 - 10 acres 3 2.5 22 2 1 105
$649,900 2,002 1 - 2.5 acres 3 2 20 6 2 56
$489,900 1,853 6,500 - 8,000 sqft 3 2.5 7 6 2 70
$398,000 1,337 8,000 - 10,000 sqft 3 1.8 29 6 1 49