Enjoy Bend Life Real Estate | Stellar Realty

Prineville, OR 97754

Single-Family Homes

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



Prineville, OR 97754

Mon Mar 01 2021
This week the median list price for Prineville, OR 97754 is $374,900 with the market action index hovering around 56. This is an increase over last month's market action index of 54. Inventory has held steady at or around 25. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Prineville, OR 97754

Mon Mar 01 2021
This week the median list price for Prineville, OR 97754 is $374,900 with the market action index hovering around 56. This is an increase over last month's market action index of 54. Inventory has held steady at or around 25. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Prineville market.
Median List Price $374,900
Per Square Foot $230
Days on Market 21
Price Decreased 20%
Price Increased 4%
Relisted 12%
Inventory 25
Median Rent
Most Expensive $1,650,000
Least Expensive $159,000
Market Action 56
Strong Seller's Market

Prices in this zip code seem to have settled around a 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
$889,950 2,676 10 - 20 acres 3 2 41 1 0 14
$466,950 2,036 0.25 - 0.5 acre 3 2 50 0 3 52
$357,450 1,996 8,000 - 10,000 sqft 3 2 45 1 1 38
$305,000 1,088 4,500 - 6,500 sqft 3 1 54 3 1 14