Deschutes Title Market Report

Prineville, OR 97754

Single-Family Homes

deschutestitle.com


Prineville, OR 97754

Sat Jun 27 2026
This week the median list price for Prineville, OR 97754 is $569,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 193. 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 Buyer's Advantage

Market Narrative

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer’s market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

Prineville, OR 97754

Sat Jun 27 2026
This week the median list price for Prineville, OR 97754 is $569,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 193. 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 Buyer's Advantage

Market Narrative

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer’s market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

Real-Time Market Profile

Never miss important changes in the Prineville market.
Median List Price $569,000
Median Price of New Listings $831,000
Per Square Foot $302
Average Days on Market 139
Median Days on Market 77
Price Decreased 49%
Price Increased 2%
Relisted 3%
Inventory 193
Median Rent
Market Action 28
Slight Buyer's Advantage

Prices in this zip code hit another all time high this week. You can see that prices continue to march higher. Look for a persistent downtrend in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength finally abating.

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
$1,075,000 2,880 2.5 - 5 acres 4 3 20 4 3 63
$673,750 2,108 1 - 2.5 acres 3 2 11 1 0 80
$483,750 1,844 6,500 - 8,000 sqft 3 2 9 2 6 77
$367,449 1,386 6,500 - 8,000 sqft 3 2 34 1 2 91