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Is Powell Butte, OR 97753 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Powell Butte is a buyer’s market. With about 13 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score17/ 100

More competitive than 10% of U.S. ZIP codes, and #157 of 170 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply13Under 4 months = seller’s market
Sold above original list13.3%Share of sales, last 3 months
Median sale-to-list96.9%Sold price ÷ list price
Median days on market76Listing to accepted offer
Median price per sq ft$503▲ +20.7% vs. last year

The Powell Butte housing market right now

In the three months ending August 31, 2026, 13% of homes in Powell Butte, OR 97753 sold above their list price, the typical home went under contract in 76 days and there were 13 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold more slowly (67 days then) and the median sale price rose 20% to $1,318,429. Overall, Powell Butte is more competitive than a year ago, so tougher for buyers.

On our competition score, Powell Butte ranks #157 of 170 OR ZIP codes with enough sales (score 17 out of 100).

Run the numbers for 97753

Prefilled for 97753Can I win this house?Multiple-offer likelihood for a listing Prefilled for 97753Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Paulina 97751 — /sq ftPrineville 97754Balanced $278 /sq ft Browse all markets →

Towns like Powell Butte nearby

Find towns like Powell Butte in other states →
Sisters, OR97759 · 25 miles away55% similarlower income ($55K less) · larger Bend, OR97707 · 39 miles away47% similarlower income ($73K less) · cheaper homes ($107K less) Terrebonne, OR97760 · 15 miles away44% similarlower income ($71K less) · cheaper homes ($268K less) Bend, OR97703 · 22 miles away25% similarlower income ($37K less) · pricier homes ($236K more)

Where Powell Butte is

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Questions about Powell Butte real estate

Is Powell Butte a buyer’s or seller’s market?

A buyer’s market: there were 13 months of supply in Powell Butte, OR 97753 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Powell Butte?

The typical home went under contract in 76 days in the latest three months.

Do homes in Powell Butte sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.

What are property taxes in Powell Butte?

About 0.64% of a home’s value a year in Crook County, or roughly $2,560 on a $400,000 home.

What is the median home price in Powell Butte?

The median sale price was $1,318,429 in the three months ending August 31, 2026, about $503 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology