Is Prineville, OR 97754 a buyer’s or seller’s market?
Prineville is a balanced market. With about 5.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 22% of U.S. ZIP codes, and #148 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
The Prineville housing market right now
In the three months ending August 31, 2026, 17% of homes in Prineville, OR 97754 sold above their list price, the typical home went under contract in 79 days and there were 5.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 100 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold more slowly (55 days then) and the median sale price rose 7% to $455,803. Overall, Prineville is less competitive than a year ago, which gives buyers more room.
On our competition score, Prineville ranks #148 of 170 OR ZIP codes with enough sales (score 27 out of 100).
Run the numbers for 97754
Nearby markets
Paulina 97751 — /sq ftPowell Butte 97753Buyer’s market $503 /sq ft Browse all markets →Towns like Prineville nearby
Find towns like Prineville in other states →Where Prineville is
Loading map…
Questions about Prineville real estate
Is Prineville a buyer’s or seller’s market?
A balanced market: there were 5.8 months of supply in Prineville, OR 97754 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 Prineville?
The typical home went under contract in 79 days in the latest three months.
Do homes in Prineville sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.
What are property taxes in Prineville?
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 Prineville?
The median sale price was $455,803 in the three months ending August 31, 2026, about $278 per square foot.
Local agents
See all agents in 97754 →No sponsored agents in 97754 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 97754
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology