Is Terrebonne, OR 97760 a buyer’s or seller’s market?

The Terrebonne housing market right now

In the three months ending August 31, 2026, 13% of homes in Terrebonne, OR 97760 sold above their list price, the typical home went under contract in 79 days and there were 6.3 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 24 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (43 days then) and the median sale price fell 7% to $624,730. Overall, Terrebonne is about as competitive as it was a year ago.

Within Deschutes County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 67%. On our competition score, Terrebonne ranks #139 of 170 OR ZIP codes with enough sales (score 30 out of 100).

Nearby, buyers who want less competition could look at Bend 97707 (5% sold over asking) or La Pine 97739 (11% sold over asking), while Bend 97701 (19% sold over asking) is even more competitive.