$5,213 Closing Credit*
$439,000
1,482 SqFt
3 Beds
•2 Full Baths
Renee Moss, Listing Office: Coldwell Banker Sun Country
Is Prineville, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Prineville was a Neutral Market.
Key Takeaway
Prineville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Prineville, OR
How much do homes in Prineville, OR cost?
Median Sold Price
$439,900
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,905(+3.5%)
Key Takeaway
Homes in Prineville have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Prineville was $439,900 in November 2024, up 3.5% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $300K | N/A |
| 2 Bedrooms | $576K | $378.7K | -34.2% |
| 3 Bedrooms | $409.5K | $450K | +9.9% |
| 4 Bedrooms | $431.4K | $439.9K | +1.9% |
| 5+ Bedrooms | $469.9K | $496.9K | +5.7% |
Summary: Prineville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 34.2%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 5.7%.
Housing Supply in Prineville, OR
How many homes are available in Prineville, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Summary: The Prineville real estate market had 21 homes for sale in November 2024, a 10.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Prineville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Prineville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Prineville in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Prineville, OR
How long does it take to sell a home in Prineville, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 53 Days | 79 Days | +49.1% |
Summary: Homes in Prineville had an average of 79 days on market in Nov 2024, up by 49.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Prineville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Prineville; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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