Prineville, OR Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Prineville, OR offers balanced conditions for buyers.

  • Prices are essentially flat (0.8% YoY) — good negotiating leverage for buyers.
  • Price-to-rent ratio: 23.6 — renting may be more affordable in the near term.

Median Home Value

$465,871

ZHVI

Year-over-Year

+0.8%

Price change

5-Year Change

+28.7%

Since 2021

Median Rent

$1,645/mo

ZORI

Active Listings

173

For sale

State Avg

$492,347

Oregon

Home Value Trends

5-year Zillow Home Value Index for Prineville, OR vs. state and national averages.

Rent Data

Median Rent

$1,645/mo

Rent YoY Change

+5.1%

Rent vs. Buy Calculator

Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.