Market Overview
Home Prices in Prineville, OR
The median home value in Prineville, OR is $436,646 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.5% compared to a year ago and up 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Prineville are priced6% above average. Prineville is part of the Prineville, OR metro area.
Over the past five years, Prineville home values have risen by approximately17.5%, reflecting steady appreciation in this market.
Price History
Prineville Home Price Trend
City Comparison
Prineville vs. National Median
At $436,646, homes in Prineville cost 6% above the national median of $410,000. Buyers in Prineville should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Prineville?
20% Down Payment
$87,329
on $436,646
Monthly P&I
$2,277/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,892/mo
incl. taxes & insurance
Income Needed
$115,680
gross annual (30% rule)
10% Down Option
$43,665
+ PMI applies
Loan Amount (20% dn)
$349,317
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Prineville, OR?
The median home value in Prineville is $436,646 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.5% year-over-year.
How much have home prices changed in Prineville?
Over the past year, home values in Prineville have increased by 0.5%. Over five years, prices have risen approximately 17.5%.
How much do I need to earn to buy a home in Prineville?
To comfortably afford the median home price of $436,646 with a 20% down payment ($87,329) at today's rates (6.8%), you'd need a gross annual income of approximately $115,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Prineville compare to the national average home price?
The national median home value is approximately $410,000. At $436,646, homes in Prineville are 6% above the national average.
What metro area is Prineville part of?
Prineville is part of the Prineville, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.