Market Overview
Home Prices in Terrebonne, OR
The median home value in Terrebonne, OR is $575,794 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.9% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Terrebonne are priced40% above average. Terrebonne is part of the Bend, OR metro area.
Over the past five years, Terrebonne home values have risen by approximately18.5%, reflecting steady appreciation in this market.
Price History
Terrebonne Home Price Trend
City Comparison
Terrebonne vs. National Median
At $575,794, homes in Terrebonne cost 40% above the national median of $410,000. Buyers in Terrebonne should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Terrebonne?
20% Down Payment
$115,159
on $575,794
Monthly P&I
$3,003/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,814/mo
incl. taxes & insurance
Income Needed
$152,560
gross annual (30% rule)
10% Down Option
$57,579
+ PMI applies
Loan Amount (20% dn)
$460,635
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 Terrebonne, OR?
The median home value in Terrebonne is $575,794 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.9% year-over-year.
How much have home prices changed in Terrebonne?
Over the past year, home values in Terrebonne have increased by 0.9%. Over five years, prices have risen approximately 18.5%.
How much do I need to earn to buy a home in Terrebonne?
To comfortably afford the median home price of $575,794 with a 20% down payment ($115,159) at today's rates (6.8%), you'd need a gross annual income of approximately $152,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Terrebonne compare to the national average home price?
The national median home value is approximately $410,000. At $575,794, homes in Terrebonne are 40% above the national average.
What metro area is Terrebonne part of?
Terrebonne is part of the Bend, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.