The housing market in Prineville, OR Metro Area is strong with the median value of homes at around $408,900, which is slightly higher than the US average of $338,100. Over the past year, home values in Prineville have appreciated 8.24%, which is very close to the national rate of 8.27%. This suggests that there is a stable and healthy real estate market in Prineville with strong growth potential for homeowners looking to invest.
The median home cost in Prineville Metro Area is $408,900. Home appreciation the last 10 years has been 228.8%. Home Appreciation in Prineville Metro Area is up 14.0%.
Average Age of Homes
- The median age of Prineville Metro Area real estate is 29 years old
The Rental Market in Prineville Metro Area
- Renters make up 27.6% of the Prineville Metro Area population
- 0.3% of houses and apartments in Prineville Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.