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Featured local agent — Prineville Lake Acres, OR
Sarah Mitchell
Compass Real Estate · Prineville Lake Acres, OR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Prineville Lake Acres, OR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$560,000median sale price
How is the Prineville Lake Acres, OR housing market right now?
The median home sale price in Prineville Lake Acres, OR is $560,000, up 53.4% year-over-year. Homes sell in an average of 7 days with 9 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Prineville Lake Acres a buyer's or seller's market?
Prineville Lake Acres, OR is currently a leaning buyer's, based on 9.0 months of supply and homes selling in about 7 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
7
Fast-moving
Active listings
9
9.0 months supply
Sale-to-list
99.1%
Below asking
What does the Prineville Lake Acres housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $560,000 |
| Median list price | $725,000 |
| Year-over-year price change | +53.4% |
| Average days on market | 7 days |
| Active inventory | 9 listings |
| Months of supply | 9.0 months |
| Sale-to-list price ratio | 99.1% |
| Median price per sq ft | $330/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Listings with a price cut | 55.6% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Prineville Lake Acres by property type?
How the Prineville Lake Acres, OR market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $560,000 | $330/sq ft | 1 | 7 days |
Source: Redfin · Updated monthly
The Prineville Lake Acres housing market is currently classified as a leaning buyer's with a median sale price of $560,000. Prices have risen 53.4% compared to last year, with homes spending an average of 7 days on market, indicating 9.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Prineville Lake Acres
There are currently 9 homes listed for sale in Prineville Lake Acres, Oregon. The median listing price is $725K.
Active listings
9
Homes on market
Median list price
$725K
Avg. days on market
7
Days until sale
New this week
3
Newly listed
Who lives in Prineville Lake Acres?
Population
1,589
Median income
$67,216/yr
Median age
48.8 years
Owner-occupied
79.0%
College grads
23.8%
Avg commute
35 min
Source: U.S. Census Bureau ACS
What is it like to live in Prineville Lake Acres?
Prineville Lake Acres is a community of approximately 2K residents with a median age of 48.8 years.The median household income is $67,216, which represents a working-class community with solid middle-income opportunities. 23.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 79.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 35 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Prineville Lake Acres offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Prineville Lake Acres, OR?
Want a head-to-head view? Compare Prineville Lake Acres side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Prineville Lake Acres?
The median home sale price in Prineville Lake Acres is $560,000, up 53.4% from last year.
How long do homes stay on market in Prineville Lake Acres?
Homes typically spend 7 days on market before going under contract.
What is the median income in Prineville Lake Acres?
The median household income is $67,216 per year.
Is Prineville Lake Acres a buyer's or seller's market?
With 9.0 months of supply, Prineville Lake Acres is currently a leaning buyer's.
How much does a single-family home cost in Prineville Lake Acres?
The median single-family home price in Prineville Lake Acres, OR is $560,000 (about $330 per square foot).
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