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Sarah Mitchell

CNESRESABR

Compass Real Estate · Terrebonne, OR

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Terrebonne, OR(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Terrebonne, OR Housing Market & Real Estate

Balanced market

Housing market overview · Updated monthly ·

$708,500median sale price

How is the Terrebonne, OR housing market right now?

The median home sale price in Terrebonne, OR is $708,500. Homes sell in an average of 187 days with 4 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of February 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Terrebonne a buyer's or seller's market?

Balanced market2.0 months of supply187 avg. days on market

Terrebonne, OR is currently a balanced market, based on 2.0 months of supply and homes selling in about 187 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

187

Average pace

Active listings

4

2.0 months supply

Sale-to-list

97.0%

Below asking

What does the Terrebonne housing market data show?

Current housing market statistics for Terrebonne, OR
MetricValue
Median sale price$708,500
Average days on market187 days
Active inventory4 listings
Months of supply2.0 months
Sale-to-list price ratio97.0%
Median price per sq ft$355/sq ft
Homes sold (latest month)2
Listings with a price cut25.0%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Terrebonne by property type?

How the Terrebonne, OR market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Terrebonne, OR
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$708,500$355/sq ft2187 days

Source: Redfin · Updated monthly

The Terrebonne housing market is currently classified as a balanced market with a median sale price of $708,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 187 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.6x provides context for how home values compare to local earning capacity.

Homes for sale in Terrebonne

There are currently 4 homes listed for sale in Terrebonne, Oregon.

Active listings

4

Homes on market

Avg. days on market

187

Days until sale

Price drops:25.0%of listings
Sale-to-list:97.0%

Who lives in Terrebonne?

Population

1,394

Median income

$102,045/yr

Median age

46 years

Owner-occupied

94.1%

College grads

21.5%

Avg commute

35.3 min

Source: U.S. Census Bureau ACS

What are homes worth in Terrebonne?

Zillow home value

$575,794

Price-to-income

5.6x

Source: Zillow Research

What is it like to live in Terrebonne?

Terrebonne is a community of approximately 1K residents with a median age of 46 years.The median household income is $102,045, which reflects a relatively affluent area with strong earning potential. 21.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 94.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 35.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Terrebonne offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Terrebonne?

1 schools tracked · 293 students

The largest public schools serving Terrebonne, OR by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Terrebonne Community School

Grades K-5 · 293 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Terrebonne, OR?

Want a head-to-head view? Compare Terrebonne side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Terrebonne?

The median home sale price in Terrebonne is $708,500, down 0.0% from last year.

How long do homes stay on market in Terrebonne?

Homes typically spend 187 days on market before going under contract.

What is the median income in Terrebonne?

The median household income is $102,045 per year.

Is Terrebonne a buyer's or seller's market?

With 2.0 months of supply, Terrebonne is currently a balanced market.

What is the Zillow home value estimate for Terrebonne?

The Zillow Home Value Index (ZHVI) for Terrebonne is $575,794, representing the typical home value in the area.

How much does a single-family home cost in Terrebonne?

The median single-family home price in Terrebonne, OR is $708,500 (about $355 per square foot).

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