Is Hood River, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Hood River has remained a Seller's Market.
Key Takeaway
Hood River is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hood River, OR
How much do homes in Hood River, OR cost?
Median Sold Price
$739,062
$399/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Hood River have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Hood River was $739,062 in June 2024, up 6.6% from last year, and the median price per square foot was $399.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $365K | $572.5K | +56.8% |
| 2 Bedrooms | $535K | $540K | +0.9% |
| 3 Bedrooms | $675K | $731K | +8.3% |
| 4 Bedrooms | $885K | $900K | +1.7% |
| 5+ Bedrooms | $1.0M | $900K | -10.6% |
Summary: Hood River housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.8%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 10.6%.
Median Sold Price Compared To Nearby Cities
| Hood River | $693K | $739K | +6.6% |
| Odell | $767.5K | $800K | +4.2% |
Housing Supply in Hood River, OR
How many homes are available in Hood River, OR?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 68 | 68 | 0.0% |
Summary: The Hood River real estate market had 68 homes for sale in June 2024, the same as May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 33 | 36 | +9.1% |
| 4 Bedrooms | 16 | 13 | -18.8% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Hood River housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hood River, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in Hood River in June 2024, down by 6.3% month-over-month. Of the 15 sold homes, 33% were sold under asking, 40% were sold at asking, and 27% were sold over asking.
Days on Market for Hood River, OR
How long does it take to sell a home in Hood River, OR?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 36 Days | 50 Days | +37.3% |
Summary: Homes in Hood River had an average of 50 days on market in Jun 2024, up by 37.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hood River are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 15 homes were sold in Hood River; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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