Is Hood River, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Hood River was a Seller's Market.
Key Takeaway
Hood River is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hood River, OR
How much do homes in Hood River, OR cost?
Median Sold Price
$704,500
$398/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Hood River have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Hood River was $704,500 in March 2024, up 7.6% from last year, and the median price per square foot was $398.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $476.2K | $430K | -9.7% |
| 2 Bedrooms | $525K | $548K | +4.4% |
| 3 Bedrooms | $663.5K | $698.5K | +5.3% |
| 4 Bedrooms | $720K | $862.5K | +19.8% |
| 5+ Bedrooms | $1.0M | $908.5K | -9.8% |
Summary: Hood River housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.7%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes decreased by 9.8%.
Median Sold Price Compared To Nearby Cities
| Hood River | $655K | $704.5K | +7.6% |
| Carson-Underwood | $567.5K | $575K | +1.3% |
Housing Supply in Hood River, OR
How many homes are available in Hood River, OR?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 58 | 64 | +10.3% |
Summary: The Hood River real estate market had 64 homes for sale in March 2024, a 10.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 22 | 26 | +18.2% |
| 4 Bedrooms | 19 | 21 | +10.5% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Hood River housing inventory by bedroom type for March 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 18.2%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hood River, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Hood River in March 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 38 Days | 53 Days | +38.3% |
Summary: Homes in Hood River had an average of 53 days on market in Mar 2024, up by 38.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 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 March 2024, 6 homes were sold in Hood River; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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