Is Mount Hood, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mount Hood has remained a Seller's Market.
Housing Prices in Mount Hood, OR
How much do homes in Mount Hood, OR cost?
Median Sold Price
$606,000
$365/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mount Hood was $606,000 in April 2024, down 0.2% from last year, and the median price per square foot was $365.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $326.5K | $305K | -6.6% |
2 Bedrooms | $453.2K | $454.3K | 0.2% |
3 Bedrooms | $646.5K | $627.5K | -2.9% |
4 Bedrooms | $771K | $770K | -0.1% |
5+ Bedrooms | $1.0M | $900K | -15.0% |
Summary: Mount Hood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.6%, 2 bedroom homes increased by 0.2%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 15%.
Housing Supply in Mount Hood, OR
How many homes are available in Mount Hood, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 58 | +28.9% |
Summary: The Mount Hood real estate market had 58 homes for sale in April 2024, a 28.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 18 | 24 | +33.3% |
4 Bedrooms | 12 | 14 | +16.7% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Mount Hood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Mount Hood in April 2024, up by 83.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for Mount Hood, OR
How long does it take to sell a home in Mount Hood, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 50 Days | +1.7% |
Summary: Homes in Mount Hood had an average of 50 days on market in Apr 2024, up by 1.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Mount Hood; 45% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.