Is Hood River County, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hood River County has remained a Seller's Market.
Key Takeaway
Hood River County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hood River County, OR
How much do homes in Hood River County, OR cost?
Median Sold Price
$702,000
$389/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hood River County have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Hood River County was $702,000 in May 2024, up 2.5% from last year, and the median price per square foot was $389.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $522.5K | $430K | -17.7% |
| 2 Bedrooms | $525K | $515K | -1.9% |
| 3 Bedrooms | $675K | $699K | +3.6% |
| 4 Bedrooms | $760K | $815K | +7.2% |
| 5+ Bedrooms | $1.0M | $904.2K | -12.6% |
Summary: Hood River County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.7%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes decreased by 12.6%.
Median Sold Price Compared To Nearby Counties
| Skamania County | $510K | $550K | +7.8% |
| Hood River County | $685K | $702K | +2.5% |
| Clackamas County | $605.7K | $610.1K | +0.7% |
| Multnomah County | $507.5K | $499.9K | -1.5% |
| Wasco County | $405K | $396.2K | -2.2% |
Housing Supply in Hood River County, OR
How many homes are available in Hood River County, OR?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 74 | 82 | +10.8% |
Summary: The Hood River County real estate market had 82 homes for sale in May 2024, a 10.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 8 | +100.0% |
| 2 Bedrooms | 12 | 10 | -16.7% |
| 3 Bedrooms | 35 | 39 | +11.4% |
| 4 Bedrooms | 20 | 19 | -5.0% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Hood River County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hood River County, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Hood River County in May 2024, the same as the previous month. Of the 15 sold homes, 47% were sold under asking, 13% were sold at asking, and 40% were sold over asking.
Days on Market for Hood River County, OR
How long does it take to sell a home in Hood River County, OR?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 44 Days | 9 Days | -77.8% |
Summary: Homes in Hood River County had an average of 9 days on market in May 2024, down by 77.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hood River County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 15 homes were sold in Hood River County; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.