Is Hood River, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hood River is a seller's market

Buyer's
Market

Difference Since November 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

$746,562

$411/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$48,062(+6.9%)

Key Takeaway

Homes in Hood River have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Hood River was $746,562 in November 2024, up 6.9% from last year, and the median price per square foot was $411.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $427K$732.7K
+71.6%
2 $542.5K$625K
+15.2%
3 $698K$710K
+1.7%
4 $822.5K$925K
+12.5%
5+ $1.0M$900K
-10.3%

Summary: Hood River housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.6%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 10.3%.

Housing Supply in Hood River, OR

How many homes are available in Hood River, OR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6755-17.9%

Summary: The Hood River real estate market had 55 homes for sale in November 2024, a 17.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 42
-50.0%
2 1211
-8.3%
3 3727
-27.0%
4 1011
+10.0%
5+ 44
0.0%

Summary: The Hood River housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 27%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1910-47.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hood River, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Hood River in November 2024, down by 47.4% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% 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

Nov 2023Nov 2024CHANGE
32 Days67 Days+108.9%

Summary: Homes in Hood River had an average of 67 days on market in Nov 2024, up by 108.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Hood River are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 10 homes were sold in Hood River; 30% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Hood River, OR

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