$4,750 Closing Credit*
$400,000
1,068 SqFt
2 Beds
•1 Full Bath
Liz Warren, Listing Office: Keller Williams PDX Central
Is Mount Hood, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Mount Hood was a Seller's Market.
Key Takeaway
Mount Hood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mount Hood, OR
How much do homes in Mount Hood, OR cost?
Median Sold Price
$628,000
$369/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$48,000(+8.3%)
Key Takeaway
Homes in Mount Hood have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Mount Hood was $628,000 in October 2024, up 8.3% from last year, and the median price per square foot was $369.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $353.7K | $314K | -11.2% |
| 2 Bedrooms | $432K | $430K | -0.5% |
| 3 Bedrooms | $632.5K | $635K | 0.4% |
| 4 Bedrooms | $734.8K | $755K | +2.7% |
| 5+ Bedrooms | $1.0M | $675K | -35.7% |
Summary: Mount Hood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.2%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 35.7%.
Median Sold Price Compared To Nearby Cities
| Mount Hood | $580K | $628K | +8.3% |
| Rhododendron | $475K | $500K | +5.3% |
| Sandy | $499.9K | $499.9K | 0.0% |
Housing Supply in Mount Hood, OR
How many homes are available in Mount Hood, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 90 | 89 | -1.1% |
Summary: The Mount Hood real estate market had 89 homes for sale in October 2024, a 1.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 6 | +100.0% |
| 2 Bedrooms | 22 | 20 | -9.1% |
| 3 Bedrooms | 37 | 37 | 0.0% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 11 | 8 | -27.3% |
Summary: The Mount Hood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 27.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 10 | -37.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Hood, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Mount Hood in October 2024, down by 37.5% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 51 Days | 26 Days | -48.8% |
Summary: Homes in Mount Hood had an average of 26 days on market in Oct 2024, down by 48.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mount Hood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Mount Hood; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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