$6,531 Closing Credit*
$549,999
1,188 SqFt
3 Beds
•2 Full Baths
Greg Rosen, Listing Office: Pacific Pioneer Real Estate
Is Mount Hood, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$610,000
$365/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+0.8%)
Key Takeaway
Homes in Mount Hood have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Mount Hood was $610,000 in November 2024, up 0.8% from last year, and the median price per square foot was $365.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $353.7K | $314K | -11.2% |
| 2 Bedrooms | $462.6K | $415K | -10.3% |
| 3 Bedrooms | $631.2K | $646.5K | +2.4% |
| 4 Bedrooms | $763.2K | $737.5K | -3.4% |
| 5+ Bedrooms | $1.1M | $675K | -40.0% |
Summary: Mount Hood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.2%, 2 bedroom homes decreased by 10.3%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 40%.
Median Sold Price Compared To Nearby Cities
| Mount Hood | $605K | $610K | +0.8% |
| Sandy | $502.5K | $499.9K | -0.5% |
| Rhododendron | $507.2K | $470K | -7.3% |
Housing Supply in Mount Hood, OR
How many homes are available in Mount Hood, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 84 | 79 | -6.0% |
Summary: The Mount Hood real estate market had 79 homes for sale in November 2024, a 6.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 20 | 19 | -5.0% |
| 3 Bedrooms | 34 | 31 | -8.8% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Mount Hood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 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. 80% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Mount Hood in November 2024, the same as the previous month. Of the 10 sold homes, 80% were sold under asking, 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 58 Days | 35 Days | -40.2% |
Summary: Homes in Mount Hood had an average of 35 days on market in Nov 2024, down by 40.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mount Hood are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Mount Hood; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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