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.
Key Takeaway
Mount Hood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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
Key Takeaway
The sold price of homes in Mount Hood has remained the same since last year.
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
Key Takeaway
If you're buying a home in Mount Hood, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
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
Key Takeaway
Many homes in Mount Hood are selling fast, if you're buying plan to act quickly.
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.
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