Is Mount Hood, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Mount Hood was a Neutral Market.
Housing Prices in Mount Hood, OR
How much do homes in Mount Hood, OR cost?
Median Sold Price
$600,000
$369/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mount Hood was $600,000 in May 2024, up 0.2% from last year, and the median price per square foot was $369.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $326.2K | $318.5K | -2.4% |
2 Bedrooms | $450.9K | $436K | -3.3% |
3 Bedrooms | $637K | $627.5K | -1.5% |
4 Bedrooms | $769.5K | $760K | -1.2% |
5+ Bedrooms | $921K | $957.5K | +4.0% |
Summary: Mount Hood housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 4%.
Housing Supply in Mount Hood, OR
How many homes are available in Mount Hood, OR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
60 | 75 | +25.0% |
Summary: The Mount Hood real estate market had 75 homes for sale in May 2024, a 25.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 9 | 16 | +77.8% |
3 Bedrooms | 26 | 29 | +11.5% |
4 Bedrooms | 14 | 19 | +35.7% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Mount Hood housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 77.8%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 10 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Mount Hood in May 2024, down by 16.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 0% were sold at asking, and 70% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
31 Days | 24 Days | -20.0% |
Summary: Homes in Mount Hood had an average of 24 days on market in May 2024, down by 20% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Mount Hood; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.