Is Cascade Locks, OR 97014 a buyer’s or seller’s market?
Cascade Locks is a seller’s market. With about 3.8 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Cascade Locks housing market right now
In the three months ending August 31, 2026, 20% of homes in Cascade Locks, OR 97014 sold above their list price, the typical home went under contract in 56 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold more slowly (24 days then) and the median sale price fell 10% to $424,816. Overall, Cascade Locks is less competitive than a year ago, which gives buyers more room.
Nearby, buyers who want less competition could look at Mount Hood Parkdale 97041 (0% sold over asking) or Hood River 97031 (15% sold over asking).
Run the numbers for 97014
Nearby markets
Hood River 97031Seller’s market $409 /sq ftMount Hood Parkdale 97041Buyer’s market $416 /sq ft Browse all markets →Towns like Cascade Locks nearby
Find towns like Cascade Locks in other states →Where Cascade Locks is
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Questions about Cascade Locks real estate
Is Cascade Locks a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in Cascade Locks, OR 97014 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Cascade Locks?
The typical home went under contract in 56 days in the latest three months.
Do homes in Cascade Locks sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What are property taxes in Cascade Locks?
About 0.53% of a home’s value a year in Hood River County, or roughly $2,120 on a $400,000 home.
What is the median home price in Cascade Locks?
The median sale price was $424,816 in the three months ending August 31, 2026, about $246 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology