Is Hood River, OR 97031 a buyer’s or seller’s market?
Hood River is a seller’s market. With about 1.9 months of supply and 15% 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.
More competitive than 59% of U.S. ZIP codes, and #60 of 170 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Hood River housing market right now
In the three months ending August 31, 2026, 15% of homes in Hood River, OR 97031 sold above their list price, the typical home went under contract in 12 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 61 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (17% then), homes sold faster (26 days then) and the median sale price fell 4% to $779,663. Overall, Hood River is about as competitive as it was a year ago.
On our competition score, Hood River ranks #60 of 170 OR ZIP codes with enough sales (score 57 out of 100).
Nearby, buyers who want less competition could look at Mount Hood Parkdale 97041 (0% sold over asking), while Cascade Locks 97014 (20% sold over asking) is even more competitive.
Run the numbers for 97031
Nearby markets
Cascade Locks 97014Seller’s market $246 /sq ftMount Hood Parkdale 97041Buyer’s market $416 /sq ft Browse all markets →Towns like Hood River nearby
Find towns like Hood River in other states →Where Hood River is
Loading map…
Questions about Hood River real estate
Is Hood River a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in Hood River, OR 97031 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 Hood River?
The typical home went under contract in 12 days in the latest three months.
Do homes in Hood River sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.
What are property taxes in Hood River?
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 Hood River?
The median sale price was $779,663 in the three months ending August 31, 2026, about $409 per square foot.
Local agents
See all agents in 97031 →No sponsored agents in 97031 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 97031
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology