Hood River, OR 97031 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Hood River, OR—97031

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$721,000

0.0% YoY Growth

Household Income

$86,100

34.8% YoY Growth

Days on Market

8.0% Longer YoY

Home Price Forecast

-0.7%

Median Rent

$2,800

12.4% YoY Growth

1-Bed Rent

$2,000

N/A

2-Bed Rent

$2,000

8.3% YoY Growth

3-Bed Rent

$2,950

13.6% YoY Growth

Home Price Trends — Hood River, OR

As of May '26, the median home price in Hood River, OR is $721,000, with a year-over-year change of 0.0%. This indicates that home prices in Hood River, OR are flat. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$721,000	0.0%
Single Family	$733,000	0.4%
Condos	$379,000	-1.3%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Hood River, OR

As of July '25, Rentcast reports the average rent in Hood River, OR is $2,720, with a year-over-year rent change of 12.4%. Per bedroom, the median rent as of July '25 in Hood River, OR is 1-bedrooms: $2,000, 2-bedrooms: $1,960, 3-bedrooms: $3,000, 4-bedrooms: $2,500. The most common rental property sizes in Hood River, OR are 2-bedroom and 3-bedroom, accounting for 33.3% and 28.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,800	$2,720
Studio Rent	N/A	N/A
1 Bed Rent	$2,000	$2,000
2 Bed Rent	$2,000	$1,960
3 Bed Rent	$2,950	$3,000
4 Bed Rent	$2,500	$2,500

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% of Rental Stock

Studio

7.0%

1 Bedroom

20.7%

2 Bedrooms

33.3%

3 Bedrooms

28.5%

4 Bedrooms

9.2%

5+ Bedrooms

1.3%

Property Listings — Hood River, OR

As of May '26, Realtor.com reports that the median days on market for a home in Hood River, OR is 47. This is a increase of 8.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$852,000	-15.0%
Listing Count	62	5.0%
Listings as % of Homes	0.3%	5.0%
Days on Market	47	8.0%

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Demographics — Hood River, OR

As of the latest ACS Survey released in 2023, Hood River, OR has a population of 19,100, which has remained stable by -0.1% over the past 5 years. Hood River, OR is a moderately popular place for families, as children make up 23.5% of the population. The area has a moderately educated workforce, with 41.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	19,100	-0.1%
% Under 18	23.5%	-3.7%
% Seniors	16.5%	12.2%
% WFH	19.8%	76.8%
% w/ College Degree	41.6%	23.8%

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As of the latest ACS Survey released in 2023, Hood River, OR is a predominantly white area, with 61.7% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Hood River, OR is hispanic, making up 30.6% of the population. Foreign-born residents account for 14.6% of the population in Hood River, OR, and this percentage has decreased by 4.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	61.7%	-2.7%
% Black	1.0%	66.7%
% Hispanic	30.6%	-4.4%
% Asian	1.0%	-23.1%
% Foreign Born	14.6%	-4.6%

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Mortgage and Risk — Hood River, OR

According to HUD data as of 2023, there were 235 mortgage originations in Hood River, OR, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Hood River, OR. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	235
% Conventional Loans	94.0%
% Government Loans	6.0%
% Investor Loans	1.0%
% Second Loans	7.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Hood River, OR

Hood River, OR lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	186
Total Units Section 8	186
% Rentals under Section 8	N/A
% Occupied Section 8	81.1%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$540	$2,000	$1,460
2 Bedroom	-$80	$2,000	$1,920
3 Bedroom	-$260	$2,950	$2,690
4 Bedroom	$720	$2,500	$3,220

Hood River, OR—97031

Key Metrics at a Glance

Home Price Trends — Hood River, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hood River, OR

% of Rental Stock

Property Listings — Hood River, OR

Demographics — Hood River, OR

Race and Ethnicity

Mortgage and Risk — Hood River, OR

Mortgages

Rentals and Section 8 — Hood River, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Hood River, OR

Home Price to Income Ratio

Hood River, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Underwood, WA

Bingen, WA

Mount Hood Parkdale, OR

Mosier, OR

White Salmon, WA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	8.1
Median Home Price	$721,000
Median Household Income	$86,100

Hood River, OR—97031

Key Metrics at a Glance

Home Price Trends — Hood River, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hood River, OR

% of Rental Stock

Property Listings — Hood River, OR

Demographics — Hood River, OR

Race and Ethnicity

Mortgage and Risk — Hood River, OR

Mortgages

Rentals and Section 8 — Hood River, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Hood River, OR

Home Price to Income Ratio

Hood River, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Underwood, WA

Bingen, WA

Mount Hood Parkdale, OR

Mosier, OR

White Salmon, WA

Frequently Asked Questions

What is the average home price in Hood River, OR 97031?

How have home prices in Hood River, OR 97031 changed over the past year?

What is the home price projection for Hood River, OR 97031?

What are the demographics of Hood River, OR 97031?

How long does it take homes to sell in Hood River, OR 97031?

What is the average rent price in Hood River, OR 97031?