Mount Hood Parkdale, OR—97041
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mount Hood Parkdale, OR
As of Oct '25, the median home price in Mount Hood Parkdale, OR is $684,000, with a year-over-year change of -3.7%. This indicates that home prices in Mount Hood Parkdale, OR are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $684,000 | -3.7% |
| Single Family | $684,000 | -3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $596,000 | -1.5% |
3 Bed | $725,000 | -2.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mount Hood Parkdale, OR
Mount Hood Parkdale, OR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mount Hood Parkdale, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Mount Hood Parkdale, OR is 97. This is a decrease of -17.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $969,000 | -26.0% |
Listing Count | 11 | 20.0% |
| Listings as % of Homes | 0.2% | 20.0% |
Days on Market | 97 | -17.0% |
Demographics — Mount Hood Parkdale, OR
As of the latest ACS Survey released in 2023, Mount Hood Parkdale, OR has a population of 3,280, which has increased by 16.2% over the past 5 years. Mount Hood Parkdale, OR is a moderately popular place for families, as children make up 16.5% of the population. The area has a moderately educated workforce, with 32.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,280 | 16.2% |
% Under 18 | 16.5% | -37.0% |
% Seniors | 23.9% | 69.5% |
% WFH | 10.6% | 1.9% |
% w/ College Degree | 32.6% | 34.7% |
As of the latest ACS Survey released in 2023, Mount Hood Parkdale, OR is a predominantly white area, with 56.7% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Mount Hood Parkdale, OR is hispanic, making up 39.8% of the population. Foreign-born residents account for 23.8% of the population in Mount Hood Parkdale, OR, and this percentage has decreased by 8.1% 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 | 56.7% | -0.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 39.8% | 6.1% |
% Asian | 0.4% | -82.6% |
% Foreign Born | 23.8% | -8.1% |
Mortgage and Risk — Mount Hood Parkdale, OR
According to HUD data as of 2023, there were 49 mortgage originations in Mount Hood Parkdale, OR, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Mount Hood Parkdale, OR. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 49 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Mount Hood Parkdale, OR
Mount Hood Parkdale, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,250 |
| 2 Bedroom | N/A | N/A | $1,650 |
| 3 Bedroom | N/A | N/A | $2,320 |
| 4 Bedroom | N/A | N/A | $2,790 |
Affordability — Mount Hood Parkdale, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.6 |
| Median Home Price | $684,000 |
| Median Household Income | $73,200 |