Hood River, OR


Highest Appreciating Hood River Neighborhoods Since 2000

Hood River, OR Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Hood River Housing Market Information

With 7,624 people, 3,005 houses or apartments, and a median cost of homes of $415,627, Hood River house prices are not only among the most expensive in Oregon, Hood River real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Hood River, accounting for 58.70% of the city's housing units. Other types of housing that are prevalent in Hood River include large apartment complexes or high rise apartments ( 25.03%), duplexes, homes converted to apartments or other small apartment buildings ( 10.93%), and a few row houses and other attached homes ( 2.74%).

The most prevalent building size and type in Hood River are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 46.17% owning and 53.83% renting.

There is a lot of housing in Hood River built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Hood River built between 2000 and later ( 25.60%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.03%). There's also some housing in Hood River built before 1939 ( 20.49%).

Vacant housing appears to be an issue in Hood River. Fully 14.24% of the housing stock is classified as vacant. Left unchecked, vacant Hood River homes and apartments can be a drag on the real estate market, holding Hood River real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Hood River Home Appreciation Rates

In the last 10 years, Hood River has experienced some of the highest home appreciation rates of any community in the nation. Hood River real estate appreciated 19.65% over the last ten years, which is an average annual home appreciation rate of 1.81%, putting Hood River in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Hood River definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Hood River that despite a nationwide downturn in the housing market, Hood River real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hood River appreciation rates continue to be some of the highest in America, at 10.65%, which is higher than appreciation rates in 95.42% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hood River. Hood River appreciation rates in the latest quarter were at 0.46%, which equates to an annual appreciation rate of 1.84%.

Relative to Oregon, our data show that Hood River's latest annual appreciation rate is higher than 60% of the other cities and towns in Oregon.

Average Home Values


Median Home Value:


Value Range
> $1,279,000 0.4
$959,001 - $1,279,000 6.8
$639,001 - $959,000 4.7
$511,001 - $639,000 10.7
$384,001 - $511,000 39.4
$256,001 - $384,000 21.0
$128,001 - $256,000 8.5
$64,001 - $128,000 1.5
$0 - $64,000 7.0

Very High for OR
Very High for Nation

Value Relative to Nation Value Relative to State
8.71323098558537 10.1449275362319

Number Of Homes And Apartments:

Hood River Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
125.84% 4.84% 10 10
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,030 / per month

Homeownership Rate

Owners 46.17
Renters 53.83
Vacant 14.24

Housing Market Details


Age of Homes

2000 or Newer 25.6
1970 - 1999 32.9
1940 - 1969 21.0
1939 or Older 20.5

Types of Homes

Single-Family 58.7
Townhomes 2.7
Small Apt. Buildings 10.9
Apt. Complexes 25.0
Mobile Homes 2.6
Other 0.0

Home Size

No Bedroom 2.71
1 Bedroom 13.81
2 Bedrooms 28.68
3 Bedrooms 41.21
4 Bedrooms 12.07
5 or more bedrooms 1.51

Popular Neighborhoods in Hood River

Zip Codes in Hood River, OR