Markets/Oregon/Hood River

Hood River, OR Real Estate Market 2026

Investor-grade market analytics for Hood River, Oregon. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$688,715

+2.4% year-over-year

Est. Rental Yield

4.6%

gross annual

12-Month Forecast

+2.3%

base case (Zillow ZHVF)

+2.3% year-over-year

Climate Risk

10/100

Very Low

Market Momentum

๐Ÿ”ฅ
Hot
2.1mo supply ยท Score +4/7

Net migration: Bottom 18% nationally

Income Migration

๐Ÿ’ฐ Wealth Influx1.71x

In-migrants avg $115,523 AGI vs out-migrants $67,613

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Opportunity Zone Market

3 ZIP codes in Hood River are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Hood River Market Summary

Hood River, OR shows steady growth at 2.4% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability pressure is significant: the price-to-income ratio of 8.39x well exceeds the national average of 4.8x. Climate risk remains low (10/100), favorable for long-term investment stability. Rental yield of 4.62% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score23/100
Price-to-Income Ratio8.4x (national avg 4.8x)
Median Household Income$82,095

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+1.2%
Base Case+2.3%
Bull Case+3.5%

Climate & Natural Hazard Risk

Hood River, OR's primary climate exposure is wildfire (50/100). The composite climate risk score of 10/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Hood River dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.