97031 — Hood River County, Oregon Market Snapshot
Housing market data for zip code 97031 in Hood River County, Oregon. Updated monthly with median prices, days on market, and more.
Market Sales Data
28 sales in 2026 (year to date)
Median Sale Price
$762,500
Days to Sell
18
Homes Sold
28
Inventory
28
Sale-to-List
97.7%
New Listings
59
Price/SqFt
$450
Pending Sales
52
Conforming Loan Available
The median home in 97031 at $762,500 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Market Insights
Market Temperature
Homes in 97031 are moving quickly at 18 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
The average home in 97031 sells for 2.3% below asking price (97.7% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
The median home in 97031 at $762,500 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Loan limits in 97031 are set at the county level.
2026 Loan Limits — Hood River County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $762,450 |
| 2 Units | $1,066,250 | $976,100 |
| 3 Units | $1,288,800 | $1,179,850 |
| 4 Units | $1,601,750 | $1,466,250 |
Affordability Snapshot — Zip 97031
To purchase the median home at $762,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,992.
Monthly Payment
$5,992
Income Required
$256,801
Principal & Interest
$4,698/mo
Down Payment (5%)
$38,125
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 97031.
Estimated Monthly Payment
$4,869
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