97031 — Hood River, OR Home Values
Typical home value $724,429 as of June 2026 · 1st of 3 in Hood River, OR
Blue: typical home value (Zillow ZHVI) in ZIP code 97031, June 2021 to June 2026. This page shows observed data only; no forecast.
How 97031 compares in the Hood River, OR area
ZIP code 97031 (Hood River, OR) has a typical home value of $724,429 as of June 2026, ranking 1st of 3 ZIP codes tracked in the Hood River, OR area, the most expensive ZIP code in the metro. Prices here have moved +1.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +15.2%, from $628,825 in June 2021 to $724,429 in June 2026. Against observed rent, the typical home here sells for 17.1× the annual rent ($3,522/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Hood River, OR forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Hood River.
Population and demographics
ZIP code 97031 has a population of 19,145, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 62.4% White, 30.6% Hispanic or Latino, 4.5% two or more races, 0.9% Asian, 0.8% Black or African American, 0.6% another race, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| WyEast Middle School | 3000 Wy'East Rd, Hood River, OR | 2.9 mi |
| Mid Valley Elementary School | 3686 Davis Drive, Hood River, OR | 3 mi |
| Hood River Valley High School | 1220 Indian Creek Rd, Hood River, OR | 5.7 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 97031?
$724,429 as of June 2026, the latest month Zillow has published observed data for.
Is 97031 an expensive ZIP code in the Hood River, OR area?
97031 ranks 1st of 3 ZIP codes in the Hood River, OR area by typical home value, the most expensive ZIP code in the metro.
How much have home values in 97031 changed over the past year?
+1.3% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 97031?
The typical home price is 17.1× the observed annual rent in this ZIP code ($3,522/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 97031?
19,145, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 97031?
WyEast Middle School (2.9 mi), Mid Valley Elementary School (3 mi), Hood River Valley High School (5.7 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 97031?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Hood River, OR forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.