Gresham, OR Housing Market
The Gresham housing market is very competitive. Homes in Gresham receive 4 offers on average and sell in around 21 days. The median sale price of a home in Gresham was $484K last month, up 1.0% since last year. The median sale price per square foot in Gresham is $260, down 2.3% since last year.
Gresham Housing Market Trends
In March 2024, Gresham home prices were up 1.0% compared to last year, selling for a median price of $484K. On average, homes in Gresham sell after 21 days on the market compared to 33 days last year. There were 90 homes sold in March this year, up from 83 last year.
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How hot is the Gresham housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 20 days.
- Hot homescan sell for about 2% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 24 days.
- Hot homescan sell for about 3% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 39 days.
- Hot homescan sell for around list price and go pending in around 13 days.
Gresham Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Gresham from outside metros.
- Seattle homebuyers searched to move into Gresham more than any other metro followed by San Francisco and Los Angeles.
- 78% of Gresham homebuyers searched to stay within the Gresham metropolitan area.
- Bend was the most popular destination among Gresham homebuyers followed by Eugene and Phoenix.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 2,180 | ||
2 | 1,716 | ||
3 | 1,245 | ||
4 | 286 | ||
5 | 241 | ||
6 | 177 | ||
7 | 106 | ||
8 | 79 | ||
9 | 45 | ||
10 | 38 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 1,666 | ||
2 | 939 | ||
3 | 933 | ||
4 | 545 | ||
5 | 295 | ||
6 | 287 | ||
7 | 284 | ||
8 | 269 | ||
9 | 261 | ||
10 | 230 |
View houses in Gresham that sold recently
Recently sold homes
- $519,000 Last Sold Price4 beds2 baths1,816 sq ft3625 NE Division St, Gresham, OR 97030Jason Webb • Legacy Realty GroupList Price$519,000Sale to List0% over listDays on Market34 days3625 NE Division St, Gresham, OR 97030
- $1,100,000 Last Sold Price3 beds2.5 baths3,164 sq ft471 NE Williams Rd, Gresham, OR 97030Leslee Dirk • ERA Freeman & AssociatesList Price$1,089,000Sale to List1% over listDays on Market64 days471 NE Williams Rd, Gresham, OR 97030
- $537,995 Last Sold Price4 beds2.5 baths2,224 sq ft3379 SE 35th St, Gresham, OR 97080Carrie Secanti • D. R. Horton, Inc PortlandList Price$537,995Sale to List0% over listDays on Market76 days3379 SE 35th St, Gresham, OR 97080
- $459,900 Last Sold Price3 beds2 baths1,285 sq ft4215 SW Myrtle Ave, Gresham, OR 97080Ron Christian • LGI HomesList Price$464,900Sale to List1% under listDays on Market221 days4215 SW Myrtle Ave, Gresham, OR 97080
- $535,990 Last Sold Price4 beds2 baths1,800 sq ft234 SE Greenway Dr, Gresham, OR 97080Dominika Pukay • UNIQUE REALTList Price$539,900Sale to List1% under listDays on Market102 days234 SE Greenway Dr, Gresham, OR 97080
- $440,000 Last Sold Price4 beds2 baths1,958 sq ft16246 NE Everett Ct, Portland, OR 97230Steve Yates • RE/MAX Equity GroupList Price$419,900Sale to List5% over listDays on Market40 days16246 NE Everett Ct, Portland, OR 97230
- $459,900 Last Sold Price3 beds2 baths1,285 sq ft4239 SW Myrtle Ave, Gresham, OR 97080Ron Christian • LGI HomesList Price$459,900Sale to List0% over listDays on Market97 days4239 SW Myrtle Ave, Gresham, OR 97080
- $451,000 Last Sold Price3 beds2.5 baths1,648 sq ft3517 SW 24th Ter, Gresham, OR 97080Tony Ngo • Epique RealtyList Price$440,000Sale to List2% over listDays on Market40 days3517 SW 24th Ter, Gresham, OR 97080
See all recently sold homes in Gresham.
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Schools in Gresham
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Pleasant Valley Elementary School Public • K-6 | 407 Students | 5 reviews |
7/10 Troutdale Elementary School Public • K-5 | 442 Students | 6 reviews |
6/10 Sweetbriar Elementary School Public • K-5 | 343 Students | 8 reviews |
6/10 Hogan Cedars Elementary School Public • K-5 | 556 Students | 4 reviews |
6/10 East Gresham Elementary School Public • K-5 | 369 Students | 8 reviews |
Climate's impact on Gresham housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Gresham.
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Transportation in Gresham
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