Gresham, OR Housing Market
The Gresham housing market is somewhat 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
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
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 22 days.
- Hot homescan sell for about 2% above list price and go pending in around 6 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 26 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 35 days.
- Hot homescan sell for around list price and go pending in around 12 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
- $559,900 Last Sold Price5 beds2.5 baths2,018 sq ft4134 SW 42nd St, Gresham, OR 97080Ron Christian • LGI HomesList Price$559,900Sale to List0% over listDays on Market31 days4134 SW 42nd St, Gresham, OR 97080
- $232,800 Last Sold Price2 beds1.5 baths1,088 sq ft4111 NE 8th St, Gresham, OR 97030Joe Hernandez • Portland DigsList Price$229,900Sale to List1% over listDays on Market54 days4111 NE 8th St, Gresham, OR 97030
- $545,000 Last Sold Price3 beds2 baths1,826 sq ft2713 SW Willow Pkwy, Gresham, OR 97080Leigh Flynn • Wise Move Real EstateList Price$535,900Sale to List2% over listDays on Market47 days2713 SW Willow Pkwy, Gresham, OR 97080
- $449,900 Last Sold Price4 beds2 baths1,872 sq ft120 NW 22nd St, Gresham, OR 97030Murooj Alshawy • Keller Williams PDX CentralList Price$449,900Sale to List0% over listDays on Market111 days120 NW 22nd St, Gresham, OR 97030
- $449,900 Last Sold Price3 beds2.5 baths1,558 sq ft2351 SE 17th Aly, Gresham, OR 97080Trinh Vu • Stone Creek Realty Inc,List Price$449,900Sale to List0% over listDays on Market45 days2351 SE 17th Aly, Gresham, OR 97080
- $260,000 Last Sold Price2 beds1.5 baths984 sq ft16641 NE Halsey St, Portland, OR 97230Chris Bonner • Cascade Hasson Sotheby's International RealtyList Price$275,000Sale to List5% under listDays on Market27 days16641 NE Halsey St, Portland, OR 97230
- $420,000 Last Sold Price3 beds2 baths1,074 sq ft2402 NW Stanley Ave, Gresham, OR 97030Cathy Cover • RE/MAX Equity GroupList Price$389,950Sale to List8% over listDays on Market31 days2402 NW Stanley Ave, Gresham, OR 97030
- $499,000 Last Sold Price2 beds1 bath2,482 sq ft1043 NW 1st St, Gresham, OR 97030RE/MAX Equity Group RedfinList Price$499,000Sale to List0% over listDays on Market51 days1043 NW 1st St, Gresham, OR 97030
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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