The Gresham Butte housing market is somewhat competitive. The median sale price of a home in Gresham Butte was $612K last month, up 11.9% since last year. The median sale price per square foot in Gresham Butte is $257, down 8.9% since last year.
What is the housing market like in Gresham Butte today?
In March 2024, Gresham Butte home prices were up 11.9% compared to last year, selling for a median price of $612K. On average, homes in Gresham Butte sell after 98 days on the market compared to 20 days last year. There were 19 homes sold in March this year, up from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$612,315
+11.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Gresham Butte, OR
$612,315
+11.9%
United States
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How hot is the Gresham Butte housing market?
Gresham Butte is somewhat competitive. Homes sell in 62 days.
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100
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Somewhat Competitive
Redfin Compete Score™
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 62 days.
Hot homes
can sell for around list price and go pending in around 23 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Gresham Butte housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Gresham Butte.
Risk Factor
Flood Factor - Major
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Gresham Butte has a major risk of flooding. 92 properties in Gresham Butte are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Gresham Butte. Flood risk is increasing slower than the national average.
73% of properties are at risk of wildfire over the next 30 years
Fire Factor
Gresham Butte has a moderate risk of wildfire. There are 1,776 properties in Gresham Butte that have some risk of being affected by wildfire over the next 30 years. This represents 73% of all properties in Gresham Butte.
Gresham Butte has minimal risk of severe winds over the next 30 years
Wind Factor
Gresham Butte has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.