The Southwest Gresham housing market is very competitive. The median sale price of a home in Southwest Gresham was $501K last month, down 8.1% since last year. The median sale price per square foot in Southwest Gresham is $275, down 5.7% since last year.
What is the housing market like in Southwest Gresham today?
In January 2025, Southwest Gresham home prices were down 8.1% compared to last year, selling for a median price of $501K. On average, homes in Southwest Gresham sell after 36 days on the market compared to 52 days last year. There were 20 homes sold in January this year, down from 21 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$501,000
-8.1% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Southwest Gresham, OR
$501,000
-8.1%
United States
To compare other locations to the Southwest Gresham and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Gresham add value to a home.
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How hot is the Southwest Gresham housing market?
Southwest Gresham is very competitive. Homes sell in 33 days.
0
100
72
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 33 days.
Hot homes
can sell for around list price and go pending in around 6 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 Southwest Gresham housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southwest Gresham.
Flood Factor - Minor
2% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest Gresham has a minor risk of flooding. 47 properties in Southwest Gresham are likely to be
severely affected
by flooding over the next 30 years. This represents 2% of all properties in Southwest Gresham. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southwest Gresham has a moderate risk of wildfire. There are 3,449 properties in Southwest Gresham that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Southwest Gresham.
Southwest Gresham has minimal risk of severe winds over the next 30 years
Wind Factor
Southwest Gresham has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
66% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Southwest Gresham has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 66% of homes in Southwest Gresham have a Moderate Heat Factor®.
Southwest Gresham is expected to see a 114% increase in the number of days over 90ºF over the next 30 years. Southwest Gresham is expected to experience 7