The Downtown Gresham housing market is somewhat competitive. The median sale price of a home in Downtown Gresham was $367K last month, down 3.9% since last year. The median sale price per square foot in Downtown Gresham is $196, down 6.4% since last year.
What is the housing market like in Downtown Gresham today?
In February 2025, Downtown Gresham home prices were down 3.9% compared to last year, selling for a median price of $367K. On average, homes in Downtown Gresham sell after 36 days on the market compared to 59 days last year. There were 6 homes sold in February this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$367,000
-3.9% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Downtown Gresham, OR
$367,000
-3.9%
United States
To compare other locations to the Downtown 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 Downtown Gresham housing market?
Downtown Gresham is somewhat competitive. Homes sell in 24 days.
0
100
59
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 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 24 days.
Hot homes
can sell for about 3% above list price and go pending in around 15 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 Downtown Gresham housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Gresham.
Flood Factor - Minor
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Gresham has a minor risk of flooding. 9 properties in Downtown Gresham are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Downtown Gresham. Flood risk is increasing faster than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Gresham has a moderate risk of wildfire. There are 996 properties in Downtown Gresham that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Downtown Gresham.
Downtown Gresham has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown 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.
99% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Downtown Gresham has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Downtown Gresham have a Moderate Heat Factor®.
Downtown Gresham is expected to see a 100% increase in the number of days over 92ºF over the next 30 years. Downtown Gresham is expected to experience 5