Gresham, OR Housing Market
The Gresham housing market is very competitive. Homes in Gresham receive 4 offers on average and sell in around 13 days. The median sale price of a home in Gresham was $490K last month, up 2.7% since last year. The median sale price per square foot in Gresham is $272, up 4.2% since last year.
Gresham Housing Market Trends
In April 2024, Gresham home prices were up 2.7% compared to last year, selling for a median price of $490K. On average, homes in Gresham sell after 13 days on the market compared to 16 days last year. There were 80 homes sold in April this year, down from 93 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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 18 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
- 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 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 | Feb '24 - Apr '24 | ||
1 | 2,173 | ||
2 | 1,737 | ||
3 | 1,371 | ||
4 | 348 | ||
5 | 250 | ||
6 | 169 | ||
7 | 101 | ||
8 | 96 | ||
9 | 43 | ||
10 | 35 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 1,689 | ||
2 | 1,299 | ||
3 | 920 | ||
4 | 593 | ||
5 | 314 | ||
6 | 289 | ||
7 | 286 | ||
8 | 272 | ||
9 | 235 | ||
10 | 228 |
Home offer insights for Gresham
Recent offers
- Offer Not Accepted|5 Weeks Ago~$375K OfferSold for $425K3 bd | 2.5 ba | ~1,500 sqftOver List Price0%Days on Market2Competing Offers3Down Payment~50%
- Offer Not Accepted|11 Weeks Ago~$200K OfferSold for $300K3 bd | 2.5 ba | ~2,500 sqftOver List Price2%Days on Market8Competing Offers>25Down Payment—
View houses in Gresham that sold recently
Recently sold homes
- $452,000 Last Sold Price4 beds2 baths1,442 sq ft3238 SE 176th Pl, Gresham, OR 97233Ross Seligman • Windermere Realty TrustList Price$415,000Sale to List9% over listDays on Market34 days3238 SE 176th Pl, Gresham, OR 97233
- $540,000 Last Sold Price5 beds3 baths2,874 sq ft1979 SW Willow Pkwy, Gresham, OR 97080Brian Whistler • Premiere Property Group, LLCList Price$524,500Sale to List3% over listDays on Market96 days1979 SW Willow Pkwy, Gresham, OR 97080
- $474,900 Last Sold Price3 beds2 baths1,285 sq ft4122 SW Phyllis Ave, Gresham, OR 97080Ron Christian • LGI HomesList Price$474,900Sale to List0% over listDays on Market33 days4122 SW Phyllis Ave, Gresham, OR 97080
- $465,000 Last Sold Price2 beds1.5 baths1,161 sq ft2680 SE 1st St, Gresham, OR 97080Robert DeRienzo • OptList Price$475,000Sale to List2% under listDays on Market45 days2680 SE 1st St, Gresham, OR 97080
- $457,000 Last Sold Price3 beds2 baths1,424 sq ft1025 NE 24th St, Gresham, OR 97030Janelle Angel-Ramirez • Premiere Property Group, LLCList Price$449,500Sale to List2% over listDays on Market29 days1025 NE 24th St, Gresham, OR 97030
- $400,000 Last Sold Price3 beds2.5 baths1,600 sq ft623 SE 204th Pl, Gresham, OR 97030Felicha Fields • Knipe Realty ERA PoweredList Price$365,000Sale to List10% over listDays on Market31 days623 SE 204th Pl, Gresham, OR 97030
- $586,400 Last Sold Price4 beds3 baths2,350 sq ft6316 SE 22nd, Gresham, OR 97080Bonnie Zemanski • Lennar Sales CorpList Price$586,400Sale to List0% over listDays on Market56 days6316 SE 22nd, Gresham, OR 97080
- $492,400 Last Sold Price3 beds2 baths1,747 sq ft6137 SE 23rd, Gresham, OR 97080Bonnie Zemanski • Lennar Sales CorpList Price$492,400Sale to List0% over listDays on Market81 days6137 SE 23rd, Gresham, OR 97080
See all recently sold homes in Gresham.
See listings
Schools in Gresham
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Pleasant Valley Elementary School Public • K-6 | 360 Students | 5 reviews |
7/10 Troutdale Elementary School Public • K-5 | 384 Students | 6 reviews |
6/10 Sweetbriar Elementary School Public • K-5 | 300 Students | 8 reviews |
6/10 Hogan Cedars Elementary School Public • K-5 | 481 Students | 7 reviews |
6/10 East Gresham Elementary School Public • K-5 | 548 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.
Flood Factor - Minor
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Moderate
Heat Factor
Transportation in Gresham
Walk Score®
Transit Score®
Bike Score®
More real estate resources for Gresham
New Listings in Gresham
Neighborhood Housing Markets
Nearby City Housing Markets
Zip Code Housing Markets
Neighborhood Listings
Nearby City Listings
Zip Code Listings
About us
Find us
Subsidiaries
Copyright: © 2024 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.