Gresham, OR Home Values & Market Trends
Real estate market trends reflect that there have been 962 transactions over the past year in Gresham. The median value for residential home transactions that occurred over the previous year is $460,934.49. The number of current listings in Gresham is 62, and the percentage of properties for sale in the city is 62.00%. Gresham, OR currently has 28 properties in foreclosure, 4 bank owned properties, 21 properties headed for auction, and 62 properties for sale.
Gresham, OR Real Estate Market Overview
Housing Market Summary for Gresham, OR
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $534K | $436.4K | -18.27% |
| Median Sold Price | $469.9K | $436.4K | -7.13% |
| Homes For Sale | 62 | 57 | -8.06% |
| Homes Sold | 541 | 569 | 5.18% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Gresham, OR
Browse Homes in Gresham, OR
Gresham home values range from $20,513 to $3,500,000. The median estimated value of a home in Gresham is $460,934.49. The median list price of a home is 517,500, and the total count of properties in the city is 21,391.
- Pre-ForeclosurePre-foreclosure homes account for 0.01% of all residential properties in Gresham, OR with 97080 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Gresham, OR; of those zips, the estimated home value for pre-foreclosure homes ranges from $535,000 in 97080 to the lowest home value of $181,152 in 97080.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Gresham, OR ranges from the highest value of $549,250 in 97030 to the lowest value of $305,000 in 97030. Bank owned homes and properties account for 0.02% of properties in Gresham, OR. There are 2 zips within Gresham, OR; 97030 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions97030 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Gresham, OR. Auction homes and other auction properties account for 0.10% of all properties in Gresham, OR. There are 2 zips within Gresham, OR; of those zips, the median estimated home value for homes going to auction ranges from $564,341 in 97080 to the lowest value of $198,920 in 97080.
Compare Nearby Cities
More Real Estate Resources for Gresham, OR
Guide for Gresham, OR
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