Gresham, OR Housing Market
The Gresham housing market is very competitive. Homes in Gresham receive 3 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 15 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 about 1% above list price and go pending in around 14 days.
- Hot homescan sell for about 4% 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
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 21 days.
- Hot homescan sell for about 1% above list price and go pending in around 6 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|7 Weeks Ago~$375K OfferSold for $425K3 bd | 2.5 ba | ~1,500 sqftOver List Price0%Days on Market2Competing Offers3Down Payment~50%
- Offer Not Accepted|12 Weeks Ago~$200K OfferSold for $300K3 bd | 2.5 ba | ~2,500 sqftOver List Price2%Days on Market8Competing Offers>25Down Payment—
- Offer Not Accepted|12 Weeks Ago~$225K OfferSold for $300K3 bd | 2.5 ba | ~2,500 sqftOver List Price12%Days on Market8Competing Offers10Down Payment—
View houses in Gresham that sold recently
Recently sold homes
- $600,000 Last Sold Price3 beds2.5 baths1,993 sq ft249 SE 46th Dr, Gresham, OR 97080Brian Fulsher • Mal & SeitzList Price$599,999Sale to List0% over listDays on Market19 days249 SE 46th Dr, Gresham, OR 97080
- $764,900 Last Sold Price4 beds3 baths2,525 sq ft609 NW Norman Ave, Gresham, OR 97030Berenice Green • Builders Marketing GroupList Price$749,900Sale to List2% over listDays on Market78 days609 NW Norman Ave, Gresham, OR 97030
- $450,000 Last Sold Price3 beds2 baths1,072 sq ft602 SE 168th Ave, Portland, OR 97233Dorianth Franco • Coldwell Banker BainList Price$429,900Sale to List5% over listDays on Market36 days602 SE 168th Ave, Portland, OR 97233
- $540,000 Last Sold Price4 beds2 baths1,942 sq ft4227 SW Rodlun Rd, Gresham, OR 97080Lisa Lancaster • HomeSmart Realty GroupList Price$562,900Sale to List4% under listDays on Market35 days4227 SW Rodlun Rd, Gresham, OR 97080
- $500,000 Last Sold Price3 beds2 baths1,615 sq ft2105 SW 19th St, Gresham, OR 97080Andrey Kolesnikov • eXp Realty, LLCList Price$485,000Sale to List3% over listDays on Market43 days2105 SW 19th St, Gresham, OR 97080
- $429,950 Last Sold Price3 beds2 baths1,184 sq ft1801 SE Cedar Creek Pl, Gresham, OR 97080Ben Andrews • Keller Williams PDX CentralList Price$429,950Sale to List0% over listDays on Market63 days1801 SE Cedar Creek Pl, Gresham, OR 97080
- $335,000 Last Sold Price2 beds2.5 baths1,295 sq ft1055 NE 5th St, Gresham, OR 97030Chrissy Hamlin • Harcourts Real Estate Network GroupList Price$335,000Sale to List0% over listDays on Market70 days1055 NE 5th St, Gresham, OR 97030
- $485,500 Last Sold Price4 beds3 baths2,172 sq ft1185 NE 26th St, Gresham, OR 97030Linda Meade • Wayne Lindquist & Associates LLCList Price$509,000Sale to List5% under listDays on Market81 days1185 NE 26th St, Gresham, OR 97030
See all recently sold homes in Gresham.
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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.
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Fire Factor - Moderate
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Wind Factor - Minimal
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Heat Factor - Moderate
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Transportation in Gresham
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Bike Score®
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