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Featured local agent — Gresham Park, GA
Sarah Mitchell
Compass Real Estate · Gresham Park, GA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Gresham Park, GA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$315,750median sale price
How is the Gresham Park, GA housing market right now?
The median home sale price in Gresham Park, GA is $315,750, down 3.3% year-over-year. Homes sell in an average of 77 days with 57 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Gresham Park a buyer's or seller's market?
Gresham Park, GA is currently a buyer's market, based on 5.7 months of supply and homes selling in about 77 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
77
Average pace
Active listings
57
5.7 months supply
Sale-to-list
97.5%
Below asking
What does the Gresham Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $315,750 |
| Median list price | $299,000 |
| Year-over-year price change | -3.3% |
| Average days on market | 77 days |
| Active inventory | 57 listings |
| Months of supply | 5.7 months |
| Sale-to-list price ratio | 97.5% |
| Median price per sq ft | $176/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 19 |
| Listings with a price cut | 33.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Gresham Park by property type?
How the Gresham Park, GA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $315,750 | $176/sq ft | 10 | 77 days |
| Townhouse | $285,000 | $178/sq ft | 1 | 12 days |
Source: Redfin · Updated monthly
The Gresham Park housing market is currently classified as a buyer's market with a median sale price of $315,750. Prices have fallen 3.3% compared to last year, with homes spending an average of 77 days on market, indicating 5.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.7x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Gresham Park
There are currently 57 homes listed for sale in Gresham Park, Georgia. The median listing price is $299K.
Active listings
57
Homes on market
Median list price
$299K
Avg. days on market
77
Days until sale
New this week
19
Newly listed
Who lives in Gresham Park?
Population
7,544
Median income
$70,101/yr
Median age
40.3 years
Owner-occupied
65.9%
College grads
31.6%
Avg commute
31.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Gresham Park?
Zillow home value
$258,141
Zillow rent index
$1,749/mo
Price-to-rent ratio
12.3x
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Gresham Park?
Gresham Park is a community of approximately 8K residents with a median age of 40.3 years.The median household income is $70,101, which represents a working-class community with solid middle-income opportunities. 31.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 65.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Gresham Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Gresham Park, GA?
Want a head-to-head view? Compare Gresham Park side-by-side with any other U.S. city using our market-comparison tool.
Is Gresham Park a good real estate investment market?
For investors evaluating Gresham Park, the price-to-rent ratio of 12.3x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 3.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Gresham Park's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Gresham Park's median home price.
Frequently asked questions
What is the average home price in Gresham Park?
The median home sale price in Gresham Park is $315,750, down 3.3% from last year.
How long do homes stay on market in Gresham Park?
Homes typically spend 77 days on market before going under contract.
What is the median income in Gresham Park?
The median household income is $70,101 per year.
Is Gresham Park a buyer's or seller's market?
With 5.7 months of supply, Gresham Park is currently a buyer's market.
What is the Zillow home value estimate for Gresham Park?
The Zillow Home Value Index (ZHVI) for Gresham Park is $258,141, representing the typical home value in the area.
How much does a single-family home cost in Gresham Park?
The median single-family home price in Gresham Park, GA is $315,750 (about $176 per square foot).
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