Gresham, OR Housing Market & Real Estate

Balanced market

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Gresham, OR is $460,000. Homes sell in an average of 68 days with 202 active listings. The market is currently a balanced market.

$460,000median sale price

Is Gresham a buyer's or seller's market?

Balanced market3.1 months of supply68 avg. days on market

Gresham, OR is currently a balanced market, based on 3.1 months of supply and homes selling in about 68 days. How we determine this →

Homes sold

65

Last 12 weeks

Days on market

68

Average pace

Active listings

202

3.1 months supply

Sale-to-list

99.4%

Below asking

Gresham, OR market data

Current housing market statistics for Gresham, OR
MetricValue
Median sale price$460,000
Median list price$479,000
Average days on market68 days
Active inventory202 listings
Months of supply3.1 months
Sale-to-list price ratio99.4%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Gresham housing market is currently classified as a balanced market with a median sale price of $460,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 68 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Gresham

There are currently 202 homes listed for sale in Gresham, Oregon. The median listing price is $479K. Featured listings range from $239,900 to $725,000.

3 bedroom condo for sale at 4606 W Powell Blvd Unit 162 Gresham 97030 - $239,900
New listing
42
$239,900

4606 W Powell Blvd Unit 162

Gresham, OR 97030

3 bd2 ba1,237 sqft
Condo
Est. $257KSold 2011 for $90K

Bill Bailey · RE/MAX Advantage Group

More about this property
4 bedroom townhouse for sale at 3729 SW Knapp Dr Gresham 97080 - $484,999
New listingNew build
14
$484,999

3729 SW Knapp Dr

Gresham, OR 97080

4 bd3 ba1,971 sqft
Townhouse
Est. $481K
More about this property
4 bedroom house for sale at 3582 SW Battaglia Ave Gresham 97080 - $525,995
New listingNew build
2
$525,995

3582 SW Battaglia Ave

Gresham, OR 97080

4 bd3 ba1,897 sqft
House
More about this property
3 bedroom house for sale at 3687 SW 40th St Gresham 97080 - $528,999
New listingNew build
8
$528,999

3687 SW 40th St

Gresham, OR 97080

3 bd3 ba1,652 sqft
House
Est. $521K
More about this property
5 bedroom house for sale at 3504 SW Binford Ave Gresham 97080 - $567,995
New listingNew build
31
$567,995

3504 SW Binford Ave

Gresham, OR 97080

5 bd3 ba2,042 sqft
House
More about this property
3 bedroom house for sale at 3702 SW 38th St Gresham 97080 - $593,999
New listingNew build
10
$593,999

3702 SW 38th St

Gresham, OR 97080

3 bd3 ba1,861 sqft
House
Est. $580K
More about this property
3 bedroom house for sale at 3607 SW 37th St Gresham 97080 - $602,999
New listingNew build
$602,999

3607 SW 37th St

Gresham, OR 97080

3 bd2 ba1,661 sqft
House
More about this property
3 bedroom house for sale at 3610 SW 37th St Gresham 97080 - $617,999
New listingNew build
$617,999

3610 SW 37th St

Gresham, OR 97080

3 bd2 ba1,807 sqft
House
More about this property
4 bedroom house for sale at 3635 SW 37th St Gresham 97080 - $642,999
New listingNew build
15
$642,999

3635 SW 37th St

Gresham, OR 97080

4 bd3 ba2,445 sqft
House
Est. $637K
More about this property
4 bedroom house for sale at 3593 SW 37th St Gresham 97080 - $649,999
New listingNew build
13
$649,999

3593 SW 37th St

Gresham, OR 97080

4 bd3 ba2,537 sqft
House
More about this property
5 bedroom house for sale at 3650 SW 37th St Gresham 97080 - $702,999
New listingNew build
8
$702,999

3650 SW 37th St

Gresham, OR 97080

5 bd3 ba2,619 sqft
House
Est. $685K
More about this property
8 bedroom multi-family for sale at 1267 NE 183rd Ave Gresham 97230 - $725,000
New listing
34
$725,000

1267 NE 183rd Ave

Gresham, OR 97230

8 bd4 ba
Multi-family14,375 sqft lot
Est. $661KSold 1992 for $165K

Bev Blume · Keller Williams Realty Portland Elite

More about this property

Looking to buy in Gresham?

Get connected with a local real estate expert — free, no obligation.

Active listings

202

Homes on market

Median list price

$479K

Avg. days on market

68

Days until sale

New this week

105

Newly listed

Price drops:33.2%of listings
Sale-to-list:99.4%

Top public schools in Gresham

23 schools tracked · 13,338 students

The largest public schools serving Gresham, OR by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Centennial High School

Grades 9-12 · 1,731 students

Public

Gresham High School

Grades 9-12 · 1,698 students

Public

Sam Barlow High School

Grades 9-12 · 1,638 students

Public

Metro East Web Academy

Grades K-12 · 717 students

Charter

Clear Creek Middle School

Grades 6-8 · 642 students

Public

Gordon Russell Middle School

Grades 6-8 · 635 students

Public

East Gresham Elementary School

Grades K-5 · 563 students

Public

North Gresham Elementary School

Grades K-5 · 560 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in OR

Frequently asked questions

What is the average home price in Gresham?

The median home sale price in Gresham is $460,000, down 0.0% from last year.

How long do homes stay on market in Gresham?

Homes typically spend 68 days on market before going under contract.

Is Gresham a buyer's or seller's market?

With 3.1 months of supply, Gresham is currently a balanced market.

How many homes are for sale in Gresham?

There are currently 202 homes listed for sale in Gresham, OR.

Pre-launch · for real estate professionals

Reserve a slot on this page

Get your brokerage in front of buyers actively shopping this city on the Gresham, OR market page when featured listings launch in the next 1-2 weeks. One brokerage slot per page, billed monthly once live.

$100 / month

Reserve slot

Get Gresham market alerts

Weekly updates on prices, inventory, and trends. Free forever.