Gresham is a substantial city of about 112,000 people in Oregon, with a price point above the national middle.
| State | Oregon |
|---|---|
| Population | 112,000 |
| Median home value | $430,000 |
| Active listings | 267 |
| Median across Oregon communities we track | $420,000 |
The Gresham housing market
At $430,000, the median home value tracks closely with the median across the 8 Oregon communities we cover — this is a mid-market address for the state.
Roughly 267 active listings at last count, which gives buyers genuine room to compare and to negotiate on properties that have been sitting.
Search homes in Gresham
Current listings for Gresham are maintained on the following sites:
- Homes for sale in Gresham — greshamhomesforsale.com
- Luxury homes for sale in Gresham — greshamluxuryhomes.com
These are external sites operated independently of 1PropertyHub. We do not control their listings, pricing, or availability, and we are not a party to any transaction arising from them.
Buying in Gresham
At this level, the appraisal is worth watching. Contract prices in appreciating submarkets regularly run ahead of the closed sales an appraiser has to work from.
Before you make an offer, work out what the monthly payment actually looks like at this price level. Our mortgage calculator includes property tax, insurance, and mortgage insurance rather than just principal and interest, and the affordability calculator solves backwards from your income to a purchase price a lender would support. If you are weighing a purchase against continuing to rent, the rent vs buy calculator accounts for transaction costs on both ends.
Investing in Gresham
For rental investors, the questions here are rent-to-price ratio, the property tax burden, insurance cost, and the depth of the tenant pool at this population size. Underwrite with honest vacancy, management, maintenance, and capital reserves rather than rent minus mortgage — see our cash flow calculator and the rental underwriting guide. Verify short-term rental rules with the municipality before assuming any STR strategy will be permitted.
Nearby communities in Oregon
Frequently asked questions
What is the median home value in Gresham, OR?
The median home value in Gresham is approximately $430,000. At $430,000, the median home value tracks closely with the median across the 8 Oregon communities we cover — this is a mid-market address for the state. Values move with the market and vary widely by neighborhood, condition, and lot — treat this as a starting point and verify against recent closed sales before pricing an offer.
How many homes are for sale in Gresham?
There were roughly 267 active listings at last count. Roughly 267 active listings at last count, which gives buyers genuine room to compare and to negotiate on properties that have been sitting. For current inventory, see Homes for sale in Gresham, Luxury homes for sale in Gresham.
What should I know before buying in Gresham?
At this level, the appraisal is worth watching. Contract prices in appreciating submarkets regularly run ahead of the closed sales an appraiser has to work from. Beyond the property itself, confirm the property tax rate and any exemptions with the county assessor, and get an insurance quote before you are under contract — both vary far more by location than buyers expect. Our Oregon state guide covers closing practice and property law.