Housing in Gresham, OR

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$465,000

Median List Price

$489,900

Price Per Sq Ft

$263

Days on Market

38

Active Inventory

201

Months of Supply

2.5

Seller's market

Zillow Home Value

$457,669

ZHVI — January 2026

Zillow Rent Index

$1,593

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 5.4%List Price 1.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

30.4%

Off Market in 2 Weeks

32.4%

Sale-to-List Ratio

99.2%

Buyer's market

Sold Above Asking
30.4%
Under Contract in 2 Wks
32.4%
Listings with Price Drops
31.8%

Market Activity

Source: Redfin

Homes Sold

79

New Listings

81

Pending Sales

74

Homes Sold 12.2%New Listings 12.9%Pending 35.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$263

Median List $/SF

$274

Sale $/SF 1.9%List $/SF 4.2%Mar 24Jan 26

Gresham vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 100,000 - 250,000 residents. Gresham is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$440,000

Median Rent

$1,508

Total Housing Units

44,233

Vacancy Rate

4.9%

Owner Occupied

56.1%

Renter Occupied

43.9%

Median Property Tax

$4,041

per year

Monthly Cost (w/ Mortgage)

$1,791

Housing Types

Single Family
58.7%
Multi-Family
38.4%
Mobile Home
2.9%

The current median sale price in Gresham, OR is $465,000 according to Redfin data. Homes spend a median of 38 days on the market. 30.4% of homes sold above asking price. The market has 2.5 months of supply. The median price per square foot is $263. Zillow's observed rent index is $1,593/month. About 56.1% of housing units are owner-occupied. The median year homes were built is 1981. There are 44,233 total housing units.