House Prices

House Prices & Home Values Gresham, OR 2026


Average Data

average house price$388,144
average size per house1797 ft²
average price per ft²217 $ / ft²

06/27/2026 - The value range (VR) for house prices in Gresham, OR is $213/ sqft to $214/ sqft. An average home with 1797 sqft costs approximately $382,761 to $384,558. Gresham, OR includes 2 ZIP codes and it is located in Multnomah county. The lowest prices are found in ZIP 97030, while the highest are in ZIP 97080. The average price per sqare feet is $217. Our analysis is based on 32 property listings.

Avergage prices by ZIP codes Gresham

97030212 $ / ft²
97080234 $ / ft²




Historical development of home values in Gresham

Year Estimated value (USD) Change vs. 2025
2010 $180,261 -53.6%
2011 $173,290 -55.4%
2012 $172,824 -55.5%
2013 $179,284 -53.8%
2014 $188,198 -51.5%
2015 $197,857 -49.0%
2016 $208,183 -46.4%
2017 $219,419 -43.5%
2018 $231,550 -40.3%
2019 $242,287 -37.6%
2020 $254,812 -34.4%
2021 $289,821 -25.3%
2022 $337,866 -13.0%
2023 $356,295 -8.2%
2024 $376,908 -2.9%
2025 $388,144 0.0%

Graph: estimated home values in Gresham over time (USD)



Example: 100% financing house in Gresham

Loan amount: $388,144

Interest rate: 6.00%

Fixed monthly payment: $2,327.12

Breakdown in the 1st month:
Interest portion: $1,940.72  –  Principal portion: $386.40

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $23,158.98 $4,766.45 $383,377.55
2 $22,864.99 $5,060.44 $378,317.11
3 $22,552.88 $5,372.55 $372,944.55
4 $22,221.51 $5,703.92 $367,240.63
5 $21,869.70 $6,055.73 $361,184.90
6 $21,496.20 $6,429.23 $354,755.67
7 $21,099.66 $6,825.77 $347,929.90
8 $20,678.66 $7,246.77 $340,683.13
9 $20,231.70 $7,693.74 $332,989.39
10 $19,757.16 $8,168.27 $324,821.12
11 $19,253.36 $8,672.07 $316,149.05
12 $18,718.49 $9,206.94 $306,942.11
13 $18,150.62 $9,774.81 $297,167.30
14 $17,547.73 $10,377.70 $286,789.60
15 $16,907.66 $11,017.77 $275,771.83
16 $16,228.11 $11,697.32 $264,074.50
17 $15,506.64 $12,418.79 $251,655.71
18 $14,740.68 $13,184.75 $238,470.96
19 $13,927.47 $13,997.96 $224,473.00
20 $13,064.11 $14,861.32 $209,611.68
21 $12,147.50 $15,777.94 $193,833.74
22 $11,174.35 $16,751.09 $177,082.66
23 $10,141.18 $17,784.26 $159,298.40
24 $9,044.28 $18,881.15 $140,417.25
25 $7,879.74 $20,045.70 $120,371.56
26 $6,643.36 $21,282.07 $99,089.48
27 $5,330.73 $22,594.70 $76,494.78
28 $3,937.14 $23,988.30 $52,506.48
29 $2,457.59 $25,467.84 $27,038.64
30 $886.79 $27,038.64 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Gresham, OR


1500 sqft3900 sqft
Ø selling price$393,856$837,838
Ø fast selling$358,050$754,054
Ø high price sale$429,661$921,621

In 2026, houses in Gresham, OR will be offered at an average price of $217 per square foot. A 1,500 sqft home priced at $393,856 is 22.84% more expensive per square foot than a 3,900 sqft home priced at $837,838. Home prices in Gresham, OR vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $580,041. Sellers who can wait longer may achieve a higher price of up to $708,939.


Discover Gresham, OR

Overview

Located just east of Portland, Gresham, OR blends small-city charm with easy urban access.

This growing community features a walkable historic Downtown Gresham, tree-lined streets, and a welcoming Pacific Northwest vibe.


Outdoors and Nature

Outdoor lovers thrive in Gresham, Oregon with the Springwater Corridor Trail, Main City Park, and nearby Powell Butte offering miles of scenic paths.

Day trips to Mount Hood and the Columbia River Gorge put hiking, skiing, and waterfalls within effortless reach.


Arts, Culture, and Events

Downtown Gresham?s Center for the Arts Plaza hosts concerts, markets, and community gatherings throughout the year.

Local traditions like the Gresham Farmers? Market and the beloved Teddy Bear Parade showcase the city?s creative, family-friendly spirit.


Transportation and Access

Gresham, OR is connected by TriMet?s MAX Blue Line light rail, frequent bus routes, and quick links to I-84 and U.S. 26.

Commuters and visitors appreciate the straightforward access to downtown Portland and proximity to Portland International Airport (PDX).


Living, Economy, and Education

The local economy mixes small businesses, healthcare, and light industry, anchored by institutions like Mt. Hood Community College and Legacy Mount Hood Medical Center.

From revitalized districts and diverse dining to parks and breweries, living in Gresham, Oregon offers value, convenience, and authentic Northwest flavor.



FAQ – Home Values in Gresham

What is the median home value in Gresham in 2026?

In 2026, the typical home value in Gresham is about $388,144 for an average home size of 1797 square feet. This corresponds to an average price of roughly $217 per square foot.

What is the average cost per square foot in Gresham?

In 2026, homes in Gresham sell for an average of around $217 per square foot, with a typical range between $213 and $214 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Gresham is about 1797 square feet, with an estimated 2026 value around $388,144.



Locations close to Gresham, OR

Happy Valley, OR276 $ / ft²
Damascus, OR257 $ / ft²
Amity, OR204 $ / ft²
Woodburn, OR225 $ / ft²
Wilsonville, OR258 $ / ft²
West Linn, OR228 $ / ft²




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