Market Intelligence · OR / Multnomah County

Gresham, OR housing market

2 ZIP markets liveData updated August 2026Typical value$473K1-yr changeDown0.6%

The median home value in Gresham, OR is $473K as of August 2026, down 0.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Gresham, by the numbers.

Typical home valueZillow ZHVI, August 2026
$473K
1-yr changeMedian across Gresham ZIPs
-0.6%
ZIP markets live
2
County
Multnomah County

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12-month value trend

-0.6% over 12 months

Typical home value in Gresham over the last 12 months: $476K in Aug 2025 to $473K in Aug 2026 (-0.6%).

Aug 2025$476K

Aug 2026$473K

Median Zillow home value index across Gresham's ZIP codes.

Context

As of August 2026, Zillow's index pegs the typical Gresham home at $473,279, a 12-month move of -0.6%. On the listing side, Realtor.com counts 222 homes on the market, 96 newly listed, and a median asking price of $489,235 in August 2026. A typical listing takes 48 days to sell, and 30.1% of active homes have seen a price reduction. The read is a cooling market, where pricing to current data decides which homes actually sell.

The numbers

What is the housing market like in Gresham, OR?

Typical home value

$473K

Down0.6%YoY

Median list price

$489K

Days on market

48

Homes for sale

222

Price cuts

30.1%

New listings

96

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026)

Figures reflect Gresham's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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Live markets

What ZIP codes are live in Gresham?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of August 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, August 2026

Local pros

Who are the top real estate agents in Gresham?

Top real estate agents in Gresham, OR

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Nearby markets

More Oregon housing markets.

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