Market Intelligence · OR / Gresham

Gresham, OR 97080 Housing Market

The typical home in Gresham, OR 97080 is worth $513,925, up 0.0% over the past year as of August 2026, so values have stayed essentially flat. As of September 2026, the median list price was $549,500 and homes spent a median of 46 days on market.

Updated September 2026Median value$511K

The median home value in Gresham, OR 97080 is $511K as of September 2026, little changed 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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Typical 97080 range

$471K to $552K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.0% over 12 months

Typical home value in 97080 over the last 12 months: $512K in Sep 2025 to $511K in Sep 2026 (-0.0%).

Sep 2025$512K

Sep 2026$511K

The numbers

What is the 97080 housing market like?

Typical home value

$511K

Flat0.0%YoY

Median list price

$550K

Down1.2%MoM

Days on market

46

Up17.9%MoM

Homes for sale

156

Up9.1%MoM

Price cuts

24.7%

Down5.7%MoM

New listings

52

Down27.8%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

97080 housing market forecast 2027

-0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 97080 to stay roughly flat by September 2027 (down 0.2%).

Over the 12 months through September 2026, typical home values in 97080 held essentially flat, per the Zillow Home Value Index.

Will home prices drop in 97080?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 97080 to stay roughly flat by September 2027 (down 0.2%), after a flat past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 97080 home prices compare?

  • 97080$511,451
  • Gresham$470,747
  • Oregon$456,438
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Gresham: 2 ZIPs; Oregon: 339 ZIPs; United States: 26,262 ZIPs).

Context

The 97080 market in Gresham is moving at a measured pace. As of September 2026, there were 156 homes for sale and 52 new listings came on that month. The median list price sat at $549,500, above the typical home value of $513,925 recorded in August 2026. Homes took a median of 46 days to go under contract, and 24.7% of listings had a price cut. With values flat over the past year, sellers should price carefully from the start rather than counting on appreciation to catch up.

Monthly payment

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20% · $102,290

Common questions

What people ask us.

How much is a home in 97080 worth?

The typical home value in 97080 was $513,925 as of August 2026, up 0.0% over the past year, meaning values held flat.

How long does it take to sell a home in 97080?

Homes in 97080 spent a median of 46 days on market as of September 2026.

Are sellers in 97080 cutting prices?

As of September 2026, 24.7% of listings in 97080 had a price cut, with 156 homes for sale and a median list price of $549,500.

Discover

Nearby ZIP markets.

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Guides for sellers.