Market Intelligence · OR / Gresham

Gresham, OR 97080 Housing Market

The typical home value in Gresham, OR 97080 is $519,437, down 0.1% over the past year. The median list price stands at $555,995, with homes typically spending 39 days on market.

Updated August 2026Median value$514K

The median home value in Gresham, OR 97080 is $514K as of August 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

$473K to $555K

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: $514K in Aug 2025 to $514K in Aug 2026 (-0.0%).

Aug 2025$514K

Aug 2026$514K

The numbers

What is the 97080 housing market like?

Typical home value

$514K

Flat0.0%YoY

Median list price

$556K

Down2.7%MoM

Days on market

39

Down23.5%MoM

Homes for sale

143

Up16.3%MoM

Price cuts

26.2%

Up14.7%MoM

New listings

72

Down21.7%MoM

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

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The comparison

How do 97080 home prices compare?

  • 97080$513,925
  • Gresham$473,279
  • Oregon$458,140
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Gresham: 2 ZIPs; Oregon: 339 ZIPs; United States: 26,265 ZIPs).

Context

There are 143 homes for sale in 97080 as of August 2026, with 72 new listings recently added to the market. The median days on market of 39 suggests a moderate pace of activity. About 26.2% of listings have seen a price cut, reflecting competitive conditions. Inventory levels and pricing pressure suggest this is a buyer-favoring environment, so sellers should be realistic about their home's value and prepared for negotiation.

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