Market Intelligence · OR / Gresham

Gresham, OR 97080 Housing Market

The typical home value in Gresham, 97080 is $511,451 and has remained flat over the past year. The median list price sits at $549,500, with homes typically spending 46 days on market as of September 2026.

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. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with 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

Sep 2025$512K

Low $510KHigh $514K

Sep 2026$511K

The numbers

What is the 97080 housing market like?

As of September 2026

Typical home value

$511K

0.0%YoY

Median list price

$550K

1.2%MoM

Days on market

17.9%MoM

Homes for sale

156

9.1%MoM

Price cuts

24.7%

5.7%MoM

New listings

27.8%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

Gresham's inventory includes 156 homes for sale, with 52 new listings added in September 2026. Nearly a quarter of current listings, at 24.7%, have already seen price reductions. The median time on market of 46 days suggests a measured pace of sales activity. For sellers, the flat year-over-year value trend combined with price cuts on nearly one in four listings indicates a buyer-leaning environment where pricing strategy matters.

Monthly payment

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Home price

Down payment20% · $102,290

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Common questions

What people ask us.

What is the typical home value in Gresham, 97080?

The typical home value is $511,451 as of September 2026, unchanged from the prior year.

How many homes are currently for sale in 97080?

There are 156 homes for sale as of September 2026, with 52 new listings added that month.

How long do homes typically stay on market in Gresham?

The median days on market is 46 as of September 2026.

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