What are the most expensive neighborhoods in Gresham, OR?

The neighborhoods with the highest median home values in Gresham, OR include: Gresham Butte ($585,094), Southwest ($541,639), Pleasant Valley ($537,412), Kelly Creek ($523,809), Northwest ($476,640).

What are the most affordable neighborhoods in Gresham, OR?

The neighborhoods with the lowest median home values in Gresham, OR include: Northeast ($344,310), Central City ($362,167), Historic Southeast ($433,610), Centennial ($440,480), North Central ($449,450).

Which Gresham, OR neighborhoods have the fastest growing home values?

Neighborhoods with the highest year-over-year value growth in Gresham, OR include: Southwest (2.3%), Centennial (1.5%), Gresham Butte (1.1%), Hollybrook (0.6%).

Powell Valley, OR Housing Market

$455,483

2.8% 1-yr

The average Powell Valley, OR home value is $455,483, down 2.8% over the past year. (Updated on 7/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Powell Valley Key Takeaways

Typical Home Values: $455,483

1-Year Value Change: -2.8%

(Data through July 31, 2026)

Powell Valley Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 24 (July 31, 2026)

New Listings: 10 (July 31, 2026)

Median Sale to List Ratio: --

Median Sale Price: --

Median List Price: $468,317 (July 31, 2026)

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: --

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Northeast$343,482
Mount Hood$464,567
Historic Southeast$428,913
Kelly Creek$521,270
Central City$359,256
North Central$446,653
Gresham Butte$579,549
Northwest$473,613
Hollybrook$451,350

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Powell Valley Homes for Sale

$310,000

3 bd2 ba1,352 sqft

900 NE Francis Ave Unit 32

$549,000

4 bd3 ba2,329 sqft

3820 SE El Camino Dr

View Powell Valley listings

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An equal housing lender. NMLS #10287.

Powell Valley Rental Market Trends

Average Rent: --

National Average Rent: $1,962 (July 31, 2026)

Month-Over-Month Change: --

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.