$465,000
- 4 bd
- 3 ba
- 2,641 sqft
579 NE Paloma Ave
Gresham, OR Housing Market
$462,189
0.5% 1-yrThe average Gresham, OR home value is $462,189, down 0.5% over the past year, and homes go to pending in around 25 days. (Updated on )
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.
Gresham Key Takeaways
Typical Home Values: $462,189
1-Year Value Change: -0.5%
(Data through September 30, 2026)
Gresham Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: 367 ()
New Listings: 111 ()
Median Sale to List Ratio: 1.000 ()
Median Sale Price: $475,667 ()
Median List Price: $490,000 ()
Percent of Sales Over List Price: 36.5% ()
Percent of Sales Under List Price: 40.1% ()
Median Days to Pending: 25 ()
(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.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Gresham
- NameMedian ZHVI
- Historic Southeast$421,673
- Central City$349,417
- Mount Hood$455,462
- Powell Valley$442,413
- Gresham Butte$571,426
- Northeast$336,965
- Northwest$466,073
- Hollybrook$443,656
- North Central$438,095
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Gresham Rental Market Trends
Average Rent: $1,601 ()
National Average Rent: $1,932 ()
Month-Over-Month Change: 0% ()
Year-Over-Year Change: -0.4% ()
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.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Gresham, OR?
The median home value in Gresham, OR is $462,189 as of September 2026. This represents a 0.1% increase compared to last month and a 0.5% decrease year-over-year.
How have home values changed in Gresham, OR?
Home values in Gresham, OR have increased by 0.1% month-over-month and 0.5% year-over-year.
How do home values in Gresham, OR compare to Multnomah County, Oregon, and the national average?
The median home value in Gresham, OR ($462,189) compares to: Multnomah County ($496,807), Oregon ($492,753), and the U.S. national median ($366,157).
