$1,795
- 1 bd
- 1 ba
- 598 sqft
492 NE 2nd St #113
Central City, OR Housing Market
$349,417
4.2% 1-yrThe average Central City, OR home value is $349,417, down 4.2% over the past year. (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.
Central City Key Takeaways
Typical Home Values: $349,417
1-Year Value Change: -4.2%
(Data through September 30, 2026)
Central City Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: 7 ()
New Listings: --
Median Sale to List Ratio: --
Median Sale Price: --
Median List Price: --
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.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Historic Southeast$421,673
- Northwest$466,073
- North Central$438,095
- Northeast$336,965
- Hollybrook$443,656
- Powell Valley$442,413
- Mount Hood$455,462
- Gresham Butte$571,426
- Centennial$430,010
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Central City Rental Market Trends
Average Rent: --
National Average Rent: $1,932 ()
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.
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 the most expensive neighborhoods in Gresham, OR?
The neighborhoods with the highest median home values in Gresham, OR include: Gresham Butte ($571,426), Southwest ($530,346), Pleasant Valley ($529,824), Kelly Creek ($513,241), Northwest ($466,073).
What are the most affordable neighborhoods in Gresham, OR?
The neighborhoods with the lowest median home values in Gresham, OR include: Northeast ($336,965), Central City ($349,417), Historic Southeast ($421,673), Centennial ($430,010), North Central ($438,095).
Which Gresham, OR neighborhoods have the fastest growing home values?
Neighborhoods with the highest year-over-year value growth in Gresham, OR include: Southwest (1.9%), Centennial (1.4%), Gresham Butte (1.1%), Hollybrook (0.9%).
