Photo: SkatePark in Main City Park, Gresham, Oregon.jpg · CC BY 4.01,083 homes sold in Gresham in the last year, at a typical $466K
About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Gresham homes are listed.
Every place Gresham homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Gresham.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
7% of Gresham’s sales are condos, at $275K less than a house
812 houses and 80 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 812 sold in 12 months
- Per square foot
- $277OR $296
- Days to sell
- 29
- Sold over asking
- 33%
- Listings with a price cut
- 31%
typical sale · 80 sold in 12 months
- Per square foot
- $217OR $316
- Days to sell
- 70
- Sold over asking
- 23%
- Listings with a price cut
- 33%
Multi-family (2–4 units): 18 sold, typical $565K
Townhouses: 173 sold, typical $406K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 1.7 times the 2016 price
1,083 sales in the last year, against 1,644 in 2015 and a low of 988 in 2012. The typical sale went from $280K in 2016 to $466K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $450K buys in Gresham
Check a listing against what Gresham homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Gresham are rarer than before the pandemic, and more homes are for sale
We read every month of Gresham’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 1,083 sales.
If you’re buying in Gresham
- Shop in August. It brings about 160 new listings a month, close to the busiest month, with fewer bidding wars (44% over asking).
- Some room to negotiate. 32% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 99.5% of the list price on average; 30% paid over.
- You’ll usually have time. Only 33% of homes go under contract within two weeks; the typical one takes 33 days.
Summer brings both the most homes and the most bidding wars
July has the most new listings (about 167 a month), but June is the most competitive: 53% of June sales close over asking. January has the least competition (38%) but only about 89 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Oregon
| Gresham now | 2017–19 | 2021 peak | OR now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 30% | 43% | 65% | 24% |
| Gone within two weeksShare of homes under contract within 14 days | 33% | 47% | 68% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 32% | 32% | 29% | 30% |
| Price paid vs. askingAverage sale price ÷ list price | 99.5% | 100.2% | 102.7% | 98.8% |
| Days to sellMedian days from listing to contract | 33 | 20 | 8 | 46 |
266 homes for sale on a typical day
That’s 2.7 times the 2021 low (100) and 30% more than in 2017–19.
1 in 3 listings has cut its price
32% in the last year, against 32% in 2017–19 and 30% across Oregon.
Since 2019, houses are up 38%, condos 16%
A house typically sold for $493K in the last year (812 sales), a condo for $219K (80).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Gresham ranks 24th of 109 busy Oregon markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Gresham is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Gresham home costs about $2,785 a month
Price: Gresham’s typical sale, last 12 months. Property tax at Gresham’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Gresham is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. December has the fewest, about 59.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $466K home, about $4,240 a year.
Taxes vs. neighborsSchools
The schools grade for Gresham, from test results, graduation and how much students grow.
Schools in GreshamCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot
The busier markets within 25 miles of Gresham, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Gresham | 1,083 | $466K | $265 | 30% | 33 |
| Camas | 535 | $827K | $325 | 23% | 54 |
| Happy Valley | 461 | $686K | $277 | 21% | 59 |
| Washougal | 268 | $641K | $291 | 25% | 40 |
| Troutdale | 135 | $490K | $294 | 32% | 21 |
| Damascus | 105 | $678K | $289 | 25% | 43 |
| Fairview | 60 | $471K | $276 | 32% | 45 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Gresham, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Gresham. People who follow the town see it, and so do people comparing Gresham with their own town. No commission, no listing fee.
Questions about buying a home in Gresham
What do homes sell for in Gresham, OR?
1,083 homes sold in the year to May 2026 at a typical $466K, $265 a square foot. Houses sold for about $493K, condos for about $219K.
Is Gresham a buyer’s or seller’s market?
A seller’s market: 259 homes were for sale in May 2026 and 93 sold, about 2.8 months of supply. Buyers paid 99.5% of asking on average, and 32% of listings cut their price.
When is the best time to buy in Gresham?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Gresham?
About 0.9% of a home’s value a year. On a $466K home that’s near $4,240.
Where can I see homes for sale in Gresham?
Zillow, Redfin, Realtor.com and Homes.com all carry Gresham’s MLS listings; the search links above open each one filtered to Gresham.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).