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Preforeclosure Homes in Gresham, OR

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Living in Gresham, OR

Gresham, Oregon is a beautifully located city that combines the perks of suburban life with easy access to urban amenities. The area offers a variety of parks, schools, and recreational activities. With close proximity to Portland and stunning natural sites, it is an attractive location for families and investors alike.

Current Market Conditions in Gresham, OR

The real estate market in Gresham has been steadily growing, with a notable increase in home values over the past year. This growth is driven by population influx and demands for housing options that are more affordable compared to Portland. Investors can find opportunities in both single-family homes and multi-unit properties.

Current trends indicate a strong demand for rental properties, particularly as more people move to Gresham looking for affordable living options. Vacancy rates remain low, suggesting a healthy rental market conducive to long-term investment.

Home Value Estimator For Gresham, OR

There are currently 24,709 real estate properties in Gresham, OR, with a median automated valuation model (AVM) price of $492,087.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gresham, OR, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Gresham, OR, is $525,881.00, with the most expensive house in Gresham, OR, topping out at $79,037,736.00 and the cheapest home in Gresham, OR, clocking in at $10,451.00. In other words, there’s something for every potential homebuyer or savvy investor in Gresham, OR!

Rent Prices In Gresham, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gresham, OR, is on a rollercoaster ride. The average rent price in Gresham, OR, is $1,371.00. Indeed, when looking to rent in Gresham, OR, you can expect to pay as little as $670.00 or as much as $4,100.00, with the average rent median estimated to be $1,370.00. The good news is that finding an affordable and desirable property to rent in Gresham, OR -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Gresham, OR Preforeclosure Homes


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