Gresham, OR Foreclosures
How much do homes sell for in Gresham, OR?
The average home price is currently $512,934.
In Gresham, OR, how many homes are available?
There are currently 1 active home listings available in Gresham.
What’s the average rental cost in Gresham, OR?
The average rental price in Gresham is $1,371.
What is the most expensive home in Gresham?
The most expensive home sold in Gresham had a price of $77,223,088.
What is currently the cheapest priced home in Gresham, OR?
The cheapest home for sale in Gresham is priced at $10,281.
Living in Gresham, OR
Gresham, OR is a dynamic city just outside Portland, offering a blend of suburban charm and urban convenience. With great schools, a thriving community life, and access to nature, it caters to families, young professionals, and outdoor enthusiasts. Its expanding downtown district offers a variety of shopping and dining options, making it a desirable place to live.
Current Market Conditions in Gresham, OR
Gresham's real estate market remains strong, with steady demand from buyers drawn to its affordability compared to Portland. The market has shown resilience, with home prices increasing, though still more accessible than neighboring areas. The variety of housing options, from single-family homes to condos, accommodates various buyer needs.
Rental properties are also experiencing increased interest due to individuals seeking affordable living outside of city limits, contributing to a rapidly growing rental market.
Overall, Gresham's market conditions indicate a balanced approach to housing demand, with new developments and increased investments in community infrastructure.
Home Value Estimator For Gresham, OR
There are currently 24,739 real estate properties
in Gresham, OR,
with a median automated valuation model (AVM) price
of $479,724.00. 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 $512,934.00, with the most expensive house
in Gresham, OR, topping out
at $77,223,088.00 and the cheapest home
in Gresham, OR,
clocking in at $10,281.00. 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.
Learn more on Foreclosure homes
