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City-owned Homes And Land in Gresham, OR

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Gresham, OR Foreclosures

Current Market Conditions in Gresham, OR as of September 2026?
Home values: -0.66% MoM; rent: +0.00% MoM.
How much do homes sell for in Gresham, OR?
The average home price is currently $546,445.
In Gresham, OR, how many homes are available?
There are currently 160 active home listings available in Gresham.
What’s the average rental cost in Gresham, OR?
The average rental price in Gresham is $1,372.
What is the most expensive home in Gresham?
The most expensive home sold in Gresham had a price of $127,524,160.
What is currently the cheapest priced home in Gresham, OR?
The cheapest home for sale in Gresham is priced at $10,437.

Living in Gresham, OR

Gresham, OR is a Portland-area market with transit access, established neighborhoods, and strong proximity to outdoor recreation, retail, and East County employment centers.

Buyer vs Seller Market in Gresham, OR

Median home value: $489,996 as of 2026-09-14.

Median rent: $1,370 as of 2026-09-14.

Home values: -0.66% MoM, +0.65% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Gresham, OR

There are currently 25,183 real estate properties in Gresham, OR, with a median automated valuation model (AVM) price of $489,996.00. 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 $546,445.00, with the most expensive house in Gresham, OR, topping out at $127,524,160.00 and the cheapest home in Gresham, OR, clocking in at $10,437.00. 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 $1,372.00. 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 City-owned Homes And Land

Gresham, OR
City-Owned Homes and Land Market

Listings  160
Area price range
$10,437 – $127,524,160
Avg market value
$546,445
Property types
Homes & Land
Sale method
Auction / Bid / RFP

In Gresham, OR, city-owned homes and land are sold by the municipality or a public land bank — often below the surrounding market, where home values typically range $10,437 to $127,524,160 (averaging about $546,445). Inventory can include vacant lots, tax-foreclosed homes, and surplus parcels offered through public auctions, sealed bids, or request-for-proposal programs.

  • Active inventory: 160 city-owned properties currently available in Gresham.
  • Below market: Municipal sales prioritize redevelopment over profit, so prices can fall under the ~$546,445 local average.
  • Buyer note: Listings may carry use restrictions or rehabilitation requirements — review the terms before you bid.
At-a-glance: Local avg value: $546,445 • Sold via auction, sealed bid, or RFP
City-owned availability and terms vary by municipality. Market values reflect recent local activity and may vary by neighborhood and property type.

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