Gresham, OR has a housing median value of $423,700, which is significantly higher than the US House Median Value of $338,100. Additionally, the US 1 year house appreciation was 8.27%, while Gresham saw only 5.10% appreciation over the same time period. This information suggests that Gresham is an area with high demand for housing and prices have appreciated at a slower rate than other areas in the US.
The median home cost in Gresham is $423,700. Home appreciation the last 10 years has been 136.0%. Home Appreciation in Gresham is up 11.0%.
Average Age of Homes
- The median age of Gresham real estate is 37 years old
The Rental Market in Gresham
- Renters make up 45.4% of the Gresham population
- 2.3% of houses and apartments in Gresham, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.