Zip 97080 (Gresham, OR) Housing


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The housing market in Gresham, OR (zip code 97080) is doing well compared to the US median house value. The median house value in Gresham is $500,200 which is significantly higher than the US median of $338,100. Furthermore, Gresham is also experiencing a 1 year appreciation rate of 6.12% which is lower than the US rate of 8.27%. This indicates that the housing prices in Gresham are experiencing steady growth and this trend may continue into the future.

The median home cost in Gresham (zip 97080) is $500,200. Home appreciation the last 10 years has been 140.8%. Home Appreciation in Gresham (zip 97080) is up 12.2%.

Average Age of Homes
- The median age of Gresham (zip 97080) real estate is 31 years old
The Rental Market in Gresham (zip 97080)
- Renters make up 29.6% of the Gresham (zip 97080) population
- 0.9% of houses and apartments in Gresham (zip 97080), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingGresham, OregonUnited States
  16,892.0139,647,020.0
  3442
  $500,200$338,100
  12.2%16.6%
  53.0%57.0%
  140.8%101.1%
  $10.29$10.98
  $3,949$2,690
  70.2%57.4%
  3.1%11.2%
  26.6%31.4%
  Vacant Housing
  0.9%1.9%
  0.2%0.4%
  0.0%0.7%
  0.4%0.4%
  0.9%3.6%
  0.7%4.1%
  Value of Owner-Occupied Housing
  1.3%2.6%
  1.3%2.4%
  1.2%2.8%
  0.3%3.9%
  0.6%4.5%
  0.9%11.3%
  2.4%13.0%
  9.7%20.1%
  38.6%13.6%
  26.9%8.3%
  13.7%9.7%
  2.0%3.9%
  1.0%2.2%
  0.0%0.8%
  0.2%1.1%
  Housing Units by Year Structure Built
  0.2%0.2%
  17.8%13.6%
  17.8%13.6%
  22.2%13.6%
  17.4%13.2%
  26.3%14.8%
  22.2%13.6%
  1.9%10.0%
  1.3%4.7%
  3.2%12.2%
Commute