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.