#697464552, Kristen Dozono, Listing Office: RE/MAX Equity Group
Gresham Housing Market Report March 2025•Multnomah County, Oregon
Housing Prices in Gresham, OR
How much do homes in Gresham, OR cost?
Housing Market Conditions
Is Gresham, OR a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Gresham is a Seller's Market
Difference Since March 2024
Since last year, Gresham has remained a Seller's Market.
Gresham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Gresham have sold for 2% more than they did a year ago.
Summary: The median home sold price in Gresham was $484,581 in March 2025, up 2% from last year, and the median price per square foot was $271.
Median Sold Price By Cities
City | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
Wood Village | $376K | $409K | +8.8% |
Troutdale | $465K | $505K | +8.6% |
Gresham | $475K | $484.5K | +2.0% |
Fairview | $450K | $455K | +1.1% |
Portland East | $496.3K | $495.9K | -0.1% |
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $183.8K | $173.4K | -5.6% |
22 Bedrooms | $290K | $275K | -5.2% |
33 Bedrooms | $449.5K | $460.4K | +2.4% |
44 Bedrooms | $530K | $547.9K | +3.4% |
55+ Bedrooms | $550K | $580.4K | +5.5% |
Summary: Gresham housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -5.6%. The home price for 2 bedroom homes decreased by -5.2%. The home price for 3 bedroom homes increased by +2.4%. The home price for 4 bedroom homes increased by +3.4%. The home price for 5 bedroom homes increased by +5.5%.
How does Gresham, OR compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Gresham, OR
Housing supply in Gresham, OR
How many homes are available in Gresham, OR?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
314Last MonthMar 2025 | ||
2562 months agoFeb 2025 | +22.7 % Change MoMFeb – Mar |
Summary: The Gresham real estate market had 314 homes for sale in Mar 2025, a 22.7 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
55Last MonthMar 2025 | ||
442 months agoFeb 2025 | +25.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 4 | 5 | +25.0% |
22 Bedrooms | 40 | 46 | +15.0% |
33 Bedrooms | 132 | 169 | +28.0% |
44 Bedrooms | 61 | 73 | +19.7% |
55+ Bedrooms | 19 | 21 | +10.5% |
Summary: Gresham housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +25.0%. The inventory for 2 bedroom homes increased by +15.0%. The inventory for 3 bedroom homes increased by +28.0%. The inventory for 4 bedroom homes increased by +19.7%. The inventory for 5 bedroom homes increased by +10.5%.
Asking Price vs. Sold Price
How much do homes in Gresham, OR cost?
Over Asking Price23 Homes
At Asking Price18 Homes
Under Asking Price14 Homes
If you're buying a home in Gresham, you could pay more than the asking price. 41.8% of homes here sold above asking price last month.
Summary: A total of 55 homes were sold or pending in Gresham in March 2025, up by 25.0% month-over-month. Of the 55 sold homes, 25% were sold under asking, 33% were sold at asking, and and 42% were sold over asking.
Days on Market for Gresham, OR
How long does it take to sell a home in Gresham, OR?
Breakdown of Home Sale Times
Under 30 Days23 Homes
30 – 90 Days16 Homes
Over 90 Days16 Homes
Many homes in Gresham are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 55 homes were sold in Gresham; 42% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
78 DaysThis YearMar 2025 | ||
45 Days1 year agoMar 2024 | +72.7 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Gresham had an average listing age of 78 days in Mar 2025, up by 72.7% compared to the previous year.
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Newest Listings in Gresham, OR
What homes are available in Gresham, OR?
Nearby markets
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MLS Disclaimers and Copyright
Based on information from Regional Multiple Listing Service, and Northwest Multiple Listing Service for the period 04/01/2023 - 04/01/2025

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 6:17:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.