Is Gresham, OR 97030 a buyer’s or seller’s market?
Gresham is a seller’s market. With about 2.6 months of supply and 30% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 73% of U.S. ZIP codes, and #30 of 170 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Gresham housing market right now
In the three months ending August 31, 2026, 30% of homes in Gresham, OR 97030 sold above their list price, the typical home went under contract in 22 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 97 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 32%, homes sold more slowly (20 days then) and the median sale price held steady to $447,906. Overall, Gresham is less competitive than a year ago, which gives buyers more room.
Within Multnomah County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in 57%. On our competition score, Gresham ranks #30 of 170 OR ZIP codes with enough sales (score 69 out of 100).
Nearby, buyers who want less competition could look at Portland 97205 (4% sold over asking) or Portland 97201 (9% sold over asking), while Portland 97215 (59% sold over asking) and Corbett 97019 (50% sold over asking) are even more competitive.
Run the numbers for 97030
Nearby markets
Corbett 97019Balanced $309 /sq ftFairview 97024Seller’s market $284 /sq ftGresham 97080Seller’s market $269 /sq ftPortland 97201Balanced $303 /sq ft Browse all markets →Towns like Gresham nearby
Find towns like Gresham in other states →Where Gresham is
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Questions about Gresham real estate
Is Gresham a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Gresham, OR 97030 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Gresham?
The typical home went under contract in 22 days in the latest three months.
Do homes in Gresham sell over asking?
30% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.
What are property taxes in Gresham?
About 0.96% of a home’s value a year in Multnomah County, or roughly $3,840 on a $400,000 home.
What is the median home price in Gresham?
The median sale price was $447,906 in the three months ending August 31, 2026, about $254 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology