Gresham, OR Housing Market 2026: What Homes Actually Sell For

Gresham closes a lot of homes into a narrow band, which makes its median unusually informative: sales over the last six months land close together, so the citywide number is a real anchor rather than an average of extremes.

The snapshot

• •Closings tracked, last 6 months: 567
• •Median sold price, last 6 months: $479,999
• •Median sold $/sqft, last 6 months: $267
• •Middle half of sales closed between: $399,999 and $550,000

What the numbers say

Resideline tracked 567 closed sales in Gresham over the last six months, with a median closing price of $479,999. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $399,999 and $550,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 565 closings with usable living area, the middle half sold between $233 and $297 per square foot.

Figures last updated August 22, 2026 from closings Resideline tracked.

Median home price in Gresham, OR (August 2026)

The median home price in Gresham is $479,999, measured across the 567 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $399,999 and $550,000.

Where Gresham sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Gresham over the last six months, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $399,999 and $550,000. Where your target property sits inside that spread matters more than the citywide median.

How long a sale takes here

• •Listed to under contract: a median of 18 days, across 426 Gresham closings Resideline tracked in the last six months
• •Contract to closing: a median of 30 days, across 413 Gresham closings Resideline tracked in the last six months

The Gresham angle

Gresham is about as concentrated as closed price data gets in the markets Resideline tracks. Across 567 closings over the last six months, the median closed sale price was $479,999, and the middle half of sales closed between $399,999 and $550,000, among the tightest spreads we track. With the middle of the market packed that closely, the median is a strong prediction for a typical property and large adjustments should make you uncomfortable. Slightly more of the band sits below the median than above it, so the downside is marginally longer than the upside, which is worth knowing before you argue for a premium. Tracked closings are on the lighter side, so use a short filter list and let the tightness of the band do most of the reassurance work.

From market read to offer price

A tight market makes the next step easier: the citywide anchor sits close to most homes, and a report only has to explain the gap. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. As of August 2026, the public scoreboard showed 3.26% median error across 12,516+ graded closings. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Gresham address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Gresham, OR
Data updated: August 2026
Analysis period: last six months
Tracked closings: 567
Median sold price: $479,999
Median sold $/sqft: $267 (565 qualifying)
https://resideline.com/blog/gresham-or-housing-market

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Gresham over the last six months, and is refreshed when the data is. The closings we track inside the city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 11% of the 567 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $487,950.