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Gresham, OR Home Values and Rents

The typical home value in Gresham is $462,189, 77th highest of 227 cities and towns in Oregon. Median rent is $1,601 a month.

Typical home value
$462,189
77th of 227 in OR
Median rent
$1,601/mo
Zillow observed rent
Price change, 1 year
-0.5%
Sep 2026
Homeownership
55.8%
OR: 63.3%

Home sale prices in the Portland-Vancouver-Hillsboro, OR-WA area

Zillow median sale price, Sep 2026

$536,386-1.6% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Typical home value in Gresham

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodGresham
Sep 2026$462,189
Dec 2025$464,925
Dec 2024$466,978
Dec 2023$455,556
Dec 2022$457,033
Dec 2021$449,286
Dec 2020$386,665
Dec 2019$349,356
Dec 2018$335,587
Dec 2017$319,601
Dec 2016$292,042
Dec 2015$255,679
Dec 2014$224,529
Dec 2013$207,170
Dec 2012$183,886

Over five years, Gresham prices changed +5.0%.

Source: Zillow Research · Last updated 09/01/2026

Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
197080$502,000$1,654+1.8%+32.5%
297230$450,700$1,6200.0%+28.3%
397030$435,700$1,667+0.6%+32.7%
497233$414,600$1,400+2.9%+28.8%

Frequently asked questions

What is the typical home value in Gresham, OR?
The typical home value in Gresham is $462,189 (Zillow Home Value Index, Sep 2026). The Oregon median is $477,600.
How much is rent in Gresham?
The median rent in Gresham is $1,601 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,878.
Are home prices going up in Gresham?
The typical home value in Gresham changed -0.5% over one year and +5.0% over five years, as of Sep 2026.
How does Gresham compare with the rest of Oregon?
Gresham has the 77th highest median home value of 227 cities and towns with 1,000+ residents in Oregon.
Which ZIP code in Gresham has the highest home values?
ZIP code 97080 has the highest median home value at $502,000, and 97233 has the lowest at $414,600.