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Powell Valley

GRESHAM, OR 97080

Real Estate Market Report  ·  Multnomah County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 97080

Powell Valley

Market Analysis

Data as of March 2026. Source: Realtor.com.

The GRESHAM, OR real estate market (97080) currently shows 168 active listings, with 69 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice.

Homes are selling faster, averaging 54 days on market compared to 65 days last year.

The median listing price has risen 0.7% year-over-year, from $535,900 to $539,500.

Whether you are buying or selling in GRESHAM, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 47,168  ·  Density: 841.6/mi²  ·  Median household income: $91,833

Typical home value: $455,252  ·  Homeownership: 72.0%

Market Overview

Active Listings
168
⇧ 19.1% vs 141 last year
Pending
69
41% pending ratio
Median Price
$539,500
⇧ 0.7% vs $535,900 last year
Average Price
$604,032
⇩ 2% vs $616,240 last year
Days on Market
54
⇩ 16.9% vs 65 days last year

Price Per Square Foot

Median $/sqft
$270
⇩ 1.8% vs $275/sqft last year
Median Home Size
1,998 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 168 this year vs 141 last year
  • Days on market: 54 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $539,500 (+0.7% YoY)
  • Average: $604,032 (-2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.0 miles — 1,194 listings ($809,165,703 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97080Gresham, OR 970800.0 mi158$90,477,752$525,000$572,644
97060Troutdale, OR 970604.0 mi36$19,943,640$478,975$553,990
97009Boring, OR 970094.5 mi24$28,374,288$1,107,475$1,182,262
97233Portland, OR 972335.8 mi83$31,171,065$379,250$375,555
97086Happy Valley, OR 970867.1 mi164$133,223,432$724,438$812,338
97266Portland, OR 972668.2 mi92$40,095,348$399,900$435,819
97216Portland, OR 972168.5 mi49$15,785,742$304,200$322,158
97022Eagle Creek, OR 970229.6 mi8$7,994,112$981,500$999,264
97206Portland, OR 9720610.1 mi145$66,344,025$427,000$457,545
97215Portland, OR 9721510.4 mi31$24,193,020$655,000$780,420
97222Portland, OR 9722211.3 mi81$41,947,065$417,500$517,865
98607Camas, WA 9860711.4 mi234$250,675,074$891,456$1,071,261
97267Portland, OR 9726712.0 mi89$58,941,140$613,500$662,260

Frequently Asked Questions

How many homes are for sale in GRESHAM, OR 97080?

As of March 2026, there are 168 active listings in GRESHAM, OR (zip code 97080), compared to 141 the prior year.

What is the median home price in GRESHAM, OR 97080?

The median listing price in GRESHAM, OR 97080 is $539,500 as of March 2026, a 0.7% increase from $535,900 the prior year.

How long do homes stay on the market in GRESHAM, OR?

Homes in GRESHAM, OR 97080 spend an average of 54 days on the market before going under contract, compared to 65 days the prior year.

Is it a seller's or buyer's market in GRESHAM, OR 97080?

Based on current inventory and days-on-market data as of March 2026, GRESHAM, OR 97080 is currently a Balanced Market. Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice. Homes are selling faster, averaging 54 days on market compared to 65 days last year.

How much can I save on real estate commission in GRESHAM, OR?

With SELL123.com's maximum 3% commission, sellers in GRESHAM, OR 97080 save an estimated $10,790 compared to a typical 5% commission on the median listing price of $539,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.