Gresham Home Prices & Values

$122,400 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.9% 1-year change
  • 1.1% 1-year forecast

Market Temperature: ColdWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Gresham is $122,400. Gresham home values have gone up 2.9% over the past year and Zillow predicts they will rise 1.1% within the next year. The median list price per square foot in Gresham is $62, which is lower than the Chicago average of $197. The median price of homes currently listed in Gresham is $75,000 while the median price of homes that sold is $91,308.

Relative ZHVI
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Gresham Market Overview

Data through Jun 30, 2014
  • $122,400 ZHVI
  • 1.1% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • $75,000 Median listing price
  • No recent data Median sale price
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Gresham Market Health

Data through Jun 30, 2014
  • 0.4/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Beverly $325,900 West Chatham $150,100 Wrightwood $137,000
West Chesterfield $133,100 Longwood Manor $128,200 Washington Heights $125,700
Brainerd $118,800 Englewood $87,800 West Englewood $84,100

Listings & Sales

Data through Jun 30, 2014
  • $62 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 30.2% Listings with price cut
35.5%
Sold below listing
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Gresham Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,292 Gresham
$1,693 Chicago
$1,310 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • $0.99 Rent list price / sq ft
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