What to know before you move: cost, market timing, who it fits.
If you're considering a move to Gresham, OR, the most important variables are the local housing market, the cost structure (taxes, insurance, utilities), and how well the city fits your day-to-day life. This page summarizes the housing market read; pair it with the cost of living page for the full picture.
Gresham is a city in Multnomah County, Oregon, with an estimated population of 111,507. It anchors the Portland-Vancouver-Hillsboro metro area. The population has contracted 0.6% per year on average since 2020. The median home value in Gresham is $472,119 as of 2026-04, down 0.5% over the last 12 months. Over the last five years, home values have averaged +2.2% annual growth (-3.4% from the 5-year peak). Rents in Gresham average $1,618 per month, roughly flat year-over-year (+1.0%). The composite momentum score is 52 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.
Sideways market (-0.5% YoY). No urgency to time the macro trend — focus on the home and neighborhood.
Reasons people move here
- The data is the data: Gresham has at least 5 years of Zillow tracking, full Census identification, and is included in the 1-criteria momentum score on this page.
- Data is sourced from public datasets (Zillow, US Census) with full citations on the methodology page.
Things to know first
- Flat or shrinking population: -0.6% per year. Housing demand has to come from somewhere — verify the source.
- Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.
More about Gresham
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.