Why Live in Centennial-Gresham
Centennial-Gresham, situated between Portland and Gresham, has evolved from a quiet farming community into a suburban neighborhood with over 34,000 residents. The area is characterized by its mid-century ranch-style and split-level homes, many of which share similar features like wood-framed windows and basements, suggesting they were built by a few contractors. These homes are set on long, narrow lots with front lawns and hedges, though sidewalks and bike lanes are scarce, making driving a necessity. The neighborhood's tax rates are significantly lower than those in Portland, but this comes with fewer amenities, such as parks. While Portland's Centennial neighborhood has developed parks with playgrounds and athletic fields, Centennial-Gresham only has the undeveloped Southwest Community Park, featuring a meadow, forested area, and wetland connected by an unmaintained dirt path. However, residents can enjoy nearby Rockwood Disc Golf Course, Vance Park, and Powell Butte Nature Park, which offers hiking trails and views of Mt. Hood. The Centennial School District serves the area, with students attending different elementary and middle schools based on their location relative to Southeast Division Street, and all students eventually attending Centennial High School. Commercial activity is concentrated along Southeast Division Street and Southeast Powell Boulevard, where residents can find local dining options like Birrieria PDX Division, Mi Pueblo Mexican Restaurant, and McMenamin's Highland Pub and Brewery.
Home Trends in Centennial-Gresham, OR
On average, homes in Centennial-Gresham, Gresham sell after 56 days on the market compared to the national average of 53 days. The median sale price for homes in Centennial-Gresham, Gresham over the last 12 months is $428,200, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$428,200
Median Single Family Sale Price
$452,500
Median Townhouse Sale Price
$315,200
Median 2 Bedroom Sale Price
$233,100
Average Price Per Sq Ft
$285
Number of Homes for Sale
23
Last 12 months Home Sales
53
Median List Price
$435,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
4%
