Why Live in Downtown Gresham
Downtown Gresham is a historic district located 17 miles from downtown Portland. This neighborhood offers a blend of small-town charm and urban amenities, with a walkable downtown area free of parking meters. The area is notable for its role as a training ground for Guide Dogs for the Blind, thanks to its pedestrian-friendly streets. Homes here include bungalow and ranch styles, with townhouses featuring new historicism designs. Properties typically have small lots with fenced-in yards. The neighborhood is rich in history, highlighted by the 1913 Gresham Library, a red Tudor Revival building listed on the National Register of Historic Places.
Local attractions include the Timberline Lodge ski resort, 40 miles away, and the nearby Oxbow Regional Park and Dabney State Recreation Area, both within 8 miles, offering outdoor activities like fishing, hiking, and swimming. The public Gresham Golf Course features an 18-hole course and a sports bar. Main City Park, a 22-acre space, includes a play structure, off-leash dog area, and Tsuru Island, a Japanese garden. Dining options range from Boccelli's Ristorante to Asian Thai Bistro.
The neighborhood hosts monthly gatherings organized by the Historic Downtown Gresham Association, often in partnership with local arts organizations. Transportation is convenient with the MAX Blue Line light rail station and bus stops along major roads, and I-84 West provides access to Portland International Airport.
Home Trends in Downtown Gresham, OR
On average, homes in Downtown Gresham, Gresham sell after 83 days on the market compared to the national average of 57 days. The median sale price for homes in Downtown Gresham, Gresham over the last 12 months is $327,500, down 9% from the median home sale price over the previous 12 months.
Median Sale Price
$327,500
Median Single Family Sale Price
$336,900
Median Townhouse Sale Price
$318,750
Median 2 Bedroom Sale Price
$245,000
Median 1 Bedroom Sale Price
$209,000
Average Price Per Sq Ft
$285
Number of Homes for Sale
4
Last 12 months Home Sales
12
Median List Price
$337,450
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-9%
