Why Live in Northwest Gresham
Northwest Gresham is a conveniently located neighborhood just blocks from downtown Gresham. Housing options include townhouses, Ranch-style houses, and split-level houses, primarily built between the 1960s and 1990s on 6,000 to 8,000-square-foot lots. These homes often feature wide driveways, mature trees, and small fenced-in backyards. The area also has denser pockets of apartment and condominium complexes. The neighborhood is home to two parks: the eight-acre Bella Vista Park, which offers a playground, shaded areas, and a large field for community events, and Main City Park, known for its walking trails, athletic fields, playgrounds, and Japanese garden. Northwest Gresham features the open-air Gresham Station shopping center, which includes department stores, furniture stores, and restaurants. The Historic Downtown Gresham Business District nearby offers local favorites like Asian Thai Bistro and Sugar Cubed Bakery. The neighborhood is served by five schools, with all students attending Gresham High School. Northwest Gresham has two light rail stops providing an hour-long commute to downtown Portland, along with nearby bus stops and easy access to Highway 26.
Home Trends in Northwest Gresham, OR
On average, homes in Northwest Gresham, Gresham sell after 46 days on the market compared to the national average of 53 days. The median sale price for homes in Northwest Gresham, Gresham over the last 12 months is $474,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$474,000
Median Single Family Sale Price
$497,000
Median Townhouse Sale Price
$357,499
Median 2 Bedroom Sale Price
$330,000
Median 1 Bedroom Sale Price
$202,000
Average Price Per Sq Ft
$247
Number of Homes for Sale
11
Last 12 months Home Sales
59
Median List Price
$480,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
4%