Why Live in Powell Valley
Powell Valley in Gresham, Oregon, is a neighborhood that balances urban and rural living, with convenient routes to Portland via U.S. Highway 26, Northeast Burnside Road, and Northeast Division Street. Historically significant, it was initially a settlement on the Oregon Trail and later named after U.S. Postmaster General Walter Quintin Gresham. The neighborhood features a mix of Ranch-style homes, mid-Century split-levels, Northwest Contemporary homes, and newer Millennial Mansions. While trees are sparse, large grassy front yards are common, providing ample space for outdoor activities. Powell Valley offers scenic views of Mt. Hood and proximity to the Sandy River, Mt. Hood National Forest, and Timberline Lodge Ski Resort, making it ideal for outdoor enthusiasts. Local parks include the undeveloped East Gresham Park and Kane Park, which has a popular playground. The athletic fields and playgrounds at Gordon Russell Middle School and Powell Valley Elementary School are accessible to the public. Dining options in the area include the Blue Pine Grill, known for its brunch, burgers, and wings, as well as several chain restaurants in the Powell Boulevard shopping district. The neighborhood's crime rate is lower than the national average, contributing to its appeal for families and individuals seeking a balanced lifestyle.
Home Trends in Powell Valley, OR
On average, homes in Powell Valley, Gresham sell after 153 days on the market compared to the national average of 70 days. The median sale price for homes in Powell Valley, Gresham over the last 12 months is $314,900, up 25% from the median home sale price over the previous 12 months.
Median Sale Price
$314,900
Median Single Family Sale Price
$329,000
Median Townhouse Sale Price
$479,000
Median 2 Bedroom Sale Price
$419,450
Average Price Per Sq Ft
$259
Number of Homes for Sale
13
Last 12 months Home Sales
49
Median List Price
$425,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
25%
