Gresham 97030

Multnomah County, OR · 9,341 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

29affordability /100

Buyer leverage is seller slight; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
43.2%
severe
Days on market
21
daily
Price cuts
24.8%
of active
Valuation
+20.9%
vs assessor
Look up an address
36
/100
Weak
stable · seller slight · prices easing year-over-year.
Price trend
42
Affordability
25
Valuation
50
Economic health
29

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

56/ 100SellerBalancedBuyer
Balanced Market
Needs 30.6% correction for affordability
DOM: 46d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)90
Valuation Gap (25%)10
Supply & Demand (20%)85
Buy vs Rent (15%)75
Cancellation Rate (10%)0
Days on Market (5%)60

Balanced market in 97030. List price is roughly fair — focus on condition and value. Payment burden: 43.2% of median income. A 19% price correction needed to reach 30% affordability threshold. Median days on market: 46. Renting is approximately 86% cheaper than buying (price-to-rent ratio: 22.3).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
STABLESELLER SLIGHT

Market is holding steady with balanced conditions. Sellers hold a slight edge. Prices down 1.5% YoY.

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Market snapshoteach number, once

Median price
$440,284
▾ 1.5% YoY
Days on market
21
daily · zip_data
Median rent
$1,647
ZORI
Investor score
40/100
cash-flow lens
Active listings
65
90-day

Valuation3 lenses, different anchors

vs assessor
+20.9%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$532,300
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+53.9%
County-wide market — the widest, slowest signal.
Multnomah+53.9%
Lotvox comps · mv_valuation_gap
Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$233
Price-to-income7.1×

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How 97030 ranks in OR
percentile vs all Oregon ZIPs · n=400
Market velocity81%
Supply tightness77%
Affordability25%
Investment yield76%
Appreciation14%

Affordability, supply & momentum

49SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply8.7 mo
Days on Market21d
Inv vs History-4.7%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$2,224
Payment burden43.2%
Median income · ZIP$61,793
Mortgage rate6.49% · 30yr
Total monthly own$2,664
Monthly rent$1,647
Market dynamics
Price cut %24.8%
Momentumstable
LeverageSELLER SLIGHT
Months of supply8.7
Sales (90d)0
Investment analysis
Median rent$1,647
Price-to-rent22.3
Est. cap rate2.9%
Buy vs rentfavors renting

Livability

Walk score14
Transit score13
Bike score—

Historical trends

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Multnomah County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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