Gresham 97080

Multnomah County, OR · 15,111 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

46affordability /100

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

Payment burden
32.9%
stretched
Days on market
34
daily
Price cuts
23.0%
of active
Valuation
-38.7%
vs assessor
Look up an address
55
/100
Mixed
stable · balanced · prices rising year-over-year.
Price trend
62
Affordability
65
Valuation
35
Economic health
46

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 8.8% correction for affordability
DOM: 56d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)50
Valuation Gap (25%)25
Supply & Demand (20%)85
Buy vs Rent (15%)100
Cancellation Rate (10%)25
Days on Market (5%)60

Balanced market in 97080. List price is roughly fair — focus on condition and value. Payment burden: 32.9% of median income. Median days on market: 56. Renting is approximately 115% cheaper than buying (price-to-rent ratio: 25.8).

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

Market is holding steady with balanced conditions. Conditions are balanced between buyers and sellers.

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Market snapshoteach number, once

Median price
$521,863
▴ 0.0% YoY
Days on market
34
daily · zip_data
Median rent
$1,686
ZORI
Investor score
35/100
cash-flow lens
Active listings
141
90-day

Valuation3 lenses, different anchors

vs assessor
-38.7%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$320,000
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$352
Price-to-income5.4×

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How 97080 ranks in OR
percentile vs all Oregon ZIPs · n=400
Market velocity64%
Supply tightness66%
Affordability69%
Investment yield57%
Appreciation37%

Affordability, supply & momentum

36SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply10.4 mo
Days on Market34d
Inv vs History+0.4%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$2,636
Payment burden32.9%
Median income · ZIP$96,218
Mortgage rate6.49% · 30yr
Total monthly own$3,158
Monthly rent$1,686
Market dynamics
Price cut %23.0%
Momentumstable
LeverageBALANCED
Months of supply10.4
Sales (90d)0
Investment analysis
Median rent$1,686
Price-to-rent25.8
Est. cap rate2.5%
Buy vs rentfavors renting

Livability

Walk score5
Transit score5
Bike score

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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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