According to statistics, the population in Gresham, OR amounts to 110,336, which shows decline 0% compared to the previous year. The median age of the city’s residents is 36. The average household income is $50,675, shifting growth 2% from the past year, and the average property value in Gresham, OR growth 8% to $242,800 throughout the year.
|Number Of Employees||51,339|
|Median Property Value||$242,800|
The average household income in Gresham, OR grew from $49,866 to $50,675 in the past year. This data is an estimate based upon 39,281 households in Gresham, OR . The chart below presents how household income is distributed in Gresham, OR in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Gresham, OR shifted from $224,000 to $242,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Gresham, OR in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Gresham, OR properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Gresham, OR compared to median property taxes around the country. The prevalent amount of property taxes in Gresham, OR equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$89,900||-79.9%|
|1 bed for sale||$225,000||-12.1%|
|2 bed for sale||$311,991||+8.4%|
|3 bed for sale||$512,872||+7.7%|
|4+ bed for sale||$572,167||-14.6%|
During Jul 2022, the average price for an apartment in/near Gresham, OR decreased by 2% to $525,507.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 12.1% to $225,000. Asking price for 2-bed apartment also increased by 8.4% and a place of this size will now cost you $311,991. A 3-bed apartment goes for $512,872, it increased by 7.7% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 14.6% and made it down to $572,167.
|Listing Type||Jul||vs Last Month|
|Townhouses for sale||$374,128||-3.1%|
|Apartments for sale||$89,900||-59%|
|Houses for sale||$554,862||+2.2%|
|Condos for sale||$287,718||-3.8%|
|Land for sale||$195,000||-86.8%|
The average cost of an apartment in Gresham, OR decreased by 59% to $89,900. Price reports demonstrate that house price increased by 2.2% this month making it up to $554,862. Condos faced an upward trend these days. The median price for a condo decreased by 3.8%, it’s now available for $287,718. The property value of townhouses decreased by 3.1%, you’ll have to spend around $374,128 to get one.