The story of this market
The typical home in ZIP 97030 sells for about $446,000, or $277 per square foot.
Prices are down 1.8% from a year ago, which gives buyers more room to negotiate. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,667 a month.
ZIP 97030 — Gresham
The Gresham housing market remains competitive with a median sale price of $446,000, reflecting a slight year-over-year cooling. Inventory levels are tight at approximately 1 month of supply, which continues to support stable pricing despite broader economic headwinds. Buyers are finding a balanced market where homes sell in about 35 days, driven by steady demand for affordable suburban housing.
This ZIP is well-suited for family buyers and commuters seeking a balance between suburban living and access to the Portland metro area. It attracts those looking for more affordable housing options while maintaining proximity to major employment hubs and outdoor recreation.
Median prices moved down 1.8% year over year.
Homes spend a median of 35 days on market with 1.0 months of supply — a fast-moving market.
29% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.0% · poverty 15.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 97030, Multnomah County OR
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Gresham are generally higher than the national average, with property crime being the most frequently reported issue. The city actively works with regional law enforcement to address safety concerns in urban corridors.
Schools in the area are primarily served by the Gresham-Barlow School District, which offers a mix of public elementary, middle, and high schools with varying performance ratings. Many families prioritize the district's diverse extracurricular and vocational program offerings.
The area faces moderate risks related to winter storms and potential flooding in low-lying areas near the Sandy River. Property insurance premiums are influenced by regional wildfire risk assessments and standard seismic activity preparedness.
Gresham serves as a major eastern gateway to the Portland metro area, with significant economic momentum driven by manufacturing, healthcare, and retail sectors. Infrastructure development focuses on expanding transit connectivity and revitalizing the historic downtown core.
Property taxes are assessed by Multnomah County based on the real market value of the property, subject to state-mandated constitutional limits on assessed value growth. Special districts for fire, water, and school services are included in the total millage rate applied to each parcel.
Residents primarily commute via I-84 or the MAX Light Rail Blue Line, which provides direct transit access to downtown Portland. The drive to the Portland employment core typically takes 25 to 40 minutes depending on traffic conditions.
The area features extensive outdoor amenities including the Gresham-Fairview Trail, Main City Park, and proximity to the Columbia River Gorge. Shopping and dining are concentrated along the Powell Boulevard and Hogan Drive corridors.
The rental market is characterized by steady demand from commuters and families, with a mix of apartment complexes and single-family home rentals. Vacancy rates remain relatively low due to the area's affordability compared to central Portland.
The local economy is anchored by the Gresham-Barlow School District, healthcare providers, and a robust manufacturing sector. It benefits from its strategic location within the Portland-Vancouver-Hillsboro metropolitan statistical area.
The area is served by the MAX Light Rail Blue Line and extensive bus networks operated by TriMet. Major highway access is provided by I-84 and US-26.
Development efforts are focused on the Civic Neighborhood project and various infill housing initiatives to increase density near transit hubs.
The Multnomah County Assessor manages property valuations, adhering to Oregon's Measure 5 and Measure 50 tax limitations.
Parcels are subject to various special districts including the Gresham-Barlow School District, Multnomah County Drainage District, and local fire and water service districts.
Property insurance markets are stable but sensitive to regional wildfire and flood risk mapping updates.
Data retrieved from data.census.gov using ZCTA 97030 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Hopscotch Portland4.811.3 mi
- Oaks Amusement Park4.411.9 mi
- Sky Zone Trampoline Park3.817.9 mi
- Dave & Buster's Happy Valley - Clackamas3.99.2 mi
- The People's Courts4.77.7 mi
- Moda Center4.511.9 mi
- Providence Park4.613 mi
- Oregon Convention Center4.511.6 mi
- Revolution Hall4.611.1 mi
- Portland Art Museum4.612.6 mi
- Powell's City of Books4.912.5 mi
- The Grotto4.77.8 mi
- Vista House at Crown Point4.88.8 mi
- Hopscotch Portland4.811.3 mi
- Laurelhurst Park4.79.9 mi
- Portland Japanese Garden4.613.8 mi
- OMSI4.511.8 mi
- The Grotto4.77.8 mi
- Vista House at Crown Point4.88.8 mi
- Hopscotch Portland4.811.3 mi
- The Grotto4.77.8 mi
- Laurelhurst Park4.79.9 mi
- Mt. Tabor Park4.88.4 mi
- Pioneer Courthouse Square4.412.4 mi
- Tom McCall Waterfront Park4.512 mi
- Portland Yacht Club4.712.6 mi
- Riverplace Marina4.612.1 mi
- Fred's Marina4.419.8 mi
- Tomahawk Bay Marina4.313 mi
- eNRG Kayaking4.813.6 mi
- Glendoveer Golf & Tennis4.44.7 mi
- Eastmoreland Golf Course4.310.8 mi
- Rose City Golf Course4.18.2 mi
- Colwood Golf Center4.48.7 mi
- Sah-Hah-Lee Golf Course4.69.5 mi
- Clackamas Town Center4.39 mi
- Vancouver Mall4.212.6 mi
- Fred Meyer410.4 mi
- Pioneer Place4.212.3 mi
- Nordstrom4.312.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A central community park featuring picnic areas, playgrounds, and access to the Johnson Creek trail system.
A multi-use trail connecting various neighborhoods and parks, popular for cycling and walking.
A district featuring local boutiques, cafes, and seasonal farmers markets.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.