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Gresham, OR Real Estate


According to census data in the year 2000 there were 35,306 housing units in Gresham. This represents a 30.9% growth from 26,978 in 1990.

Of those housing units, 35,240 were located in either urbanized areas or urban clusters, and 66 were located in what is classified as a rural area.

Homeownership rate in Gresham is about 54.7%. Gresham's vacancy rate, including seasonal lodging, is about 5.7%. Average household size is 2.67 people.

The majority of houses, apartments or condos in Gresham were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type2.60%
One Bedroom13.90%
Two Bedrooms30.60%
Three Bedrooms39.10%
Four Bedrooms11.70%
Five Bedrooms or more2.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.84
Median year structure was built1976
Median Value of occupied units$159,700
Median Price asked for vacant units$161,400

Rented Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1980
Median Monthly Rent asked for vacant units$602

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage14.10%
Home Equity Loan10.30%
Simple Mortgage57%
Debt Free17.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.6%