14% INCREASE in GRESHAM HOME VALUES: $430k to $490k 🏡📈

Gresham Median Home Values are $490k, representing a 14% increase from the $430k in January 2023. Gresham Home Values ranged wildly between January 2021 and 2024, but the average annual home value growth is 8%. This is great news for Gresham homeowners and home sellers!
The Housing Market has been rocking and rolling since mid-2020 in Portland, Oregon, and the surrounding cities of Hillsboro, Beaverton, Tigard, Lake Oswego, Milwaukie, Happy Valley, and Gresham. With mortgage interest rates ranging from under 3% to over 7%, home buyers' purchasing power went from high to low, which makes housing demand follow the same trajectory.
The average annual appreciation, or home value growth, should be approximately 4% to 6%, which is a quality return on investment. An annual appreciation of 18% is not the norm or sustainable, and negative or slower growth is the equivalent of steadying the ship or bringing home values back within the appropriate growth ranges. Anything above 4% to 6% is a fantastic gift but should not be expected or missed during a short-term market fluctuation. Real estate is a long-term investment; these highs and lows average out over the years.
I'm passionate about homeownership and helping home buyers navigate the real estate market and homeowners understand the elements that make up a home's value. For additional Housing Market trends, the hottest listings by location & price, Open Houses, personalized monthly Market Reports, and more, see the links below:
Get Your FREE Monthly Home Value Report 🏡📈
👉 www.homemadeportland.com/mast...
See Homes for Sale by Location - No need to search. Results ready-to-go! 🏡
👉 www.homemadeportland.com/home...
See Homes for Sale by Price - No need to search. Results ready-to-go! 🏡🙋‍♀️
👉 www.homemadeportland.com/home...
List of Open Houses by Location 🏡🙋‍♀️
👉 www.homemadeportland.com/open...
Real Estate 101 - Market Trends, Analysis & more! 🏡
👉 www.homemadeportland.com/real...
See DIY/Home Improvement Videos: 🤪🛠🪚
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Real Estate Done Right - Real estate is all about you! 🏡🙋‍♀️
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I hope you find this information helpful. Feel free to contact me with any questions.🙋‍♀️Have a great day!
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