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 Type | 2.60% |
| One Bedroom | 13.90% |
| Two Bedrooms | 30.60% |
| Three Bedrooms | 39.10% |
| Four Bedrooms | 11.70% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $159,700 |
| Median Price asked for vacant units | $161,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $602 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 14.10% |
| Home Equity Loan | 10.30% |
| Simple Mortgage | 57% |
| Debt Free | 17.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.6% |
