Powell Valley is seeing more homes for sale, with inventory at 25 listings in March 2026 and up 13.64% from the prior month. New listings, however, are down 32% year over year to 17, and pending sales dipped 5.26% over the same period to 18. Longer timelines are a factor, as the median home now spends 96 days on the market.
Pricing is adjusting as this slower contract flow works through the system. The typical home value sits around $415,000, down 15.31% year over year and 4.6% month over month, while the median list price is higher at $459,000 but fell nearly 9.99% in the last month. Looking ahead to April 2026, typical values are projected to ease to about $405,000, and the projected median list price is expected to hover near $433,520 as sellers respond to buyer expectations.
Despite these price shifts, Powell Valley is still labeled a Seller's Market with a market gauge of 14, and about one-third of recent sales closed above the asking price, supported by an average sale-to-list ratio of roughly 0.98. Compared with the broader city of Gresham, where the typical home value is closer to $479,900 and projected to reach $489,850, this neighborhood offers relatively lower price points but also slower movement. Whether you are a buyer trying to navigate these changing prices or a seller timing your listing, Agent Pronto can connect you with a local expert to guide your next step.
