2531 SW Thomas Way, Gresham, OR 97080
Property image
Property image
OFF MARKET

$587,400

Trulia Estimate
  • Studio
  • 3 Baths
  • 2,446 sqft

2531 SW Thomas Way, Gresham, OR 97080

Southwest
Est. Refi. Payment $3,497/mo*
Refinance Your Home
Currently Off Market - Sold Jun 24, 2021 for $498,100

Home Value

Trulia Estimate
$587K
Since last month
Increased$7K (+1.2%)
Since last year
$100 (0%)
Since last sale
Increased$91K (+18.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +15% in the last 10 years
MonthEstimated value
2026
August 2026$589K
July 2026$582K
June 2026$608K
May 2026$607K
April 2026$603K
March 2026$591K
February 2026$583K
January 2026$568K
2025
2024
2023
2022
2021

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3605 SW 25th St, Gresham, OR
0.05
Single-Family Home
$500,000
03/13/26
3
3
1,777
2459 SW Sandlewood Ln, Gresham, OR
0.10
Single-Family Home
$559,000
11/04/25
4
3
2,276
3576 SW 28th Ter, Gresham, OR
0.13
Single-Family Home
$587,550
10/03/25
4
3
2,078
3621 SW 24th Ter, Gresham, OR
0.07
Single-Family Home
$443,800
06/16/26
3
3
1,612
3829 SW 31st St, Gresham, OR
0.27
Single-Family Home
$525,000
07/13/26
4
3
1,808
3813 SW McKinley St, Gresham, OR
0.22
Single-Family Home
$699,000
05/20/26
5
3
2,983
3519 SW 28th Ter, Gresham, OR
0.12
Single-Family Home
$535,000
05/22/26
3
2
1,824
3857 SW Brittany Dr, Gresham, OR
0.16
Single-Family Home
$659,200
04/30/26
4
3
2,425
2652 SW Phyllis Dr, Gresham, OR
0.13
Single-Family Home
$580,000
04/20/26
3
2
1,944
2180 SW Royal Pl, Gresham, OR
0.20
Single-Family Home
$600,000
11/07/25
4
3
2,623

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2607 SW Pleasant View Dr, Gresham, OR 97080
0.04
$1,349,000
4
3
3,046
For Sale
2582 SW Thomas Way, Gresham, OR 97080
0.03
$536,500
3
2
1,750
Off Market
3605 SW 25th St, Gresham, OR 97080
0.05
$500,000
3
2
1,777
Recently Sold
3508 SW 25th St, Gresham, OR 97080
0.07
$487,800
4
2
1,654
Off Market
3621 SW 24th Ter, Gresham, OR 97080
0.07
$443,800
3
2
1,612
Recently Sold
3519 SW 28th Ter, Gresham, OR 97080
0.12
$535,000
3
2
1,824
Recently Sold
3610 SW 28th Ter, Gresham, OR 97080
0.12
$504,300
3
2
1,819
Off Market
3517 SW 24th Ter, Gresham, OR 97080
0.09
$456,800
3
2
1,648
Off Market
2885 SW Hartley Dr, Gresham, OR 97080
0.12
$596,300
4
3
2,408
Off Market
2459 SW Sandlewood Ln, Gresham, OR 97080
0.10
$559,000
4
2
2,276
Recently Sold
3576 SW 28th Ter, Gresham, OR 97080
0.13
$589,400
4
2
2,078
Off Market
2954 SW Hartley Dr, Gresham, OR 97080
0.14
$571,500
4
3
2,329
Off Market

Local Information

  • Map ViewExplore the area around 2531 SW Thomas Way.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2022
Living Area
2,446 sqft
Price/Sqft
$240

About this House

This single-family home is located at 2531 SW Thomas Way, Gresham, OR. 2531 SW Thomas Way is in the Southwest neighborhood in Gresham, OR and in ZIP code 97080. This property has 3 bathrooms and approximately 2,446 sqft of floor space. This property has a lot size of 5004 sqft and was built in 2022.
2531 SW Thomas Way, Gresham, OR 97080 is a studio, 3 bathroom, 2,446 sqft single-family home in Southwest, built in 2022. It last sold for $498,100 on Jun 24, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $587,400, with a rent estimate of $3,218/month.

Home Details for 2531 SW Thomas Way

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air

Property Information

Year Built
Year Built: 2022Year Updated: 2022
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 5004 sqft

Price and Tax history

DateEventPrice
Jun 24, 2021
Source: RMLS (OR) #21140739
Sold
$498,100
Jan 24, 2021
Source: RMLS (OR) #21140739
Pending
$494,100

Market trends in Gresham

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$466K
$234MoM
Sale-to-List Price
100.0%
Price per sq ft
$275
$1MoM
Available listings
365
38MoM

Around this home

Neighborhood Overview

Southwest
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Southwest

At least 30 Trulia users voted on each feature.

  • 100 % Say it's dog friendly

  • 89 % Say car is needed

  • 89 % Say yards are well-kept

  • 87 % Say streets are well-lit

  • 84 % Say there are sidewalks

  • 79 % Say parking is easy

  • 73 % Say it's quiet

  • 71 % Say there's holiday spirit

  • 66 % Say people would walk alone at night

  • 64 % Say there's wildlife

  • 61 % Say neighbors are friendly

  • 56 % Say they plan to stay for at least 5 years

  • 51 % Say kids play outside

  • 37 % Say it's walkable to restaurants

  • 34 % Say it's walkable to grocery stores

  • 31 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "There is a lovely park Butler Creek Park for dog walking and a wooded area on the other side of Towle Ave. "
    1
    Flag
  • Itbmejulie
    "l have lived in this neighborhood for 40 years. l love it. one of the safest in Gresham. Commute is great to downtown "
    6
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 2531 SW Thomas Way

  • What is 2531 SW Thomas Way estimated to be worth?
    Trulia's estimated value for 2531 SW Thomas Way in Gresham, OR is $587,400.
  • What is the price history for 2531 SW Thomas Way?
    2531 SW Thomas Way in Gresham, OR last sold for $498,100 in June 2021.
  • Is Gresham a buyer's or seller's market?
    Gresham is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Gresham?
    The median sale price in Gresham is $466K. That is down $234 from the prior month.
  • How big is the lot at 2531 SW Thomas Way?
    The lot at 2531 SW Thomas Way in Gresham, OR is about 0.11 acres (5,004 sq ft).

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Apartments for Rent

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Off Market Homes Near 2531 SW Thomas Way

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