2974 SW Thomas Way, Gresham, OR 97080
OFF MARKET

$490,600

Trulia Estimate
  • Studio
  • 2 Baths
  • 1,891 sqft

2974 SW Thomas Way, Gresham, OR 97080

Southwest
Est. Refi. Payment $3,142/mo*
Refinance Your Home
Currently Off Market - Sold Aug 29, 2003 for $239,500

Home Value

Trulia Estimate
$491K
Since last month
Decreased$12K (-2.3%)
Since last year
Increased$4K (+0.8%)
Since last sale
Increased$252K (+105.3%)
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 +52% in the last 10 years
MonthEstimated value
2026
October 2026$492K
September 2026$497K
August 2026$504K
July 2026$496K
June 2026$499K
May 2026$500K
April 2026$495K
March 2026$494K
February 2026$491K
January 2026$478K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
3571 SW 31st St, Gresham, OR
0.09
Single-Family Home
$565,000
12/23/25
3
2
1,920
3519 SW 28th Ter, Gresham, OR
0.08
Single-Family Home
$535,000
05/22/26
3
2
1,824
3566 SW 31st St, Gresham, OR
0.12
Single-Family Home
$600,000
07/02/26
2
1,864
3291 SW Van Buren Way, Gresham, OR
0.17
Single-Family Home
$580,000
01/23/26
3
2
1,906
3829 SW 31st St, Gresham, OR
0.16
Single-Family Home
$525,000
07/13/26
4
3
1,808
2652 SW Phyllis Dr, Gresham, OR
0.19
Single-Family Home
$580,000
04/20/26
3
2
1,944
3081 SW 31st St, Gresham, OR
0.27
Single-Family Home
$518,000
07/06/26
3
2
1,750
2981 SW 31st St, Gresham, OR
0.30
Single-Family Home
$489,900
01/15/26
3
2
1,881
3605 SW 25th St, Gresham, OR
0.21
Single-Family Home
$500,000
03/13/26
3
3
1,777
3312 SW 26th St, Gresham, OR
0.19
Single-Family Home
$505,000
06/23/26
3
2
1,606

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
2962 SW Thomas Way, Gresham, OR 97080
0.01
$491,800
3
2
1,788
Off Market
2936 SW Thomas Way, Gresham, OR 97080
0.02
$510,300
Studio
2
1,905
Off Market
2995 SW Pleasant View Dr, Gresham, OR 97080
0.02
$541,200
3
1
1,239
Off Market
SW Thomas Way, Gresham, OR 97080
0.03
-
-
-
-
Off Market
2973 SW Thomas Way, Gresham, OR 97080
0.03
$508,700
3
3
1,974
Off Market
2961 SW Thomas Way, Gresham, OR 97080
0.03
$542,000
3
2
2,013
Off Market
3614 SW 28th Ter, Gresham, OR 97080
0.04
$503,400
3
2
1,790
Off Market
2937 SW Thomas Way, Gresham, OR 97080
0.04
$530,500
3
2
1,828
Off Market
3610 SW 28th Ter, Gresham, OR 97080
0.04
$495,700
3
2
1,819
Off Market
3602 SW 28th Ter, Gresham, OR 97080
0.04
$477,500
3
3
1,756
Off Market
2915 SW Pleasant View Dr, Gresham, OR 97080
0.04
$519,100
4
2
2,726
Off Market
2883 SW Thomas Way, Gresham, OR 97080
0.04
$555,500
4
2.5
2,522
Off Market
3576 SW 28th Ter, Gresham, OR 97080
0.04
$582,300
4
2
2,078
Off Market
3581 SW McKinley St, Gresham, OR 97080
0.05
$645,000
4
3
2,765
Off Market
3663 SW 30th Dr, Gresham, OR 97080
0.05
$587,300
4
3
2,282
Off Market
3569 SW McKinley St, Gresham, OR 97080
0.05
$583,100
3
2.5
2,209
Off Market
3569 SW McKinley St #38, Gresham, OR 97080
0.05
-
-
-
-
Off Market
3545 SW McKinley St, Gresham, OR 97080
0.05
$537,200
Studio
2
1,779
Off Market
3545 SW McKinley St #3722, Gresham, OR 97080
0.05
-
-
-
-
Off Market
3552 SW 28th Ter, Gresham, OR 97080
0.05
$494,400
3
2
1,788
Off Market

Local Information

  • Map ViewExplore the area around 2974 SW Thomas Way.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2004
1,891 sqft
$259/sqft
Garage

About this House

This single-family home is located at 2974 SW Thomas Way, Gresham, OR. 2974 SW Thomas Way is in the Southwest neighborhood in Gresham, OR and in ZIP code 97080. This property has 2 bathrooms and approximately 1,891 sqft of floor space. This property has a lot size of 5385 sqft and was built in 2004.
2974 SW Thomas Way, Gresham, OR 97080 is a studio, 2 bathroom, 1,891 sqft single-family home in Southwest, built in 2004. It last sold for $239,500 on Aug 29, 2003. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $490,600, with a rent estimate of $2,748/month.

Home Details for 2974 SW Thomas Way

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Composition
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2004Year Updated: 2004
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 5385 sqft

Price and Tax history

DateEventPrice
Aug 29, 2003
Source: N/A
Sold
$239,500

Market trends in Gresham

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$476K
$18.17KMoM
Sale-to-List Price
100.0%
Price per sq ft
$267
$7MoM
Available listings
364
6MoM
Sourced by Trulia Market Trends

Around this home

Neighborhood Overview

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

What Locals Say about Southwest

This October

Trick-or-Treat Score

Built from what locals say about Southwest.
  • 84% say there are sidewalks
  • 71% say there's holiday spirit
  • 61% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
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 2974 SW Thomas Way

  • What is 2974 SW Thomas Way estimated to be worth?
    Trulia's estimated value for 2974 SW Thomas Way in Gresham, OR is $490,600.
  • What is the price history for 2974 SW Thomas Way?
    2974 SW Thomas Way in Gresham, OR last sold for $239,500 in August 2003.
  • Is Gresham a buyer's or seller's market?
    Gresham is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Gresham?
    The median sale price in Gresham is $476K. That is up $18.17K from the prior month.
  • How big is the lot at 2974 SW Thomas Way?
    The lot at 2974 SW Thomas Way in Gresham, OR is about 0.12 acres (5,385 sq ft).
  • Does 2974 SW Thomas Way have a garage?
    Yes, 2974 SW Thomas Way in Gresham, OR has a garage.

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Apartments for Rent

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Off Market Homes Near 2974 SW Thomas Way

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