Housing in Gorham, ME
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$775,000
Median List Price
$550,000
Price Per Sq Ft
$363
Days on Market
125
Active Inventory
12
Months of Supply
12.0
Buyer's market
Zillow Home Value
$520,660
ZHVI — January 2026
Zillow Rent Index
$3,000
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
42.9%
Sale-to-List Ratio
97.0%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
11
Pending Sales
7
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$363
Median List $/SF
$301
Gorham vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Gorham is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$459,000
Median Rent
$1,518
Total Housing Units
2,559
Vacancy Rate
2.2%
Owner Occupied
79.3%
Renter Occupied
20.7%
Median Property Tax
$5,102
per year
Monthly Cost (w/ Mortgage)
$2,057
Housing Types
The current median sale price in Gorham, ME is $775,000 according to Redfin data. Homes spend a median of 125 days on the market. 0.0% of homes sold above asking price. The market has 12.0 months of supply. The median price per square foot is $363. Zillow's observed rent index is $3,000/month. About 79.3% of housing units are owner-occupied. The median year homes were built is 1991. There are 2,559 total housing units.