Housing in Gorman, NC

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — October 2025

Median Sale Price

$165,000

Median List Price

N/A

Price Per Sq Ft

$190

Days on Market

12

Active Inventory

1

Months of Supply

1.0

Seller's market

Price Trends

Source: Redfin
Sale Price 50.0%List Price 5.1%May 24Oct 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

100.0%

Sale-to-List Ratio

94.3%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
100.0%

Market Activity

Source: Redfin

Homes Sold

1

Pending Sales

1

Homes Sold 0.0%New Listings 50.0%Pending 0.0%May 24Oct 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$190

Sale $/SF 7.8%List $/SF 10.8%May 24Oct 25

Gorman vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Gorman 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

$248,000

Median Rent

$1,299

Total Housing Units

487

Vacancy Rate

9.2%

Owner Occupied

60.6%

Renter Occupied

39.4%

Median Property Tax

$1,674

per year

Monthly Cost (w/ Mortgage)

$1,180

Housing Types

Single Family
79.5%
Multi-Family
3.3%
Mobile Home
17.3%

The current median sale price in Gorman, NC is $165,000 according to Redfin data. Homes spend a median of 12 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $190. The median rent is $1,299 per month (Census ACS). About 60.6% of housing units are owner-occupied. The median year homes were built is 1967. There are 487 total housing units.