Gorham, ME Housing Market & Real Estate

Strong seller's market+21.8% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Gorham, ME is $570,000, up 21.8% year-over-year. Homes sell in an average of 8 days with 7 active listings. The market is currently a strong seller's market.

$570,000median sale price

Is Gorham a buyer's or seller's market?

Strong seller's market1.4 months of supply8 avg. days on market

Gorham, ME is currently a strong seller's market, based on 1.4 months of supply and homes selling in about 8 days. How we determine this →

Homes sold

5

Last 12 weeks

Days on market

8

Fast-moving

Active listings

7

1.4 months supply

Sale-to-list

101.0%

Above asking

Gorham, ME market data

Current housing market statistics for Gorham, ME
MetricValue
Median sale price$570,000
Median list price$381,250
Year-over-year price change+21.8%
Average days on market8 days
Active inventory7 listings
Months of supply1.4 months
Sale-to-list price ratio101.0%
Market conditionStrong seller's market

Source: Redfin · Updated weekly

The Gorham housing market is currently classified as a strong seller's market with a median sale price of $570,000. Prices have risen 21.8% compared to last year, with homes spending an average of 8 days on market, indicating 1.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Gorham

There are currently 7 homes listed for sale in Gorham, Maine. The median listing price is $381K.

Active listings

7

Homes on market

Median list price

$381K

Avg. days on market

8

Days until sale

New this week

2

Newly listed

Price drops:57.1%of listings
Sale-to-list:101.0%

Top public schools in Gorham

5 schools tracked · 2,849 students

The largest public schools serving Gorham, ME by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Gorham High School

Grades 9-12 · 813 students

Public

Gorham Middle School

Grades 6-8 · 668 students

Public

Great Falls Elementary School

Grades K-5 · 500 students

Public

Narragansett Elementary School

Grades PK-5 · 440 students

Public

Village Elementary School-Gorham

Grades K-5 · 428 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in ME

Frequently asked questions

What is the average home price in Gorham?

The median home sale price in Gorham is $570,000, up 21.8% from last year.

How long do homes stay on market in Gorham?

Homes typically spend 8 days on market before going under contract.

Is Gorham a buyer's or seller's market?

With 1.4 months of supply, Gorham is currently a strong seller's market.

Pre-launch · for real estate professionals

Reserve a slot on this page

Get your brokerage in front of buyers actively shopping this city on the Gorham, ME market page when featured listings launch in the next 1-2 weeks. One brokerage slot per page, billed monthly once live.

$100 / month

Reserve slot

Get Gorham market alerts

Weekly updates on prices, inventory, and trends. Free forever.