Gorham, ME Housing Market & Real Estate
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?
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
| Metric | Value |
|---|---|
| Median sale price | $570,000 |
| Median list price | $381,250 |
| Year-over-year price change | +21.8% |
| Average days on market | 8 days |
| Active inventory | 7 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 101.0% |
| Market condition | Strong 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
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
Gorham Middle School
Grades 6-8 · 668 students
Great Falls Elementary School
Grades K-5 · 500 students
Narragansett Elementary School
Grades PK-5 · 440 students
Village Elementary School-Gorham
Grades K-5 · 428 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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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.
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