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Foreclosure Homes in Gorham, IL 62940

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Gorham, IL Foreclosures

Current Market Conditions in in Gorham, IL As of June 2026?
Home values: +5.19% MoM; rent: +0.00% MoM.
How much do homes sell for in Gorham, IL?
The average home price is currently $131,684.
What’s the average rental cost in Gorham, IL?
The average rental price in Gorham is $900.
What is the most expensive home in Gorham?
The most expensive home sold in Gorham had a price of $1,644,342.
What is currently the cheapest priced home in Gorham, IL?
The cheapest home for sale in Gorham is priced at $11,226.

Living in Gorham, IL

Gorham, Illinois is a small Jackson County village near the Mississippi River, offering low-cost housing opportunities, rural surroundings, and access to Southern Illinois recreation and regional services.

Buyer vs Seller Market in Gorham, IL

Median home value: $73,702 as of 2026-05-14.

Median rent: $850 as of 2026-05-14.

Home values: +5.19% MoM, +14.21% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Gorham, IL

There are currently 196 real estate properties in Gorham, IL, with a median automated valuation model (AVM) price of $73,702.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gorham, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Gorham, IL, is $131,684.00, with the most expensive house in Gorham, IL, topping out at $1,644,342.00 and the cheapest home in Gorham, IL, clocking in at $11,226.00. In other words, there’s something for every potential homebuyer or savvy investor in Gorham, IL!

Rent Prices In Gorham, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gorham, IL, is on a rollercoaster ride. The average rent price in Gorham, IL, is $900.00. Indeed, when looking to rent in Gorham, IL, you can expect to pay as little as $600.00 or as much as $1,960.00, with the average rent median estimated to be $850.00. The good news is that finding an affordable and desirable property to rent in Gorham, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Gorham, IL 62940 Foreclosures


Market Trend for Gorham, IL

Total Listings Available: 0

Market Values:

Home Prices from $11,226 to $1,644,342

Average Sales Price: $131,684

Rental Values:

Rental from $600 to $1,960

Average Rent Value: $900 / month

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