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Foreclosure Homes in Gorham, ME

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Gorham, ME Foreclosures

How much do homes sell for in Gorham, ME?
The average home price is currently $515,397.
In Gorham, ME, how many homes are available?
There are currently 15 active home listings available in Gorham.
What’s the average rental cost in Gorham, ME?
The average rental price in Gorham is $1,508.
What is the most expensive home in Gorham?
The most expensive home sold in Gorham had a price of $5,953,935.
What is currently the cheapest priced home in Gorham, ME?
The cheapest home for sale in Gorham is priced at $33,195.

Living in Gorham, ME

Gorham, ME is a vibrant community characterized by its scenic landscapes, excellent educational opportunities, and strong civic engagement. With a perfect blend of outdoor activities and small-town charm, it's an ideal place for families and professionals alike. The town's proximity to Portland offers easy access to urban amenities while maintaining a cozy suburban feel.

Current Market Conditions in Gorham, ME

The real estate market in Gorham, ME has been steadily growing, with increasing demand for single-family homes and townhouses. Buyers are particularly interested in the suburban lifestyle that Gorham offers, balancing community atmosphere with easy access to urban amenities in Portland. The market has seen a diverse range of new constructions and renovations, appealing to both first-time buyers and seasoned homeowners looking to downsize.

Home Value Estimator For Gorham, ME

There are currently 6,228 real estate properties in Gorham, ME, with a median automated valuation model (AVM) price of $508,192.00. 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, ME, 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, ME, is $515,397.00, with the most expensive house in Gorham, ME, topping out at $5,953,935.00 and the cheapest home in Gorham, ME, clocking in at $33,195.00. In other words, there’s something for every potential homebuyer or savvy investor in Gorham, ME!

Rent Prices In Gorham, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gorham, ME, is on a rollercoaster ride. The average rent price in Gorham, ME, is $1,508.00. Indeed, when looking to rent in Gorham, ME, you can expect to pay as little as $780.00 or as much as $2,610.00, with the average rent median estimated to be $1,520.00. The good news is that finding an affordable and desirable property to rent in Gorham, ME -- 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, ME Foreclosures


Market Trend for Gorham, ME

Total Listings Available: 15

Market Values:

Home Prices from $33,195 to $5,953,935

Average Sales Price: $515,397

Rental Values:

Rental from $780 to $2,610

Average Rent Value: $1,508 / month

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