Multi-family Foreclosures in Gorham, ME

Current Market Conditions in Gorham, ME

The real estate market in Gorham has shown consistent growth over the past few years, making it a desirable place for investment. With a steady demand for housing, particularly among families moving from nearby urban centers, property values have been on the rise.

Currently, homes in Gorham are selling quickly, with many receiving multiple offers. Investors can expect a strong rental market as well, with a high occupancy rate due to the area's appeal to residents who commute to Portland.

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.