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Rent To Own 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 $516,298.
In Gorham, ME, how many homes are available?
There are currently 9 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 $5,625,698.
What is currently the cheapest priced home in Gorham, ME?
The cheapest home for sale in Gorham is priced at $33,376.

Living in Gorham, ME

Gorham, Maine, is a beautiful suburban town located near Portland, offering residents a peaceful lifestyle with convenient access to urban amenities. With excellent schools and abundant outdoor activities, it's a perfect choice for families. The community atmosphere is welcoming, making it easy to feel at home in this charming locale.

Current Market Conditions in Gorham, ME

The Gorham real estate market is currently showing a strong demand, particularly for single-family homes. The rise in interest due to its proximity to Portland and attractive community features has solidified Gorham as a desirable place to live. Buyers are interested in the affordable housing options, coupled with the town's amenities and school ratings.

There has been a noticeable trend of increasing property values in Gorham over the past year, with many homes seeing appreciation. This growth is bolstered by the area's robust market fundamentals, which include job growth and population increases as more families and professionals move to the area.

Home Value Estimator For Gorham, ME

There are currently 6,227 real estate properties in Gorham, ME, with a median automated valuation model (AVM) price of $511,445.00. 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 $516,298.00, with the most expensive house in Gorham, ME, topping out at $5,625,698.00 and the cheapest home in Gorham, ME, clocking in at $33,376.00. 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 Rent To Own Homes

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