Gorham, ME
Housing market overview · Updated weekly
$570,000median sale price
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
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
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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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