Gorham, ME Real Estate & Property Data

Gorham Real Estate Market Trends
Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Gorham, ME 04038. ATTOM’s Gorham real estate data is updated daily, and current market trends show that in Gorham, ME a total of 238 residential properties have sold over the past year. With a median home price of $440,000 in Gorham and a total of 2 foreclosures. Get detailed property data for Gorham, ME instantly. ATTOM is your one-stop-shop for the Gorham property reports and real estate data you need in Gorham, ME.

Gorham Real Estate Market Trends
Total Residential Properties 6,155
Total Commercial Properties 181
Avg. Home Age (Single Family Home) 39 Years
Avg. Square Feet (Single Family Home) 1,808
Total 2025 Residential Sales (year-to-date) 30
% of Homes Seriously Underwater (Q2 2025) 0.45%
Total 2024 Residential Sales 227
% of Equity Rich Homes (Q2 2025) 57.3%
Effective 2024 Property Tax 0.99%
Total Foreclosure Filings (year-to-date) 3
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Gorham, ME 04038 Real Estate Overview

There were 238 residential properties sold in the past year in Gorham, ME 04038. The median home value in Gorham, ME 04038 is $542,234. There are a total of 6,155 residential properties in the 04038.

Median Sales Price i
$440,000
(Feb 2025)
-2.2%
year-over-year
y-o-y
  • February '25 Feb '25 $440,000
  • January '25 Jan '25 $485,000
  • December '24 Dec '24 $510,000
  • November '24 Nov '24 $643,500
  • October '24 Oct '24 $435,000
  • September '24 Sep '24 $427,500
  • August '24 Aug '24 $630,000
  • July '24 Jul '24 $573,272
  • June '24 Jun '24 $502,000
  • May '24 May '24 $516,000
  • April '24 Apr '24 $588,000
  • March '24 Mar '24 $479,000
Median Down Payment i
$141,000
(Feb 2025)
+4.4%
year-over-year
y-o-y
  • February '25 Feb '25 $141,000
  • January '25 Jan '25 $92,351
  • December '24 Dec '24 $112,200
  • November '24 Nov '24 $99,150
  • October '24 Oct '24 $79,055
  • September '24 Sep '24 $75,000
  • August '24 Aug '24 $117,000
  • July '24 Jul '24 $107,654
  • June '24 Jun '24 $113,500
  • May '24 May '24 $95,000
  • April '24 Apr '24 $50,800
  • March '24 Mar '24 $42,100
Number of Homes Sold i
15
(Feb 2025)
-16.7%
year-over-year
y-o-y
  • February '25 Feb '25 15
  • January '25 Jan '25 15
  • December '24 Dec '24 17
  • November '24 Nov '24 17
  • October '24 Oct '24 18
  • September '24 Sep '24 24
  • August '24 Aug '24 23
  • July '24 Jul '24 22
  • June '24 Jun '24 20
  • May '24 May '24 14
  • April '24 Apr '24 23
  • March '24 Mar '24 12
Number of Purchase Loans i
11
(Feb 2025)
+22.2%
year-over-year
y-o-y
  • February '25 Feb '25 11
  • January '25 Jan '25 10
  • December '24 Dec '24 13
  • November '24 Nov '24 15
  • October '24 Oct '24 17
  • September '24 Sep '24 20
  • August '24 Aug '24 14
  • July '24 Jul '24 18
  • June '24 Jun '24 18
  • May '24 May '24 13
  • April '24 Apr '24 12
  • March '24 Mar '24 7
Number of REFI Loans i
13
(Feb 2025)
+85.7%
year-over-year
y-o-y
  • February '25 Feb '25 13
  • January '25 Jan '25 21
  • December '24 Dec '24 23
  • November '24 Nov '24 18
  • October '24 Oct '24 20
  • September '24 Sep '24 15
  • August '24 Aug '24 19
  • July '24 Jul '24 16
  • June '24 Jun '24 15
  • May '24 May '24 25
  • April '24 Apr '24 20
  • March '24 Mar '24 16
Number of HELOC Loans i
5
(Feb 2025)
-16.7%
year-over-year
y-o-y
  • February '25 Feb '25 5
  • January '25 Jan '25 6
  • December '24 Dec '24 9
  • November '24 Nov '24 9
  • October '24 Oct '24 12
  • September '24 Sep '24 5
  • August '24 Aug '24 2
  • July '24 Jul '24 12
  • June '24 Jun '24 6
  • May '24 May '24 9
  • April '24 Apr '24 6
  • March '24 Mar '24 4

Gorham, ME 04038 Foreclosure Activity

There were a total of 2 Gorham, ME 04038 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
2
(Feb 2025)
+100%
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 1
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 2
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 1
  • March '24 Mar '24 N/A
Foreclosure Starts i
1
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 1
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 2
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 1
  • March '24 Mar '24 N/A
Completed Foreclosures (REOs) i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 1
  • March '24 Mar '24 N/A
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