Art Gallery · Photo: Patrick Higgins · CC BY-SA 3.087 homes sold in Gorham in the last year, at a typical $554K
About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Gorham homes are listed.
Every place Gorham homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Gorham.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A quarter of Gorham’s sales are condos, at $52K less than a house
64 houses and 19 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 64 sold in 12 months
- Per square foot
- $311ME $253
- Days to sell
- 33
- Sold over asking
- 55%
- Listings with a price cut
- 26%
typical sale · 19 sold in 12 months
- Per square foot
- $319ME $376
- Days to sell
- 56
- Sold over asking
- 11%
- Listings with a price cut
- 39%
Multi-family (2–4 units): 4 sold, typical $697K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 2.2 times the 2016 price
87 sales in the last year, against 137 in 2019 and a low of 79 in 2024. The typical sale went from $252K in 2016 to $554K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $550K buys in Gorham
Check a listing against what Gorham homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Gorham are more common than before the pandemic, but 44% fewer homes come up for sale
We read every month of Gorham’s home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 87 sales.
If you’re buying in Gorham
- Shop in August. It brings about 13 new listings a month, close to the busiest month, with fewer bidding wars (42% over asking).
- Less room to haggle. Only 19% of listings cut their price, against 25% before the pandemic.
- Bid near asking. Buyers paid 100.9% of the list price on average; 47% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 14 a month), but July is the most competitive: 53% of July sales close over asking. August offers nearly as much choice with fewer homes bid up (42%). February has the least competition (33%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Maine
| Gorham now | 2017–19 | 2021 peak | ME now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 47% | 35% | 73% | 28% |
| Gone within two weeksShare of homes under contract within 14 days | 48% | 45% | 58% | 32% |
| Listings with a price cutShare of homes for sale that cut their price | 19% | 25% | 25% | 22% |
| Price paid vs. askingAverage sale price ÷ list price | 100.9% | 99.9% | 105.8% | 98.1% |
| Days to sellMedian days from listing to contract | 36 | 28 | 13 | 57 |
12 homes for sale on a typical day
That’s 1.4 times the 2023 low (9), 44% fewer than in 2017–19 and well under 2017’s 24.
1 in 5 listings has cut its price
19% in the last year, against 25% in 2017–19 and 22% across Maine.
Since 2019, houses are up 79%, condos 80%
A house typically sold for $559K in the last year (64 sales), a condo for $506K (19).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Gorham ranks 2nd of 32 busy Maine markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Gorham is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Gorham home costs about $3,374 a month
Price: Gorham’s typical sale, last 12 months. Property tax at Gorham’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Gorham is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $554K home, about $5,800 a year.
Taxes vs. neighborsSchools
The schools grade for Gorham, from test results, graduation and how much students grow.
Schools in GorhamCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Windham sells for less a square foot; Oak Hill and Falmouth for far more
The busier markets within 25 miles of Gorham, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Windham | 283 | $515K | $293 | 42% | 37 |
| Westbrook | 272 | $485K | $331 | 54% | 35 |
| Falmouth | 220 | $994K | $390 | 32% | 47 |
| Oak Hill | 107 | $570K | $386 | 34% | 40 |
| Gorham | 87 | $554K | $306 | 47% | 36 |
| North Windham | 63 | $456K | $299 | 41% | 24 |
| Steep Falls | 25 | $459K | $310 | 32% | 65 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Gorham, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Gorham. People who follow the town see it, and so do people comparing Gorham with their own town. No commission, no listing fee.
Questions about buying a home in Gorham
What do homes sell for in Gorham, ME?
87 homes sold in the year to May 2026 at a typical $554K, $306 a square foot. Houses sold for about $559K, condos for about $506K.
Is Gorham a buyer’s or seller’s market?
A seller’s market: 17 homes were for sale in May 2026 and 7 sold, about 2.4 months of supply. Buyers paid 100.9% of asking on average, and 19% of listings cut their price.
When is the best time to buy in Gorham?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Gorham?
About 1.1% of a home’s value a year. On a $554K home that’s near $5,800.
Where can I see homes for sale in Gorham?
Zillow, Redfin, Realtor.com and Homes.com all carry Gorham’s MLS listings; the search links above open each one filtered to Gorham.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).