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Gorham, ME

Full City Profile · Maine · Cumberland County County

3.9 /5.0
B+ Good
7,365 Population 961/sq mi density
$125,058 Median Income $50,199 per capita
$459,000 Home Value $523,850 Zillow
$1,518 Median Rent 31.8% income on rent
48°F Avg Temperature 246 sunny days/yr
39 Violent Crime/100K 735 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$125,058 median income, 2.2% unemployment
A+
Affordability
4.6 / 5.0
$459,000 home value, $1,518/mo rent
F
Safety
1.0 / 5.0
39 violent crimes/100K
A+
Education
5.0 / 5.0
51.1% bachelor's degree or higher

Housing Overview

Median Home Value
$459,000
63% above
US avg: $281,900
Median Rent
$1,518/mo
31% above
US avg: $1,163/mo
Homeownership Rate
79.3%
21% above US avg (65.4%)
Total Housing Units
2,476
Median year built: 1984

Home Value by Source

Census Median
$459,000
Zillow (ZHVI)
$523,850
Median Sale Price
$570,000
Median List Price
$381,250
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.3%
Owner-Occupied
20.7%
Renter-Occupied
79%
21%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,108/mo
1 Bedroom
$1,186/mo
2 Bedroom
$1,497/mo
3 Bedroom
$1,951/mo
4 Bedroom
$2,190/mo
Census median rent: $1,518/mo

Market Indicators (Redfin)

Median Days on Market
8 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
57.1%
of listings with price reduction
Price Per Sq Ft
$288
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
31.8%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
79.3%

Complete Housing Data

Home Values

Census Median Value$459,000
Zillow Home Value (ZHVI)$523,850
Median Sale Price$570,000
Median List Price$381,250
Price Per Sq Ft$288

Rent

Census Median Rent$1,518
FMR Studio$1,108
FMR 1-Bedroom$1,186
FMR 2-Bedroom$1,497
FMR 3-Bedroom$1,951
FMR 4-Bedroom$2,190

Market

Days on Market8
Sale-to-List Ratio1.0%
Price Drops57.1%
Homes Sold5
Active Inventory7
Price Per Sq Ft$288

Ownership & Stock

Owner-Occupied79.3%
Renter-Occupied20.7%
Homeownership Rate79.3%
Total Housing Units2,476
Median Year Built1984
Rent Burden31.8%