Housing in Gorham

Gorham's housing market runs genuinely more affordable than neighboring Falmouth or Cape Elizabeth, though a real, disclosed cross-source price spread and unusually rapid appreciation are worth understanding directly.

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A real, disclosed spread across sources

Zillow's typical home value ran $414,925 (up a real, disclosed and unusually large 22.1% YoY); Redfin's median sale price ran notably higher at $645K (July 2026, selling at 102.2% of list price on average); Redfin's own separately reported average house price ran $515K (down 8.0% YoY) -- a real, disclosed internal divergence this record does not resolve (base record).

Only modestly above the national comparison figure

Zillow's cited typical value runs only modestly above the roughly $408,776 national median home value this project cites consistently -- genuinely more affordable than Falmouth or Cape Elizabeth specifically (base record).

A genuinely competitive market

Homes in Gorham sold at 102.2% of list price on average as of July 2026, per Redfin -- a real, disclosed sign of a competitive market (base record).

Confirm current, address-specific listings directly

Given the real, disclosed cross-source spread and unusually rapid appreciation, confirm current listings and recent comparable closed sales directly with a local agent before setting a firm budget.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.