$515,377
$3,000 since July
This home's estimate is 5.1% lower than the average sale price ($543K) of 6 comparable homes.
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OFF MARKET
$515,377
3
bd•
2 ba
•
1,469
sq ft
40 Running Springs Rd, Gorham, ME 04038
About this home
40 Running Springs Rd is a 1,469 square foot house on a 0.52 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Gorham data, we estimate the home's value is $515,377.
Single-familyProperty Type
1978Year Built
0.52 acresLot Size
$351Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
Earn from this home
Sell
$483,710
Est. take-home
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Rent
$3,291/mo
Redfin rental estimate
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Market trends in 04038, ME
Last updated July 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-List Price
102.2%
+0.9% MoM
Median sale price
$645K
$10K MoM
Avg. days on market
19d
5 days MoM
Recently sold homes
94
33 MoM
New listings for sale
Provided by Redfin
Property details
Around this home
Village Elementary School-Gorham
Public K-5 • Assigned • 0.7mi
Gorham Middle School
Public 6-8 • Assigned • 0.4mi
Gorham High School
Public 9-12 • Assigned • 0.3mi
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 8.4 hours in June and 4.2 hours in December, placing it below the U.S. average for solar exposure.
JuneDecember
Provided by Shadowmap
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