All Home Types
Gorham, ME Housing Market
What is the housing market like in Gorham today?
In October 2024, Gorham home prices were down 38.4% compared to last year, selling for a median price of $400K. There were 9 homes sold in October this year, up from 8 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$400,000
-38.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Gorham, ME
$400,000
-38.4%
United States
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Gorham Migration & Relocation Trends
In Sep '24 - Nov '24, 28% of Gorham homebuyers searched to move out of Gorham, while 72% looked to stay within the metropolitan area.
- Across the nation, 0.82% of homebuyers searched to move into Gorham from outside metros.
- Boston homebuyers searched to move into Gorham more than any other metro followed by New York and Washington.
Where are people moving to Gorham from?
- 72% of Gorham homebuyers searched to stay within the Gorham metropolitan area.
- Bangor was the most popular destination among Gorham homebuyers followed by Augusta and Cape Coral.
Where are people from Gorham moving to?
Number of People Moving to Gorham
least
most
People are moving to Gorham from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 4,313 | ||
| 2 | 710 | ||
| 3 | 476 | ||
| 4 | 237 | ||
| 5 | 229 | ||
| 6 | 226 | ||
| 7 | 112 | ||
| 8 | 112 | ||
| 9 | 104 | ||
| 10 | 78 | ||
People are leaving Gorham for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 91 | ||
| 2 | 59 | ||
| 3 | 20 | ||
| 4 | 16 | ||
| 5 | 16 | ||
| 6 | 13 | ||
| 7 | 9 | ||
| 8 | 6 | ||
| 9 | 5 | ||
| 10 | 3 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
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