House Prices

South Gorham Gorham, ME House Prices & Home Values 2026


Average Data

average house price$561,226
average size per house2240 ft²
average price per ft²275 $ / ft²

05/21/2026 - The value range (VR) for house prices in South Gorham Gorham, ME is $261.25/ sqft to $288.75/ sqft. An average home with 2240 sqft costs approximately $641,965 to $709,540. Gorham, ME includes 1 ZIP codes and it is located in Cumberland county. The lowest prices are found in ZIP 04038, while the highest are in ZIP 04038. The average price per sqare feet is $275. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes South Gorham Gorham

04038286 $ / ft²




Historical development of home values in South Gorham Gorham

Year Estimated value (USD) Change vs. 2025
2010 $260,644 -53.6%
2011 $250,564 -55.4%
2012 $249,890 -55.5%
2013 $259,230 -53.8%
2014 $272,120 -51.5%
2015 $286,086 -49.0%
2016 $301,016 -46.4%
2017 $317,263 -43.5%
2018 $334,803 -40.3%
2019 $350,328 -37.6%
2020 $368,438 -34.4%
2021 $419,058 -25.3%
2022 $488,528 -13.0%
2023 $515,175 -8.2%
2024 $544,979 -2.9%
2025 $561,226 0.0%

Graph: estimated home values in South Gorham Gorham over time (USD)



Example: 100% financing house in South Gorham Gorham

Loan amount: $561,226

Interest rate: 6.58%

Fixed monthly payment: $3,577.65

Breakdown in the 1st month:
Interest portion: $3,078.32  –  Principal portion: $499.32

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $36,755.79 $6,176.00 $555,050.00
2 $36,336.79 $6,595.00 $548,455.00
3 $35,889.37 $7,042.42 $541,412.57
4 $35,411.60 $7,520.19 $533,892.38
5 $34,901.41 $8,030.38 $525,862.00
6 $34,356.61 $8,575.18 $517,286.81
7 $33,774.85 $9,156.94 $508,129.87
8 $33,153.62 $9,778.17 $498,351.70
9 $32,490.25 $10,441.55 $487,910.15
10 $31,781.87 $11,149.93 $476,760.22
11 $31,025.43 $11,906.36 $464,853.86
12 $30,217.67 $12,714.12 $452,139.74
13 $29,355.12 $13,576.68 $438,563.06
14 $28,434.04 $14,497.75 $424,065.31
15 $27,450.48 $15,481.31 $408,584.00
16 $26,400.19 $16,531.60 $392,052.40
17 $25,278.65 $17,653.15 $374,399.25
18 $24,081.02 $18,850.78 $355,548.47
19 $22,802.14 $20,129.66 $335,418.82
20 $21,436.49 $21,495.30 $313,923.51
21 $19,978.20 $22,953.59 $290,969.92
22 $18,420.97 $24,510.82 $266,459.10
23 $16,758.10 $26,173.69 $240,285.41
24 $14,982.41 $27,949.38 $212,336.03
25 $13,086.26 $29,845.53 $182,490.50
26 $11,061.47 $31,870.32 $150,620.17
27 $8,899.31 $34,032.48 $116,587.69
28 $6,590.47 $36,341.33 $80,246.36
29 $4,124.99 $38,806.81 $41,439.55
30 $1,492.24 $41,439.55 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in South Gorham Gorham, ME


1500 sqft3900 sqft
Ø selling price$547,541$1,164,768
Ø fast selling$497,764$1,048,291
Ø high price sale$597,317$1,281,244

In 2026, houses in South Gorham Gorham, ME will be offered at an average price of $275 per square foot. A 1,500 sqft home priced at $547,541 is 25.23% more expensive per square foot than a 3,900 sqft home priced at $1,164,768. Home prices in South Gorham Gorham, ME vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $806,378. Sellers who can wait longer may achieve a higher price of up to $985,573.

FAQ – Home Values in South Gorham Gorham

What is the median home value in South Gorham Gorham in 2026?

In 2026, the typical home value in South Gorham Gorham is about $561,226 for an average home size of 2240 square feet. This corresponds to an average price of roughly $275 per square foot.

What is the average cost per square foot in South Gorham Gorham?

In 2026, homes in South Gorham Gorham sell for an average of around $275 per square foot, with a typical range between $261.25 and $288.75 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in South Gorham?

The average home size in South Gorham Gorham is about 2240 square feet, with an estimated 2026 value around $561,226.



Neighborhoods close to South Gorham Gorham, ME

Dry Mills Gray, ME169 $ / ft²
Harrison Village Harrison, ME186 $ / ft²
Hiram Hiram, ME189 $ / ft²
Fryeburg Village Fryeburg, ME152 $ / ft²
Freeport Village Freeport, ME242 $ / ft²
East Sebago Sebago, ME179 $ / ft²
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