Current Price

$517,225

1 Month Forecast

â–² $548,844

1-Year Forecast *

â–² $576,751

5-Year Forecast *

â–² $680,415

"Is it a good time to buy homes in Gorham?" "Does investing in real estate in Gorham (Maine State, Cumberland County) worth it?" According to our live Forecast System, buying a house in Gorham is a good short-term (1-year) investment*. The Gorham average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Gorham" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Gorham in Maine State, Cumberland County. If you are looking for homes for sale with good flipping profit, Gorham can be a profitable property investment option. The median price of an average house in Gorham was 517,225 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Gorham" area is 680,415 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +31.55% meaning that investing 100000 USD today may yield a profit of 31,551 USD by 2031.

Current Median Listing Price: 517,225 USD Median Listing Price Per Square Foot: 287 USD

Gorham Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Gorham (Maine State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Gorham Price Target

Gorham median home price target in 12 months: $576,751* (upside of 11.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $549,463 $544,982 $544,982 $549,463
2024 $494,683 $517,225 $494,683 $517,225
2023 $448,073 $491,581 $448,073 $491,581
2022 $405,868 $446,176 $405,868 $450,987
2021 $352,683 $401,556 $352,683 $401,556
2020 $308,633 $346,996 $308,633 $346,996
2019 $294,007 $306,189 $294,007 $306,189
2018 $279,773 $294,266 $279,773 $294,478
2017 $263,377 $278,990 $263,377 $278,990
2016 $242,199 $261,209 $242,199 $261,209
2015 $227,661 $240,696 $227,661 $240,696
2014 $221,635 $227,725 $221,635 $227,725
2013 $211,918 $221,504 $211,521 $221,504
2012 $209,647 $211,889 $209,647 $211,889

Questions & Answers about the Gorham Housing Market Forecast

How much does an average home cost in Gorham today?

The value of an average home (the listing price) in Gorham is $517,225 USD.

What is the average price per square foot in Gorham?

According to Walletinvestor the median price per square foot in Gorham is 287 USD.

Will the median listing price of homes in Gorham grow / rise / go up?

Yes. The Gorham home prices may rise from 517,225 USD to 576,751 USD in one year.

Is it profitable to invest in Gorham homes?

Yes. The long-term profit potential is +11.51% in one year.

Will Gorham house prices fall / drop?

No. See above.

What is the predicted price of a Gorham home in 2030?

The predicted home sales price of a Gorham home in 2030 in Gorham is 662,053 USD.

What is the predicted price of a Gorham home in 2035?

The predicted home sales price of a Gorham home in 2035 in Gorham is 821,275 USD.

Will real estate prices decrease in Gorham?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Gorham is the 3461. largest city in the United States, located in Maine State.

During the last 12 months the real estate prices in Cumberland, Gorham decreased, looking at the past 12 months.

According to Walletinvestor's Gorham real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.440% to 517,225 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 9.879% in 2021
  • 11.499% in 2022
  • 13.419% in 2023
  • 11.199% in 2024
  • 10.199% in 2025
  • 10.959% in 2026

Based on our Gorham real estate market research and report the predicted sales prices will increase by 197.226% in the next 10 years.

Over the last 12 months, the value of homes in Gorham fluctuated: decreasing 4 times.

Gorham (Maine) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Gorham Housing Market Forecast with Real Estate Prices for 2025
August 2025 548844 517011 580677
September 2025 552733 503540 601926
October 2025 556649 511561 601738
November 2025 560594 512943 608244
December 2025 564023 516645 611401
Gorham Housing Market Forecast with Real Estate Prices for 2026
January 2026 563216 531676 594756
February 2026 561660 525152 598167
March 2026 562152 529547 594757
April 2026 564663 529089 600236
May 2026 568664 523739 613588
June 2026 572693 530314 615072
July 2026 576751 533495 620007
August 2026 580838 539017 622658
September 2026 584953 552781 617126
October 2026 589098 536079 642117
November 2026 592834 543629 642039
December 2026 591546 545405 637687
Gorham Housing Market Forecast with Real Estate Prices for 2027
January 2027 589180 540278 638082
February 2027 586824 532249 641398
March 2027 586485 541913 631058
April 2027 588830 531714 645947
May 2027 591333 554671 627996
June 2027 593899 560047 627751
July 2027 596909 555722 638095
August 2027 601138 548839 653437
September 2027 605398 573312 637484
October 2027 609687 564570 654804
November 2027 614007 571027 656988
December 2027 618358 567653 669064
Gorham Housing Market Forecast with Real Estate Prices for 2028
January 2028 622740 572298 673182
February 2028 627152 595167 659137
March 2028 630229 571618 688840
April 2028 633970 575011 692929
May 2028 637970 600330 675610
June 2028 642491 591734 693248
July 2028 647043 593986 700101
August 2028 651628 612530 690726
September 2028 656245 611621 700870
October 2028 657863 608524 707203
November 2028 657248 618470 696025
December 2028 656850 591165 722535
Gorham Housing Market Forecast with Real Estate Prices for 2029
January 2029 657234 613856 700611
February 2029 658869 604183 713555
March 2029 659984 602565 717402
April 2029 660378 626698 694057
May 2029 665057 628479 701635
June 2029 663900 606141 721659
July 2029 662053 605117 718990
August 2029 661519 625135 697903
September 2029 661112 616157 706068
October 2029 660869 619234 702504
November 2029 659633 625332 693934
December 2029 664307 629099 699516
Gorham Housing Market Forecast with Real Estate Prices for 2030
January 2030 669014 604120 733909
February 2030 673755 615138 732372
March 2030 678529 639853 717205
April 2030 682680 623287 742073
May 2030 681703 627848 735558
June 2030 679819 645828 713810
July 2030 680415 615775 745054
August 2030 683454 639713 727195
September 2030 688297 651817 724776
October 2030 693174 649504 736844
November 2030 698085 654804 741367
December 2030 703032 658741 747323
Gorham Housing Market Forecast with Real Estate Prices for 2031
January 2031 708013 661284 754742
February 2031 713030 667396 758664
March 2031 717551 677368 757734
April 2031 715993 667305 764680
May 2031 713129 661784 764474
June 2031 710277 639960 780594
July 2031 709868 665856 753879
August 2031 712705 643573 781838
September 2031 715735 661340 770131
October 2031 718841 662771 774911
November 2031 722483 679857 765110
December 2031 727603 660663 794542
Gorham Housing Market Forecast with Real Estate Prices for 2032
January 2032 732758 688060 777457
February 2032 737951 682604 793297
March 2032 743180 701561 784798
April 2032 748445 680337 816554
May 2032 753749 695710 811787
June 2032 759090 686217 831962
July 2032 762814 688821 836807

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.