Market Summary

Gorham, Cumberland County, ME

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Median Home Price Price

$520,637 $520.6K

Median Monthly Rent Rent

$2,127 $2.1K

GRM

20.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Cumberland County

Region Price Rent GRM Display
$542,118 $1,937 23.0x
$492,676 $2,220 18.0x
$418,346 $2,416 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets within ME outside of Cumberland County

Region Price Rent GRM Display
$455,221 $1,690 22.0x
$356,077 $1,464 20.0x
$310,450 $1,352 19.0x
$387,454 $2,200 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of ME

Region Price Rent GRM Display
$369,931 $1,525 20.0x
$533,660 $2,066 22.0x
$350,921 $1,539 19.0x
$420,489 $2,213 16.0x
$511,867 $2,115 20.0x
$467,064 $2,035 19.0x
$631,893 $2,190 24.0x
$747,307 $2,313 27.0x
$661,735 $2,547 22.0x
$504,762 $1,813 23.0x
$657,635 $2,499 22.0x
$603,502 $2,429 21.0x
$665,743 $2,930 19.0x
$796,234 $2,293 29.0x
$653,209 $1,785 30.0x
$866,008 $2,138 34.0x
$459,617 $2,388 16.0x
$349,966 $1,261 23.0x
$552,755 $2,064 22.0x
$598,717 $2,412 21.0x
$463,552 $1,749 22.0x
$792,056 $2,394 28.0x
$486,916 $2,042 20.0x
$954,999 $4,238 19.0x
$518,853 $1,764 25.0x
$303,986 $1,414 18.0x
$400,876 $1,752 19.0x
$903,892 $2,121 35.0x
$551,021 $2,303 20.0x
$744,691 $1,833 34.0x
$564,205 $2,232 21.0x
$468,605 $2,128 18.0x

Home prices

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Monthly rent

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GRM

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Gorham

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Trend Insights

Median Rent in Gorham, ME is $2,127, with MoM change +$11 and YoY change +$73 pointing to positive momentum while volatility is low (std $16).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Gorham, ME.

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Metric
Base market Gorham, ME
Compare market Select a market
Delta vs base
Median rent
$2,127
N/A
Median price
$520,637
N/A
YoY change
+$73
N/A
Price-to-rent
20.4x
Data unavailable
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