The median home in Gorham, Maine is valued at $520,660, down 0.6% year over year. Typical monthly rent is $3,000, producing a price-to-rent ratio of 14.5x — below the national average of 18x. Gorham is part of the Portland-South Portland, ME metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
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Home Value$520,660
-0.6%
Rent$3,000/mo
AFFORDABILITYRenting $323/mo cheaper ($3,000 rent)6.50% 30yr, 20% down, county tax + ME ins. 28% per HUD.
Enter your income for Gorham.
$104,132 on $520,660
Out of reach — 53.2% of income
Need $142,414/yr to afford.
PITI$3,323
P/I53.2%
Afford$274K
Gap-$246K
P&I $2,633Tax $590Ins $100
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Maine
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Full Portland-South Portland, ME analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Portland-South Portland, ME metro.
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