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.

Home Value$520,660

-0.6%

Rent$3,000/mo

Prices falling — better for buyers.

Affordability

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Income (annual)

Down Payment

$104,132 on $520,660

Example: $75,000 household income. Change it above to see your own.

Out of reach53.2% of income

Need $142,414/yr to afford.

PITI$3,323

P/I53.2%

Afford$274K

Gap-$246K

P&I $2,633Tax $590Ins $100

Renting $323/mo cheaper ($3,000 rent)6.50% 30yr, 20% down, county tax + ME ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Maine

Compare Gorham with other housing markets across Maine.

Kennebunkport$1.05M Ogunquit$879K Falmouth$863K Southport$856K Mount Desert$844K Cape Elizabeth$832K South Bristol$761K York$735K

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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Gorham, ME