The Unshakable Investor

Unshakable ZIP Data 04038 | Gorham, ME Housing Market

Gorham · Cumberland County · Portland-South Portland, ME metro · Maine · Data updated June 19, 2026

The median sale price in ZIP 04038, Gorham, Maine is $634,812 at $302 per square foot. 63 single-family homes sold in the latest period, up 65.3 percent from a year earlier. Homes sit a median of 27 days on market with 1.7 months of supply. Sellers are getting 101.3 percent of list price and 50.8 percent of homes sold above asking.

Seller's market. No room for sloppy offers.

Value anchors

MetricValueYear over year
Average single-family value$552,362
Average price per sq ft$263
Median sale price$634,812
Median sale price per sq ft$302
Median home size2,101 sq ft
Median new listing price$643,499+14.9%
National size rank6,735

Sales activity

MetricValueYear over year
Homes sold63+65.3%
Median days on market27 days
Months of supply1.7 months
New listings84+18.7%
Active listings114+10.1%
Pending sales88+20.8%

Pricing power

MetricValueYear over year
Average sale-to-list ratio101.3%+1.5 pts
Share sold above list50.8%+11.4 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

1-bedroom
$386,008
2-bedroom
$438,311
3-bedroom
$549,565
4-bedroom
$661,541
5-bedroom
$673,233

These figures describe the single-family market for Gorham, Maine ZIP 04038. They are market context, not a substitute for sold comps or a formal appraisal.