Home / Select Cities  /  2024 Comparing Madison, ME vs. Gorham, ME

2024 Compare Cities Housing:
Madison, ME vs Gorham, ME

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Highlights
- The median age of a home in Madison is 5.1% older than the median age of a home in Gorham.

Housing
 Madison, MEGorham, MEUnited States
 Median Home Age393742
 Median Home Cost$173,000$447,200$338,100
 Home Appr. Last 12 months20.6%16.2%16.6%
 Home Appr. Last 5 yrs.71.4%66.0%57.0%
 Home Appr. Last 10 yrs.82.1%95.8%101.1%
 Property Tax Rate$15.5$12.9$11.0
 Homes Owned59.0%80.0%57.4%
 Housing Vacant22.5%2.6%11.2%
 Homes Rented18.5%17.4%31.4%
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 Avg Rent For Home Or Apartment
 Madison, MEGorham, MEUnited States
 Average Rent$1,150$2,170$1,840
 Studio Apartment$740$1,170$1,080
 1 Bedroom Home or Apartment$740$1,350$1,180
 2 Bedroom Home or Apartment$940$1,740$1,430
 3 Bedroom Home or Apartment$1,170$2,200$1,860
 4 Bedroom Home or Apartment$1,320$2,510$2,160
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 Vacant Housing
 Madison, MEGorham, MEUnited States
 Vacant For Rent0.0%0.0%1.9%
 Vacant Rented0.0%0.0%0.4%
 Vacant For Sale3.5%0.0%0.7%
 Vacant Sold0.8%0.8%0.4%
 Vacant Vacation16.0%0.0%3.6%
 Vacant Other2.3%1.8%4.1%
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 Owner-Occupied Housing Value
 Madison, MEGorham, MEUnited States
 Less Than $20,0000.0%2.0%2.6%
 $20,000 to $39,9999.7%2.1%2.4%
 $40,000 to $59,9996.3%0.4%2.8%
 $60,000 to $79,99920.8%0.3%3.9%
 $80,000 to $99,9991.8%1.5%4.5%
 $100,000 to $149,99936.4%2.5%11.3%
 $150,000 to $199,9997.4%8.5%13.0%
 $200,000 to $299,9997.1%29.1%20.1%
 $300,000 to $399,9997.7%25.8%13.6%
 $400,000 to $499,9990.0%16.5%8.3%
 $500,000 to $749,9992.7%9.9%9.7%
 $750,000 to $999,9990.0%1.0%3.9%
 $1,000,000 to $1,499,9990.0%0.0%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over0.0%0.5%1.1%
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 Housing Units By Year Built
 Madison, MEGorham, MEUnited States
 2015 and Newer0.0%0.2%0.2%
 2010 to 201411.8%12.4%13.6%
 2000 to 200911.8%12.4%13.6%
 1990 to 199923.0%16.2%13.6%
 1980 to 19899.7%13.4%13.2%
 1970 to 197910.4%14.5%14.8%
 1960 to 196923.0%16.2%13.6%
 1950 to 19590.9%6.1%10.0%
 1940 to 19497.2%3.5%4.7%
 1939 or Earlier25.7%16.2%12.2%

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