Housing in Gorham, IL is much more affordable than the US as a whole. The median value of a house in Gorham is $58,000, while the US median value for a house is $338,100. Homes have seen an appreciation rate of 8.05% over the last year in Gorham, IL which is just slightly lower than the national rate of 8.27%. Home buyers looking for an affordable place to buy can find great deals in Gorham.
The median home cost in Gorham is $58,000. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Gorham is up 14.3%.
Average Age of Homes
- The median age of Gorham real estate is 71 years old
The Rental Market in Gorham
- Renters make up 15.1% of the Gorham population
- 0.0% of houses and apartments in Gorham, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.