The housing market in Gorham, NH is booming! The median value of homes is currently at $207,600, which is significantly lower than the US House median value of $338,100. The US 1 year house appreciation rate is 8.27%, while the 1 year appreciation rate in Gorham, NH is 11.54%. This shows that investing in real estate in Gorham, NH could be a wise decision, as homes are appreciating faster than the national average. With a lower median value compared to other areas in the US and higher appreciation rates, Gorham could be an attractive option for potential homeowners and investors alike.
The median home cost in Gorham is $207,600. Home appreciation the last 10 years has been 90.8%. Home Appreciation in Gorham is up 18.0%.
Average Age of Homes
- The median age of Gorham real estate is 64 years old
The Rental Market in Gorham
- Renters make up 25.0% of the Gorham population
- 5.0% 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.