In Gorham, KS (67640), the housing median value is $117,200. This is significantly lower than the US House Median Value of $338,100. However, the one year house appreciation rate in Gorham is 10.51%, which is much higher than the US average of 8.27%. This indicates that housing prices in Gorham are increasing at a faster rate than other areas of the country and could be an attractive option for potential buyers or investors.
The median home cost in Gorham (zip 67640) is $117,200. Home appreciation the last 10 years has been 59.6%. Home Appreciation in Gorham (zip 67640) is up 13.8%.
Average Age of Homes
- The median age of Gorham (zip 67640) real estate is 54 years old
The Rental Market in Gorham (zip 67640)
- Renters make up 31.0% of the Gorham (zip 67640) population
- 6.9% of houses and apartments in Gorham (zip 67640), 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.