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Gorham, ME Real Estate


According to census data in the year 2000 there were 1,402 housing units in Gorham. This represents a 28.5% growth from 1,091 in 1990.

Of those housing units, 1,079 were located in either urbanized areas or urban clusters, and 323 were located in what is classified as a rural area.

Homeownership rate in Gorham is about 62.6%. Gorham's vacancy rate, including seasonal lodging, is about 3.2%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Gorham were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type2%
One Bedroom19.10%
Two Bedrooms25.80%
Three Bedrooms32.30%
Four Bedrooms15.50%
Five Bedrooms or more5.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1961
Median Value of occupied units$133,500
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size1.91
Median year structure was built1976
Median Monthly Rent asked for vacant units$679

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.60%
Home Equity Loan12.80%
Simple Mortgage54.80%
Debt Free27.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21%