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 Type | 2% |
| One Bedroom | 19.10% |
| Two Bedrooms | 25.80% |
| Three Bedrooms | 32.30% |
| Four Bedrooms | 15.50% |
| Five Bedrooms or more | 5.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $133,500 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.91 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $679 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 12.80% |
| Simple Mortgage | 54.80% |
| Debt Free | 27.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21% |
