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Gorham, NH Real Estate


According to census data in the year 2000 there were 903 housing units in Gorham. This represents a 3.9% growth from 869 in 1990.

Of those housing units, 903 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Gorham is about 68.5%. Gorham's vacancy rate, including seasonal lodging, is about 11.3%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Gorham were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom18.20%
Two Bedrooms40.20%
Three Bedrooms29%
Four Bedrooms10.50%
Five Bedrooms or more0.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1955
Median Value of occupied units$75,700
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size1.51
Median year structure was built1951
Median Monthly Rent asked for vacant units$342

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.10%
Home Equity Loan1.70%
Simple Mortgage41.30%
Debt Free46.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.6%