Gorham, NH 03581 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Gorham, NH—03581

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$263,000

0.5% YoY Growth

Household Income

$61,400

0.7% YoY Growth

Days on Market

122

44.0% Longer YoY

Home Price Forecast

4.8%

Median Rent

$1,650

1.8% YoY Growth

1-Bed Rent

$1,050

N/A

2-Bed Rent

$1,650

15.3% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Gorham, NH

As of Dec '25, the median home price in Gorham, NH is $263,000, with a year-over-year change of 0.5%. This indicates that home prices in Gorham, NH are flat. According to Zillow, the 1-year price projection is 4.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$263,000	0.5%
Single Family	$263,000	0.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Gorham, NH

As of July '25, Rentcast reports the average rent in Gorham, NH is $1,600, with a year-over-year rent change of -1.8%. Per bedroom, the median rent as of July '25 in Gorham, NH is 1-bedrooms: $1,050, 2-bedrooms: $1,880. The most common rental property sizes in Gorham, NH are 1-bedroom and 2-bedroom, accounting for 46.8% and 33.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,650	$1,600
Studio Rent	N/A	N/A
1 Bed Rent	$1,050	$1,050
2 Bed Rent	$1,650	$1,880
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

Studio

1.3%

1 Bedroom

46.8%

2 Bedrooms

33.9%

3 Bedrooms

12.4%

4 Bedrooms

5.5%

Property Listings — Gorham, NH

As of Dec '25, Realtor.com reports that the median days on market for a home in Gorham, NH is 108. This is a increase of 36.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$242,000	-30.0%
Listing Count	17	24.0%
Listings as % of Homes	0.4%	24.0%
Days on Market	122	44.0%

Loading chart...

Demographics — Gorham, NH

As of the latest ACS Survey released in 2023, Gorham, NH has a population of 3,240, which has increased by 5.3% over the past 5 years. Gorham, NH is a less popular place for families, as children make up 11.3% of the population. The area has a moderately educated workforce, with 26.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,240	5.3%
% Under 18	11.3%	-27.6%
% Seniors	31.5%	31.8%
% WFH	3.2%	-36.0%
% w/ College Degree	26.1%	-2.6%

Loading chart...

As of the latest ACS Survey released in 2023, Gorham, NH is a predominantly white area, with 96.1% of the population identifying as white. The white population has grown by 2.2% in the last 5 years. The second most common race or ethnicity in Gorham, NH is asian, making up 0.9% of the population. Foreign-born residents account for 2.1% of the population in Gorham, NH, and this percentage has decreased by 46.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	96.1%	2.2%
% Black	0.0%	-100.0%
% Hispanic	0.5%	-85.7%
% Asian	0.9%	-25.0%
% Foreign Born	2.1%	-46.2%

Loading chart...

Mortgage and Risk — Gorham, NH

According to HUD data as of 2023, there were 59 mortgage originations in Gorham, NH, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Gorham, NH. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	59
% Conventional Loans	81.0%
% Government Loans	19.0%
% Investor Loans	0.0%
% Second Loans	7.0%
% Cash Out Refinance	7.0%

Loading chart...

Rentals and Section 8 — Gorham, NH

Gorham, NH lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	47
Total Units Section 8	47
% Rentals under Section 8	N/A
% Occupied Section 8	98.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$340	$1,050	$710
2 Bedroom	-$720	$1,650	$930
3 Bedroom	N/A	N/A	$1,230
4 Bedroom	N/A	N/A	$1,240

Gorham, NH—03581

Key Metrics at a Glance

Home Price Trends — Gorham, NH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Gorham, NH

% of Rental Stock

Property Listings — Gorham, NH

Demographics — Gorham, NH

Race and Ethnicity

Mortgage and Risk — Gorham, NH

Mortgages

Rentals and Section 8 — Gorham, NH

Section 8 Market Size

Section 8 Opportunity

Affordability — Gorham, NH

Home Price to Income Ratio

Gorham, NH — ZIP Code Boundary Map

Nearby ZIP Codes

Berlin, NH

Randolph, NH

Milan, NH

Low and Burbanks, NH

Carroll

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$263,000
Median Household Income	$61,400

Gorham, NH—03581

Key Metrics at a Glance

Home Price Trends — Gorham, NH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Gorham, NH

% of Rental Stock

Property Listings — Gorham, NH

Demographics — Gorham, NH

Race and Ethnicity

Mortgage and Risk — Gorham, NH

Mortgages

Rentals and Section 8 — Gorham, NH

Section 8 Market Size

Section 8 Opportunity

Affordability — Gorham, NH

Home Price to Income Ratio

Gorham, NH — ZIP Code Boundary Map

Nearby ZIP Codes

Berlin, NH

Randolph, NH

Milan, NH

Low and Burbanks, NH

Carroll

Frequently Asked Questions

What is the average home price in Gorham, NH 03581?

How have home prices in Gorham, NH 03581 changed over the past year?

What is the home price projection for Gorham, NH 03581?

What are the demographics of Gorham, NH 03581?

How long does it take homes to sell in Gorham, NH 03581?

What is the average rent price in Gorham, NH 03581?