Home prices
The median home in Gorham is valued at $65,800. It is roughly $11,660 (15%) lower in comparison to nearby areas.It is roughly $151,700 (69%) lower compared to the US as a whole, and is roughly $111,100 (62%) lower compared to the city of Hays.
Rents
In Gorham the median rent is $725 per month. Compared to its surrounding areas it is approximately $57 (8%) higher.It is approximately $337 (31%) lower in comparison to the entire country, and compared to the city of Hays is about $18 (2%) higher.
Nearby places
Victoria
Victoria is about 6 miles west of Gorham. The real estate prices there are significantly more expensive. The median home in Victoria costs $145,400, which is $79,600 (54%) higher than Gorham. Rent there is somewhat more expensive. In Victoria the median rent is $809 a month, which comes out to $84 (10%) higher than Gorham.
Russell
Russell is about 8 miles east from Gorham. Its real estate prices are significantly more expensive. The median home in Russell is valued at $99,200, which works out to $33,400 (33%) higher than Gorham. Rent there is somewhat less expensive. The median rent in Russell is $644 per month, which works out to $81 (12%) lower than Gorham.
Dorrance
Dorrance is approximately 20 miles east from Gorham. The real estate prices there are somewhat more expensive. The median home in Dorrance is valued at $71,500, which comes out to $5,700 (7%) higher than Gorham. Rent there is substantially less expensive. The median monthly rent in Dorrance is $494, which comes out to $231 (46%) lower than Gorham.
Liebenthal
Liebenthal is approximately 20 miles southwest of Gorham. The housing prices there are a lot less expensive. The value of the median home in Liebenthal is $37,700, which is $28,100 (74%) lower than Gorham. Its rents are somewhat more expensive. In Liebenthal the median monthly rent is $875, which works out to $150 (17%) higher than Gorham.
Natoma
Natoma is approximately 21 miles north of Gorham. Its real estate prices are substantially less expensive. The median home in Natoma is valued at $33,500, which works out to $32,300 (96%) lower than Gorham. Rent there is a lot less expensive. The median rent in Natoma is $518 a month, which works out to $207 (39%) lower than Gorham.