04038 Home Values & Market Trends

There are 5 homes currently listed for 04038. 04038 real estate market trends show that home prices range from $119,900 to $734,900, and the median sales price in the 04038 zip code is $523,784.1. The total number of properties sold within the past twelve months is 221. In 04038, 5 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

04038 Real Estate Market Overview

CityMedian Est. Value
Gorham

$ 621,651

$ 261/sqft

Housing Market Summary for 04038

Apr 2023March 2024Change
Median Listing Price$460K$507.6K10.36%
Median Sold Price$452.2K$507.6K12.26%
Homes For Sale96-33.33%
Homes Sold779219.48%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 04038

The median list price of a home in Gorham, is $523,784.1. A total of 5 properties are for sale, and the percentage of properties for sale in the zip code is 5.00%. The total count of 04038 properties is 6,107.

Foreclosure
There is 1 cities within 04038; within this cities, the median estimated home value for homes in foreclosure ranges from $473,848 in gorham to the lowest value of $313,671 in gorham. Foreclosure homes account for 0.00% of properties in 04038 with gorham containing 5 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.07% of all residential properties in 04038 with gorham containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 04038; of that cities, the estimated home value for pre-foreclosure homes ranges from $473,848 in gorham to the lowest home value of $313,671 in gorham.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 04038 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 04038. There is 1 cities within 04038; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    gorham has 1 auction properties, the highest number of properties going to auction in a single city in the state of 04038. Auction homes and other auction properties account for 0.02% of all properties in 04038. There is 1 cities within 04038; of that cities, the median estimated home value for homes going to auction ranges from $367,304 in gorham to the lowest value of $367,304 in gorham.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.08% of residential properties in 04038 with gorham containing 5 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 04038; homes for sale in that cities, have a range of median values from $773,405 in gorham to the lowest value of $268,181 in gorham.
    Sold Homes
    The median value for recently sold homes ranges from $850,000 in gorham to the lowest price of $126,504 in gorham. There is 1 cities within 04038. gorham has 92 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.51% of properties in 04038.

      Compare Nearby Zip Codes

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      Guide for 04038

      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Madison Real Estate Report: House Values Peak at $447K
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      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Madison Real Estate Report: House Values Peak at $447K
      Market Reports|posted 22 April 2024

      In Madison, WI homes have seen a gradual increase in property values, and sale price reach just under 500k in early 2024.

      Recently Listed Homes 04038

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