04038 Home Values & Market Trends

There are 322 homes currently listed for 04038. 04038 real estate market trends show that home prices range from $74,500 to $3,250,000, and the median sales price in the 04038 zip code is $595,808. The total number of properties sold within the past twelve months is 298. In 04038, 9 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.

04038 Real Estate Market Overview

CityMedian Est. Value
Gorham

$ 595,808

$ 342/sqft

Housing Market Summary for 04038

Sep 2025September 2026Change
Median Listing Price$505K$574.9K13.84%
Median Sold Price$539.6K$596.2K10.48%
Homes For Sale22131542.53%
Homes Sold7066-5.71%
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 $595,808. A total of 322 properties are for sale, and the percentage of properties for sale in the zip code is 322.00%. The total count of 04038 properties is 402.

Foreclosure
There is 1 cities within 04038; within this cities, the median estimated home value for homes in foreclosure ranges from $594,977 in gorham to the lowest value of $341,420 in gorham. Foreclosure homes account for 2.00% of properties in 04038 with gorham containing 9 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 2.24% of all residential properties in 04038 with gorham containing 9 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 $594,977 in gorham to the lowest home value of $341,420 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
    N/A has 0 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% 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 $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 80.10% of residential properties in 04038 with gorham containing 322 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 $1,375,000 in gorham to the lowest value of $109,900 in gorham.
    Sold Homes
    The median value for recently sold homes ranges from $1,213,215 in gorham to the lowest price of $147,005 in gorham. There is 1 cities within 04038. gorham has 62 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 15.42% of properties in 04038.

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      Guide for 04038

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.