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 $523,840.92. 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 $523,840.92. 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 89 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.46% of properties in 04038.

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      Guide for 04038

      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Pennsylvania
      Las Vegas Market Report – April 2024
      Market Reports
      Pierre Real Estate Peaking at $1.2M – April 2024 Market Report
      See More Articles
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Las Vegas Market Report – April 2024
      Pennsylvania|posted 25 April 2024

      A comprehensive look at the current real estate trends in Las Vegas and surrounding areas, highlighting the fluctuation in property prices, inventory and sales.

      Pierre Real Estate Peaking at $1.2M – April 2024 Market Report
      Market Reports|posted 25 April 2024

      Pierre, SD’s real estate market has seen significant fluctuations, with diverse property types and values. Despite a lack of sales data hindering trend analysis, listed prices and values provide insight into market activity.

      Recently Listed Homes 04038

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