Commercial Real Estate Market in Gorham, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
27 active listings and 272 off-market properties in Gorham, ME.
Market Trends
Gorham, ME spans 50.6 square miles in Cumberland County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Gorham, ME asks $235/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Gorham, ME asks $252/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Gorham, ME runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Gorham, ME asks $266/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 52.6%
- Agricultural 35.2%
- Industrial 5.2%
- Commercial 2.2%
- Mixed use 2.1%
Largest Zones share of zoned land by district
Rural
Rural Manufactured Housing
Suburban Residential
Urban Residential Expansion
Suburban Residential Manufactured Housing
Rural (R)
No. 25-82 ] To implement the provisions of this Part 1 , the Town of Gorham is hereby divided into the following classes of districts: Urban Residential UR Urban Residential Expansion URExp Suburban Residential SR Rural R Village Centers VC Urban Commercial UC Roadside Commercial RC Industrial I Mosher Corner Mixed Use MCMU Office-Residential OR Narragansett…
Market overview
Demographics & Economy
Gorham, ME has 18,336 residents in 6,527 households. Density runs 362 people per square mile. Median household income here is $110,181 and median gross rent $1,567 a month.
18,336
Population
6,527
Households
2.8
Avg Household Size
39
Median Age
46%
College-Educated
97%
High-School Grad
50.6 sq mi
ZIP Area
362
Density / Sq Mi
$110,181
Median Household Income
$53,122
Median Earnings
$1,567
Median Rent
$426,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Westbrook | — | $16.48 |
| Windham | — | — |
| Scarborough | — | $19.50 |
| Buxton | — | — |
Commercial property in Gorham, ME asks $56/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Gorham?
Commercial property in Gorham, ME asks an average of $56 per square foot. The 8 most recent recorded sales traded at a median of $161/SF. Multifamily carries the highest asking price at $266/SF.
Where does Realmo's Gorham market data come from?
Realmo compiles Gorham, ME figures from 8 recent recorded sales, 24 active sale listings, 3 active lease listings, 272 tracked off-market properties, the current Gorham zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 24 active for-sale and 3 active for-lease listings in Gorham, ME. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 32,800 zoned acres across 20 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
