Housing Prices in Gorham, IL

How much do homes in Gorham, IL cost?

Median List Price

$550,000

$102/sqft

Based on all homes listed in May 2024.

Difference Since Last Month

+$270,000(+96.4%)

Key Takeaway

The list price of homes in Gorham has increased by 96.4% since April.

Summary: The median home list price in Gorham was $550,000 in May 2024, up 96.4% from the previous month, and the median price per square foot was $102.

Median List Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $280K$550K
+96.4%
4 --
N/A
5+ --
N/A

Summary: Gorham housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 96.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Gorham
+96.4%
Sand Ridge Township
+96.4%

Housing Supply in Gorham, IL

How many homes are available in Gorham, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
21-50.0%

Summary: The Gorham real estate market had 1 homes for sale in May 2024, a 50.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Gorham housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Gorham, IL

How long does it take to sell a home in Gorham, IL?

Average Listing Age

Apr 2024May 2024CHANGE
143 Days282 Days+96.5%

Summary: Homes in Gorham had an average listing age of 282 days in May 2024, up by 96.5% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Gorham, IL

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