Home prices
The price of the median home in Gorham is $28,000. This is about $55,160 (66%) lower compared to its nearby areas.Compared to the entire country it is roughly $189,500 (87%) lower, and it is about $110,700 (79%) lower compared to the city of St. Louis.
Rents
The median monthly rent in Gorham is $470. In comparison to the surrounding areas this is about $179 (27%) lower.It is roughly $592 (55%) lower in comparison to the entire country, and in comparison to the city of St. Louis it is approximately $358 (43%) lower.
Nearby places
Grand Tower
Grand Tower is approximately 5 miles south from Gorham. The real estate prices there are somewhat more expensive. Grand Tower's median home value is $36,700, which is $8,700 (23%) higher than Gorham. Its rents are a bit more expensive. In Grand Tower the median rent is $618 a month, which is $148 (23%) higher than Gorham.
Altenburg
Altenburg is about 7 miles southwest from Gorham. Its housing prices are significantly more expensive. The median home in Altenburg costs $100,000, which comes out to $72,000 (72%) higher than Gorham. Rent there is somewhat more expensive. Altenburg's median rent is $638 a month, which comes out to $168 (26%) higher than Gorham.
Murphysboro
Murphysboro is roughly 8 miles northeast from Gorham. The housing prices there are significantly more expensive. The median home price in Murphysboro is $70,500, which works out to $42,500 (60%) higher than Gorham. Rent there is somewhat more expensive. The median rent in Murphysboro is $594 a month, which works out to $124 (20%) higher than Gorham.
Frohna
Frohna is approximately 8 miles southwest from Gorham. Its housing prices are significantly more expensive. The median home in Frohna costs $139,400, which works out to $111,400 (79%) higher than Gorham. The rent there is substantially more expensive. The median rent in Frohna is $738 per month, which comes out to $268 (36%) higher than Gorham.
Harrison
Harrison is about 9 miles northeast from Gorham. Its real estate prices are significantly more expensive. The median home in Harrison costs $69,200, which comes out to $41,200 (59%) higher than Gorham. The rent there is somewhat more expensive. Harrison's median monthly rent is $655, which works out to $185 (28%) higher than Gorham.
