Home prices
The value of the median home in Gorman is $44,800. Compared to nearby areas it is roughly $18,000 (28%) lower.In comparison to the entire nation it is about $172,700 (79%) lower, and is roughly $124,900 (73%) lower compared to the city of Fort Worth.
Rents
The median monthly rent in Gorman is $331. It is approximately $246 (42%) lower in comparison to other places in this area.It is roughly $731 (68%) lower compared to the entire nation, and it is approximately $729 (68%) lower in comparison to the city of Fort Worth.
Nearby places
De Leon
De Leon is roughly 10 miles southeast from Gorman. The housing prices there are substantially more expensive. De Leon's median home cost is $79,800, which is $35,000 (43%) higher than Gorman. Rents there are a lot more expensive. The median monthly rent in De Leon is $603, which works out to $272 (45%) higher than Gorman.
Eastland
Eastland is roughly 15 miles northwest from Gorman. The housing prices there are a lot more expensive. The median home in Eastland is valued at $78,700, which is $33,900 (43%) higher than Gorman. The rent there is substantially more expensive. In Eastland the median monthly rent is $586, which comes out to $255 (43%) higher than Gorman.
Rising Star
Rising Star is approximately 17 miles southwest from Gorman. Its housing prices are similar. The median home in Rising Star is valued at $43,500, which is $1,300 (2%) lower than Gorman. Its rents are substantially more expensive. In Rising Star the median monthly rent is $607, which is $276 (45%) higher than Gorman.
Ranger
Ranger is about 19 miles north from Gorman. Its housing prices are somewhat less expensive. The median home in Ranger is valued at $37,900, which works out to $6,900 (18%) lower than Gorman. The rent there is a lot more expensive. In Ranger the median monthly rent is $603, which comes out to $272 (45%) higher than Gorman.
Cisco
Cisco is roughly 20 miles northwest from Gorman. The real estate prices there are substantially more expensive. The cost of the median home in Cisco is $74,100, which comes out to $29,300 (39%) higher than Gorman. Its rents are somewhat more expensive. In Cisco the median rent is $484 per month, which comes out to $153 (31%) higher than Gorman.
