16 Elm St, Gorham, ME 04038
Property image
Property image
OFF MARKET

16 Elm St
Gorham, ME 04038

  • 4 Beds
  • 2 Baths
  • 1,968 sqft

$502,300

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $3,014/mo*
Refinance Your Home

$502,300

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $3,014/mo*
Refinance Your Home
4 Beds
2 Baths
1,968 sqft

Home Value

Trulia Estimate
$502K
Since last month
Decreased$9K (-1.8%)
Since last year
Increased$3K (+0.7%)
Since last sale
Increased$177K (+54.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +91% in the last 10 years
MonthEstimated value
2026
August 2026$502K
July 2026$511K
June 2026$519K
May 2026$509K
April 2026$512K
March 2026$501K
February 2026$496K
January 2026$475K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
151 Main St, Gorham, ME
0.17
Single-Family Home
$360,000
07/02/26
3
1.5
1,970
10 Elm Street, Gorham, ME
0.02
Single-Family Home
$450,000
08/20/26
4
1
2,017
53 Lochwood Drive, Gorham, ME
0.22
Single-Family Home
$775,000
01/29/26
4
2.5
2,132
40 Highland Avenue, Gorham, ME
0.28
Single-Family Home
$432,000
12/01/25
2
1.5
1,546
13 Lochwood Drive, Gorham, ME
0.30
Single-Family Home
$776,277
05/15/26
4
2.5
2,132
12 Gray Road, Gorham, ME
0.32
Single-Family Home
$500,000
09/24/25
4
2
1,477
45 Lochwood Drive, Gorham, ME
0.36
Single-Family Home
$827,709
08/21/26
4
2.5
2,132
30 Lincoln St, Gorham, ME
0.14
Single-Family Home
$326,500
05/06/26
3
1
1,057
14 Spruce Lane, Gorham, ME
0.36
Single-Family Home
$506,000
05/07/26
3
2
1,163
17 Lochwood Drive, Gorham, ME
0.42
Single-Family Home
$785,662
04/01/26
4
2.5
2,132

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
10 Elm Street, Gorham, ME 04038
0.02
$450,000
4
1
2,017
Recently Sold
12 Preble Street, Gorham, ME 04038
0.10
$780,700
6
4
3,490
Off Market
14 Water Street, Gorham, ME 04038
0.14
$574,800
4
2
2,200
Off Market
27 Church Street, Gorham, ME 04038
0.15
$786,800
4
2.5
3,000
Off Market
25 Church Street, Gorham, ME 04038
0.16
$385,800
3
1
1,562
Off Market
164 Main Street, Gorham, ME 04038
0.21
$1,499,000
5
3
4,515
For Sale
53 Lochwood Drive, Gorham, ME 04038
0.22
$775,000
4
2.5
2,132
Recently Sold
15 Natalee Drive #2, Gorham, ME 04038
0.25
$503,500
3
2
1,518
Recently Sold
12 Natalee Drive #16, Gorham, ME 04038
0.25
$556,000
3
2
2,042
Recently Sold
13 Old Oak Lane, Gorham, ME 04038
0.24
$400,100
2
1
832
Off Market
6-8 Glenwood Avenue, Gorham, ME 04038
0.25
$624,000
7
2
2,840
Off Market
193 Main Street, Gorham, ME 04038
0.27
$524,700
3
2
2,140
Off Market

Local Information

  • Map ViewExplore the area around 16 Elm St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1963
Living Area
1,968 sqft
Price/Sqft
$255

About this House

This is an amazing opportunity to own a 2 family home in the heart of Gorham! Just steps to USM, Hannafords, and countless restaurants and shops, this location is hard to pass up. Urban commercial zoning greatly increases your ability to get creative with this property!
16 Elm St, Gorham, ME 04038 is a 4 bedroom, 2 bathroom, 1,968 sqft single-family home built in 1963. It last sold for $325,000 on Mar 12, 2020. It is currently off market. The Trulia Estimate is $502,300, with a rent estimate of $3,534/month.

Home Details for 16 Elm St

Interior Features

Interior Details
BasementNumber of Rooms: 8
Heating & Cooling
Heating: Baseboard, GasHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Other, Wood

Property Information

Year Built
Year Built: 1963Year Updated: 1991
Property Type / Style
Property Type: Single Family HomeArchitecture: Colonial

Community

Units in Building: 2

Lot Information

Lot Area: 8712 sqft

Price and Tax history

DateEventPrice
Mar 12, 2020
Source: Maine Listings #1439961
Sold
$325,000
Feb 13, 2020
Source: Agent Provided
Pending
$349,900
Nov 26, 2019
Source: Agent Provided
Listed For Sale
$349,900

Market trends in Gorham

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$616K
$22KMoM
Sale-to-List Price
103.1%
Price per sq ft
$316
$4MoM
Available listings
40
3MoM

Around this home

What Locals Say about Gorham

At least 38 Trulia users voted on each feature.

  • 93 % Say people would walk alone at night

  • 90 % Say yards are well-kept

  • 88 % Say parking is easy

  • 87 % Say there's wildlife

  • 83 % Say car is needed

  • 82 % Say it's dog friendly

  • 81 % Say there's holiday spirit

  • 77 % Say kids play outside

  • 66 % Say neighbors are friendly

  • 60 % Say they plan to stay for at least 5 years

  • 56 % Say it's quiet

  • 47 % Say it's walkable to restaurants

  • 44 % Say it's walkable to grocery stores

  • 36 % Say there are sidewalks

  • 34 % Say there are community events

  • 28 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Aqueen22
    "great place to live "
    0
    Flag
  • M. B.
    "Gorham is in a location where you have to drive a minimum of 15-20min to get to the highways. Driving into downtown Portland can take up to 1hr with rush hour traffic. "
    3
    Flag
  • Wilson d.
    "I lived here for twenty years. The neighbours are very friendly and helpful. This is one of the best communities in southern Maine. "
    2
    Flag
  • Guitahguy22
    "The rusticity and diversity of the neighborhood. I grew up in south Portland and since I’ve been in Gorham it’s been a pleasure, to say the least "
    8
    Flag
  • Marion R.
    "Your children can walk to school. You can walk to the store and all around town. The people are very friendly and easy going. The home has a lovely yard with room for a pool in the back. The hardwood floors have been redone. It is move-in ready!"
    4
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 16 Elm St

  • What is 16 Elm St estimated to be worth?
    Trulia's estimated value for 16 Elm St in Gorham, ME is $502,300.
  • What is the price history for 16 Elm St?
    16 Elm St in Gorham, ME last sold for $325,000 in March 2020.
  • Is Gorham a buyer's or seller's market?
    Gorham is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Gorham?
    The median sale price in Gorham is $616K. That is up $22K from the prior month.
  • How big is the lot at 16 Elm St?
    The lot at 16 Elm St in Gorham, ME is about 0.20 acres (8,712 sq ft).

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