197 Gray Rd, Gorham, ME 04038
Property image
Property image
OFF MARKET

197 Gray Rd
Gorham, ME 04038

  • 4 Beds
  • 3 Baths
  • 2,363 sqft (on 6 acres)

$650,900

Trulia Estimate
as of Aug 16, 2026

$650,900

Trulia Estimate
as of Aug 16, 2026
4 Beds
3 Baths
2,363 sqft
(on 6 acres)

Home Value

Trulia Estimate
$651K
Since last month
Decreased$20K (-3%)
Since last year
Decreased$24K (-3.6%)
Since last sale
Increased$386K (+145.6%)
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 +148% in the last 10 years
MonthEstimated value
2026
August 2026$651K
July 2026$663K
June 2026$671K
May 2026$660K
April 2026$665K
March 2026$653K
February 2026$639K
January 2026$620K
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
434 Libby Avenue, Gorham, ME
0.32
Single-Family Home
$799,000
02/27/26
3
3.5
2,770
213 Gray Road, Gorham, ME
0.14
Single-Family Home
$700,500
10/15/25
5
3.5
2,924
35 Longmeadow Drive, Gorham, ME
0.41
Single-Family Home
$530,000
08/03/26
4
1.5
3,000
81 Queen Street, Gorham, ME
0.23
Single-Family Home
$705,000
06/01/26
3
2.5
2,120
168 Harding Bridge Road, Gorham, ME
0.77
Single-Family Home
$975,000
06/25/26
4
2.5
2,850
18 Laceys Way, Gorham, ME
0.65
Single-Family Home
$690,000
12/04/25
3
2.5
2,462
7 Aspen Lane, Gorham, ME
0.83
Single-Family Home
$672,000
04/17/26
4
1.5
2,442
86 Gateway Commons Drive, Gorham, ME
0.74
Single-Family Home
$785,000
06/17/26
4
2.5
2,247
39 Dolloff Rd, Gorham, ME
0.90
Single-Family Home
$925,000
07/23/26
3
3
3,117
32 Wagner Farm Road, Gorham, ME
0.75
Single-Family Home
$550,000
06/09/26
3
2
2,330

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
213 Gray Road, Gorham, ME 04038
0.14
$797,000
5
3.5
2,924
Off Market
12 Tannery Brook Road, Gorham, ME 04038
0.19
$442,800
3
2
1,766
Off Market
332 Libby Avenue, Gorham, ME 04038
0.17
$561,600
3
2
1,829
Off Market
81 Queen Street, Gorham, ME 04038
0.23
$705,000
3
2.5
2,120
Recently Sold
14 Albert Marquis Drive, Gorham, ME 04038
0.25
-
-
-
-
Off Market
434 Libby Avenue, Gorham, ME 04038
0.32
$799,000
3
3.5
2,770
Recently Sold
42 Tannery Brook Road, Gorham, ME 04038
0.31
$684,800
3
2.5
1,903
Off Market
309 Libby Avenue, Gorham, ME 04038
0.30
$515,000
3
2
1,896
Off Market
5 Longmeadow Drive, Gorham, ME 04038
0.36
$581,100
3
1.5
2,048
Off Market
8 Paradise Way, Gorham, ME 04038
0.33
$710,100
3
2.5
2,344
Off Market
35 Longmeadow Drive, Gorham, ME 04038
0.41
$530,000
4
1.5
3,000
Recently Sold
122 Queen Street, Gorham, ME 04038
0.45
$1,268,500
5
4.5
3,863
Off Market

Local Information

  • Map ViewExplore the area around 197 Gray Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1983
Lot Size
6 acres
Living Area
2,363 sqft
Price/Sqft
$275

About this House

4 bedroom, 3 bath contemporary ranch with daylight basement on 6 +/- acres. Many updates since 2004- new kitchen, vinyl siding, roof, furnace, flooring, and 3/4 bath in huge family room. This property has a detached 1 car garage/barn with automatice door opener and 3 horse stalls and attached workshop, open fields with walking trails, highbush blueberries, strawberries, raspberries,and gardens.
197 Gray Rd, Gorham, ME 04038 is a 4 bedroom, 3 bathroom, 2,363 sqft single-family home built in 1983. It last sold for $265,000 on Nov 1, 2011. It is currently off market. The Trulia Estimate is $650,900, with a rent estimate of $4,083/month.

Home Details for 197 Gray Rd

Property Information

Year Built
Year Built: 1983
Property Type / Style
Property Type: Single Family Home

Interior Features

Interior Details
Additional StorageStorageWet Bar

Exterior Features

Exterior Home Features
DeckGardenLawnPatioPorch

Lot Information

Lot Area: 6.00 acres

Price and Tax history

DateEventPrice
Nov 1, 2011
Source: Maine Listings #1016265
Sold
$265,000
Jun 3, 2011
Source: Agent Provided
Listed For Sale
$279,000

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
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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

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Apartments for Rent

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Explore by feature - Washer/dryer

6 rentals with a washer/dryer in Gorham, ME

Homes for sale near 197 Gray Rd

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Off Market Homes Near 197 Gray Rd

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Frequently asked questions about 197 Gray Rd

  • What is 197 Gray Rd estimated to be worth?
    Trulia's estimated value for 197 Gray Rd in Gorham, ME is $650,900.
  • What is the price history for 197 Gray Rd?
    197 Gray Rd in Gorham, ME last sold for $265,000 in November 2011.
  • 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 197 Gray Rd?
    The lot at 197 Gray Rd in Gorham, ME is about 6 acres.