245 Libby Ave, Gorham, ME 04038
Property image
Property image
OFF MARKET

245 Libby Ave
Gorham, ME 04038

  • 3 Beds
  • 3 Baths
  • 3,920 sqft (on 2.19 acres)

$773,700

Trulia Estimate
as of Aug 12, 2026
Est. Refi. Payment $4,664/mo*

$773,700

Trulia Estimate
as of Aug 12, 2026
Est. Refi. Payment $4,664/mo*
3 Beds
3 Baths
3,920 sqft
(on 2.19 acres)

Home Value

Trulia Estimate
$774K
Since last month
Decreased$13K (-1.7%)
Since last year
Decreased$4K (-0.5%)
Since last sale
Increased$168K (+27.8%)
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 +74% in the last 10 years
MonthEstimated value
2026
August 2026$773K
July 2026$786K
June 2026$787K
May 2026$779K
April 2026$785K
March 2026$777K
February 2026$763K
January 2026$742K
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
0.12
Single-Family Home
$690,000
12/04/25
3
2.5
2,462
0.14
Single-Family Home
$800,000
05/15/26
3
2
1,932
0.42
Single-Family Home
$800,000
04/17/26
4
2.5
3,304
0.28
Single-Family Home
$550,000
06/09/26
3
2
2,330
0.53
Single-Family Home
$795,000
06/17/26
5
2.5
3,320
0.49
Single-Family Home
$775,000
03/02/26
4
2.5
2,383
0.46
Single-Family Home
$730,000
06/26/26
4
2.5
2,626
0.47
Single-Family Home
$785,000
06/17/26
4
2.5
2,247
0.57
Single-Family Home
$750,000
07/16/26
4
2.5
2,315
0.77
Single-Family Home
$700,500
10/15/25
5
3.5
2,924

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
0.07
$875,500
3
2.5
3,066
Off Market
0.08
$947,700
3
2
2,348
Off Market
0.10
$873,400
4
3.5
3,117
Off Market
0.12
$616,200
2
2
1,718
Off Market
0.12
$690,000
3
2.5
2,462
Recently Sold
0.14
$800,000
3
2
1,932
Recently Sold
0.15
-
-
-
-
Off Market
0.17
$813,900
3
2.5
2,393
Off Market
0.21
$636,900
3
2.5
1,750
Off Market
0.22
$680,800
3
2.5
2,352
Off Market
0.21
$476,000
3
1
1,320
Recently Sold
0.25
$490,800
3
1
1,408
Off Market

Local Information

  • Map ViewExplore the area around 245 Libby Ave.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2003
Lot Size
2.19 acres
Living Area
3,920 sqft
Price/Sqft
$197
Parking
Garage

About this House

This sprawling ranch home perched on 2+ acres is conveniently located near Gorham center and abuts the Gorham trail system. Buyers will love the sun-drenched open concept with cathedral ceilings, exposed wood beam and stone fireplace. The main floor features a primary bedroom suite, 2 additional bedrooms, 2 additional full baths and first floor laundry. The finished, daylight basement features fabulous space perfect for guest space, recreation room or home office. The front farmer's porches, including one screened-in porch, offer a peaceful spot to enjoy morning coffee. The large backyard with multi-level deck, above ground pool, patio area and firepit offer year-round enjoyment. Energy efficient amenities include a Jotul wood stove in the family room, a heat pump in the kitchen/living room area, Buderus wall-mounted radiators in every room which are individually controlled and blown-in insulation was added in the attic. Easy commute to Downtown Portland, Maine Mall and Lakes Region.
245 Libby Ave, Gorham, ME 04038 is a 3 bedroom, 3 bathroom, 3,920 sqft single-family home built in 2003. It last sold for $605,000 on Dec 16, 2022. It is currently off market. The Trulia Estimate is $773,700, with a rent estimate of $5,072/month.

Home Details for 245 Libby Ave

Interior Features

Interior Details
BasementNumber of Rooms: 6
Heating & Cooling
Heating: OilAir ConditioningHeating Fuel: Oil
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: WoodPatio
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2003Year Updated: 2009
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 2.19 acres

Price and Tax history

DateEventPrice
Dec 16, 2022
Source: Maine Listings #1544190
Sold
$605,000
Nov 22, 2022
Source: Maine Listings #1544190
Pending
$599,999
Nov 22, 2022
Source: Maine Listings #1544190
PendingToActive
$599,999
Oct 22, 2022
Source: RE/MAX International #1544190
Pending
$599,999
Oct 22, 2022
Source: Maine Listings #1544190
Contingent
$599,999

Market trends in Gorham

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

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Apartments for Rent

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Homes for sale near 245 Libby Ave

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Off Market Homes Near 245 Libby Ave

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Frequently asked questions about 245 Libby Ave

  • What is 245 Libby Ave estimated to be worth?
    Trulia's estimated value for 245 Libby Ave in Gorham, ME is $773,700.
  • What is the price history for 245 Libby Ave?
    245 Libby Ave in Gorham, ME last sold for $605,000 in December 2022.
  • 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 245 Libby Ave?
    The lot at 245 Libby Ave in Gorham, ME is about 2.2 acres.
  • Does 245 Libby Ave have a garage?
    Yes, 245 Libby Ave in Gorham, ME has a garage.