40 State St, Gorham, ME 04038
Property image
Property image
OFF MARKET

40 State St
Gorham, ME 04038

  • Studio

$672,500

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $4,064/mo*
Refinance Your Home

$672,500

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $4,064/mo*
Refinance Your Home
Studio
(on 0.27 acres)

Home Value

Trulia Estimate
$673K
Since last month
Decreased$28K (-4.2%)
Since last year
Increased$124K (+23.7%)
Since last sale
Increased$371K (+135%)
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 +170% in the last 10 years
MonthEstimated value
2026
August 2026$646K
July 2026$674K
June 2026$675K
May 2026$633K
April 2026$656K
March 2026$638K
February 2026$618K
January 2026$629K
2025
2024
2023
2022
2021
2020

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
21 Lombard Street, Gorham, ME
0.20
Single-Family Home
$434,900
11/21/25
2
2
1,086
151 Main St, Gorham, ME
0.39
Single-Family Home
$360,000
07/02/26
3
1.5
1,970
15 Green Street, Gorham, ME
0.05
Single-Family Home
$750,000
04/10/26
4
2.5
3,741
28 State St #3, Gorham, ME
0.01
Single-Family Home
$155,000
12/31/25
1
960
47 Highland Avenue, Gorham, ME
0.39
Single-Family Home
$440,000
10/17/25
2
1
1,502
30 Lincoln St, Gorham, ME
0.27
Single-Family Home
$326,500
05/06/26
3
1
1,057
117 School Street, Gorham, ME
0.35
Single-Family Home
$395,000
12/12/25
3
2
1,248
64 Morrill Ave, Gorham, ME
0.39
Single-Family Home
$380,000
12/31/25
3
1
1,092
14 Spruce Lane, Gorham, ME
0.41
Single-Family Home
$506,000
05/07/26
3
2
1,163
40 Highland Avenue, Gorham, ME
0.38
Single-Family Home
$432,000
12/01/25
2
1.5
1,546

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
15 Green Street, Gorham, ME 04038
0.05
$750,000
4
2.5
3,741
Recently Sold
8 College Avenue, Gorham, ME 04038
0.08
$1,799,000
7
8
5,444
Recently Sold
27 Green Street, Gorham, ME 04038
0.08
$601,100
4
2
2,097
Off Market
18 Green Street, Gorham, ME 04038
0.09
$484,000
3
1.5
1,487
Off Market
11 Pine Street, Gorham, ME 04038
0.12
$377,400
3
1
1,419
Off Market
12 Preble Street, Gorham, ME 04038
0.13
$781,100
6
4
3,490
Off Market
52 School Street, Gorham, ME 04038
0.14
$573,100
3
1.5
1,726
Off Market
65 School Street, Gorham, ME 04038
0.18
$502,600
4
2
1,954
Off Market
25 Church Street, Gorham, ME 04038
0.18
$394,200
3
1
1,562
Off Market
27 Church Street, Gorham, ME 04038
0.19
$781,500
4
2.5
3,000
Off Market
108 State Street, Gorham, ME 04038
0.19
$601,900
8
4
2,256
Off Market
21 Lombard Street, Gorham, ME 04038
0.20
$434,900
2
2
1,086
Recently Sold

Local Information

  • Map ViewExplore the area around 40 State St.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1880
Lot Size
0.27 acres
Parking
Garage

About this House

This single-family home is located at 40 State St, Gorham, ME. 40 State St is in Gorham, ME and in ZIP code 04038. This property has a lot size of 0.27 acres and was built in 1880.
40 State St, Gorham, ME 04038 is a studio single-family home built in 1880. It last sold for $275,000 on Oct 15, 2015. It is currently off market. The Trulia Estimate is $672,500, with a rent estimate of $3,130/month.

Home Details for 40 State St

Interior Features

Interior Details
BasementAtticNumber of Rooms: 3
Heating & Cooling
Heating: OilHeating Fuel: Oil
Levels, Entrance, & Accessibility
Stories: 2
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Other
Parking & Garage
GarageParking: Garage Attached, Off Street

Property Information

Year Built
Year Built: 1880Year Updated: 1989
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 4

Lot Information

Lot Area: 0.27 acres

Price and Tax history

DateEventPrice
Oct 15, 2015
Source: Maine Listings #1138374
Sold
$275,000

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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Off Market Homes Near 40 State St

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Frequently asked questions about 40 State St

  • What is 40 State St estimated to be worth?
    Trulia's estimated value for 40 State St in Gorham, ME is $672,500.
  • What is the price history for 40 State St?
    40 State St in Gorham, ME last sold for $275,000 in October 2015.
  • 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 40 State St?
    The lot at 40 State St in Gorham, ME is about 0.27 acres (11,761 sq ft).
  • Does 40 State St have a garage?
    Yes, 40 State St in Gorham, ME has a garage.