5 Olive Ln
Gorham, ME 04038
4 Beds
2.5 Baths
2,864 sqft (on 0.69 acres)
4 Beds
2.5 Baths
2,864 sqft
(on 0.69 acres)
Home Value
Trulia Estimate
$813KSince last month
Increased$9K (+1%)Since last year
Decreased$23K (-2.6%)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 +53% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $855K |
| July 2026 | $855K |
| June 2026 | $846K |
| May 2026 | $893K |
| April 2026 | $877K |
| March 2026 | $849K |
| February 2026 | $832K |
| January 2026 | $842K |
2025 | |
2024 | |
2021 | |
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 |
|---|---|---|---|---|---|---|---|
0.29 | Single-Family Home | $755,000 | 06/18/26 | 4 | 2.5 | 3,402 | |
0.66 | Single-Family Home | $410,000 | 07/28/26 | 3 | 1.5 | 1,700 | |
0.65 | Single-Family Home | $607,500 | 08/03/26 | 3 | 2.5 | 2,129 | |
0.46 | Single-Family Home | $375,000 | 02/17/26 | 2 | 1.5 | 1,596 | |
0.58 | Single-Family Home | $450,000 | 12/08/25 | 3 | 1.5 | 1,685 | |
1.08 | Single-Family Home | $442,000 | 09/08/25 | 3 | 2.5 | 2,588 | |
0.80 | Single-Family Home | $485,000 | 05/14/26 | 3 | 1.5 | 1,580 | |
1.21 | Single-Family Home | $750,000 | 05/15/26 | 4 | 2.5 | 2,394 | |
1.28 | Single-Family Home | $626,000 | 07/01/26 | 3 | 2.5 | 1,904 | |
1.19 | Single-Family Home | $700,000 | 04/24/26 | 2 | 3 | 1,940 |
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 |
|---|---|---|---|---|---|---|
0.29 | $755,000 | 4 | 2.5 | 3,402 | Recently Sold | |
0.28 | $784,600 | 3 | 2.5 | 2,980 | Off Market | |
0.32 | - | - | - | - | Off Market | |
0.30 | $689,800 | 3 | 2.5 | 2,446 | Off Market | |
0.36 | $409,700 | 3 | 1.5 | 1,358 | Off Market | |
0.39 | $159,000 | - | - | - | Recently Sold | |
0.43 | $575,000 | 5 | 3 | 3,444 | For Sale | |
0.43 | $575,000 | 5 | 3 | 3,444 | For Sale | |
0.46 | $375,000 | 2 | 1.5 | 1,596 | Recently Sold | |
0.52 | $432,000 | 3 | 1.5 | 1,152 | Off Market | |
0.52 | - | - | - | - | Off Market | |
0.58 | $450,000 | 3 | 1.5 | 1,685 | Recently Sold |
Local Information
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Home Highlights
Property Type
Single-Family Home
Year Built
2021
Lot Size
0.69 acres
Living Area
2,864 sqft
Price/Sqft
$284
About this House
This single-family home is located at 5 Olive Ln, Gorham, ME. 5 Olive Ln is in Gorham, ME and in ZIP code 04038. This property has 4 bedrooms, 3 bathrooms and approximately 2,864 sqft of floor space. This property has a lot size of 0.69 acres and was built in 2021.
5 Olive Ln, Gorham, ME 04038 is a 4 bedroom, 3 bathroom, 2,864 sqft single-family home built in 2021. It is currently off market. The Trulia Estimate is $812,600, with a rent estimate of $4,234/month.
Home Details for 5 Olive Ln
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Heating & Cooling Heating: Baseboard, Propane ButaneHeating Fuel: Baseboard |
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Year Built Year Built: 2021 |
Property Type / Style Property Type: Single Family HomeArchitecture: Colonial |
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Parking & Garage Parking Spaces: 2 |
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Lot Area: 0.69 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 21, 2021 Source: Maine Listings | ListingRemoved | |
May 21, 2021 Source: Maine Listings #1488694 | PriceChange | $675,000 Price increased by 29% |
Apr 27, 2021 Source: Maine Listings #1488694 | Listed For Sale | $525,000 |
Market trends in Gorham
Last updated July 2026
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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Homes for sale near 5 Olive Ln
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Off Market Homes Near 5 Olive Ln
SOLDAUG 11, 2026Spectrum Real Estate, Closed
SOLDAUG 4, 2026Better Homes & Gardens Real Estate/The Masiello Group, Closed
SOLDAUG 3, 2026Century 21 First Choice Realty, Closed
SOLDAUG 3, 2026Maine Real Estate Co, Closed
SOLDJUL 31, 2026Keller Williams Realty, Closed
SOLDJUL 30, 2026Pack Maynard and Associates, Closed
SOLDJUL 28, 2026Dream Home Realty LLC, Closed
SOLDJUL 27, 2026Coldwell Banker Team Real Estate, Closed
SOLDJUL 23, 2026Willis Real Estate, Closed- SOLDJUL 23, 2026
- See more homes for sale inGorham
Frequently asked questions about 5 Olive Ln
- What is 5 Olive Ln estimated to be worth?Trulia's estimated value for 5 Olive Ln in Gorham, ME is $812,600.
- 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.
- What do residents say about Gorham?Residents describe Gorham, ME as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Gorham, ME.
- How big is the lot at 5 Olive Ln?The lot at 5 Olive Ln in Gorham, ME is about 0.69 acres (30,056 sq ft).
- Does 5 Olive Ln have parking?Yes, 5 Olive Ln in Gorham, ME has on-site parking.