04038, Gorham, ME Housing Market

ZIP code 04038's median home value is $546K, up 4.3% over the past year. Homes here sell in a median 23 days. Its PropertyIQ Score of 52 sits right around the state average of 50.

Understanding the housing market in ZIP code 04038 requires hyperlocal data that metro and county analyses simply cannot provide. PropertyIQ's demand signal scoring — validated across more than two decades of housing data (2001–2023) — extends to ZIP-code granularity for 04038, Gorham, ME, giving investors and agents a competitive edge in ME's most specific market segments.

ZIP-level analysis in New England uncovers hyperlocal affordability pockets that county and metro averages obscure. PropertyIQ scores each ZIP code to reveal where demand signals within individual neighborhoods suggest outperformance relative to the state benchmark, giving investors granularity that broader geographic analyses miss. Within the New England, ZIP code 04038's PropertyIQ Score of 52 tracks near the New England norm.

For 04038, Gorham, ME, PropertyIQ updates a hyperlocal score each month from four signals: twelve-month and three-month Zillow home-value momentum, Realtor.com median days on market, and the Realtor.com share of price-reduced listings. The score is computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a value above 50 means this ZIP's demand dynamics read stronger than its state. ZIP-level analysis captures neighborhood variation that county and metro scores smooth over.

Use PropertyIQ's analytics tools to evaluate 04038, Gorham, ME alongside other ZIP codes and investment opportunities. The interactive map, ZIP-level rankings, and AI-generated reports provide the hyperlocal market intelligence that separates informed decisions from guesswork.