Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
1
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$1,034,829
Range: $863,029-$1,234,419
Evaluated June 4, 2025
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Property Facts
166 Narragansett St, Gorham, ME is a commercial (general) home that contains 3,385 Sq. Ft. and was built in 2004. This home last sold for $970,000 on 8/30/2022.
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County:CUMBERLAND
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Year Built:2004
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Living Area:3,385 Sq. Ft.
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Lot Size:60,113 Sq. Ft.
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Zone:ND
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Parcel:GRHM M:039 B:044 L:000
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Bedrooms:-
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Bathrooms:-
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Owner:CHINCHILLA CAPITAL LLC
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Property History
Price History
Date
Event
Price
Source
8/30/2022
Sold
$970,000
Public Records
Sales in a non-disclosure state
Tax History
Year
Taxes
Total Assessment
2024
$10,660 (+6.2%)
$725,200 (-0.66%)
2023
$10,038 (+14.3%)
$730,000 (+6.82%)
2022
$8,782 (-16.62%)
$683,400 (+25.88%)
2021
$10,532 (+2.1%)
$542,900 (0%)
2020
$10,315 (+0.26%)
$542,900 (0%)
2019
$10,288 (+4.12%)
$542,900 (0%)
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Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
166 Narragansett St
Gorham, ME 04038
This Property
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3,385 Sq. Ft.
2004 Year Built
1
20 Flaggy Meadow Road
Gorham, ME 4038
$745,000
3 Bed
3 Bath
3,480 Sq. Ft.
1951 Year Built
2
31 Village Woods Circle
Gorham, ME 4038
$810,000
4 Bed
3 Bath
3,354 Sq. Ft.
1989 Year Built
3
28 Adeline Drive
Gorham, ME 4038
$600,000
4 Bed
4 Bath
2,987 Sq. Ft.
1986 Year Built
4
10 Sunrise Lane
Gorham, ME 4038
$854,000
4 Bed
4 Bath
3,010 Sq. Ft.
2003 Year Built
5
34 Blue Flag Lane
Gorham, ME 4038
$1,130,000
3 Bed
3 Bath
2,586 Sq. Ft.
1976 Year Built
6
19 Heather Way
Gorham, ME 4038
$695,000
5 Bed
3 Bath
2,454 Sq. Ft.
1998 Year Built
7
12 Adeline Drive
Gorham, ME 4038
$560,000
3 Bed
2 Bath
2,918 Sq. Ft.
1985 Year Built
8
18 Boreal Drive
Gorham, ME 4038
$660,000
3 Bed
3 Bath
2,622 Sq. Ft.
2005 Year Built
9
11 Village Woods Circle
Gorham, ME 4038
$810,000
4 Bed
4 Bath
2,597 Sq. Ft.
1994 Year Built
10
10 Shady Run Lane
Gorham, ME 4038
$737,500
3 Bed
3 Bath
2,808 Sq. Ft.
1993 Year Built
Sales in a non-disclosure state
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Market Trends
Gorham
04038
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
Jun 2024
$558,450
May 2025
$565,000
Change
+1.2%
1 Year
2 Years
5 Years
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Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a property's market value.
1 Year
2 Years
5 Years
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Average Days on Market
Average Days on Market represent the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
Jun 2024
76 Days
May 2025
107 Days
Change
+40.8%
1 Year
2 Years
5 Years
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
1 Year
2 Years
5 Years
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
1 Year
2 Years
5 Years
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Area Statistics
People
ZIP (04038)
City (Gorham)
Population
17,147
18,114
Population Density
338.9
357.9
People Per Household
2.7
2.7
Median Age
36.1
36.1
Median Household Income
$90,446
$90,446
Average Income
$40,200
$40,200
Economy
ZIP (04038)
City (Gorham)
Unemployment
1.90%
1.70%
Recent Job Growth
1.08%
1.13%
Future Job Growth
37.25%
38.21%
Sales Tax
5.50%
5.50%
Income Tax
7.15%
7.15%
Cost of Living Index
114.5
114.6
Environment
ZIP (04038)
City (Gorham)
Altitude
212
239
Rainfall (Inches Annually)
49.6
49.6
Snowfall (Inches Annually)
73.6
73.6
January Avg. Low Temp
8.7
8.7
July Avg. High Temp
79.8
79.8
Days of Precipitation Annually
129
129
Days Mostly Sunny Annually
200
200
Comfort Index (During Hot Weather)
6
6
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
9-12
0.5 mi
6-8
0.7 mi
K-5
1.1 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
