Market Overview
Home Prices in Gorham, KS
The median home value in Gorham, KS is $153,905 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 12.8% compared to a year ago and up 6.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gorham are priced62% below average. Gorham is part of the Hays, KS metro area.
Over the past five years, Gorham home values have risen by approximately44.0%, reflecting strong long-term appreciation in this market.
Price History
Gorham Home Price Trend
2020
$112,106
$112K
—
2021
$106,860
$107K
-4.7%
2022
$125,959
$126K
+17.9%
2023
$124,462
$124K
-1.2%
2024
$128,169
$128K
+3.0%
2025
$136,475
$136K
+6.5%
2026
$153,905
$154K
+12.8%
City Comparison
Gorham vs. National Median
🏠 Gorham
$153,905
National Median
$410,000
At $153,905, homes in Gorham cost 62% below the national median of $410,000. This makes Gorham a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gorham?
20% Down Payment
$30,781
on $153,905
Monthly P&I
$803/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,020/mo
incl. taxes & insurance
Income Needed
$40,800
gross annual (30% rule)
10% Down Option
$15,391
+ PMI applies
Loan Amount (20% dn)
$123,124
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Gorham, KS?
The median home value in Gorham is $153,905 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 12.8% year-over-year.
How much have home prices changed in Gorham?
Over the past year, home values in Gorham have increased by 12.8%. Over five years, prices have risen approximately 44.0%.
How much do I need to earn to buy a home in Gorham?
To comfortably afford the median home price of $153,905 with a 20% down payment ($30,781) at today's rates (6.8%), you'd need a gross annual income of approximately $40,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Gorham compare to the national average home price?
The national median home value is approximately $410,000. At $153,905, homes in Gorham are 62% below the national average.
What metro area is Gorham part of?
Gorham is part of the Hays, KS metropolitan area. Home prices and market conditions can vary across the broader metro region.