Real Estate Investing in Gorham, Kansas
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Should you buy in Gorham, KS? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 18.7% of homes vacant — above national norms.
What’s happening in Gorham, KS?
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Market Trends — Gorham, KS
Home Value History
Investing in Gorham Real Estate
Gorham in Kansas is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.
A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Gorham is in that category.
Rents in Gorham at $828/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.
A an established population with $N/AK household income profile is what makes Gorham a challenging rental market — the tenant base is present, but the affordability math is tight.
Best ZIP codes in Hays, KS
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ZIP Codes in Gorham, KS
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View PlansFrequently Asked Questions About Gorham, KS
Should investors worry about vacancy in Gorham, KS?
Vacancy risk in Gorham, KS is elevated. That supports steady cash flow for typical rental holds.
What is the average monthly rent in Gorham, KS?
Investors in Gorham, KS typically see rents near $828/mo per month against $145K home values - a solid setup for rental cash flow.
Is housing expensive in Gorham, KS?
Typical homes in Gorham, KS go for around $145K. The 5-year CAGR of 0.0% consistent price movement.
What strategy should investors use in Gorham, KS?
In Gorham, KS the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $145K prices and $828/mo rents suits that approach.
What is the investability score for Gorham, KS?
With a 3.0/5 investability score, Gorham, KS ranks as a solid market for rental property investors. Median prices of $145K and rents of $828/mo drive the underlying numbers.
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