Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gorman area can be challenging. Home prices in Gorman are now at a median cost of $79,990, lower than the Texas average of $235,268.
The average cost of rent is $560/mo in Gorman, primarily driven by the current value of real estate in the Gorman area. While nearly 80.58% of residents own their homes outright in Gorman, 26.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gorman is $3,621 per month. Households that rent pay about 15.46% of their income on rent here. Gorman's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Kokomo, TX: equally priced homes
- Rucker, TX: higher priced homes
- Duster, TX: higher priced homes
- Desdemona, TX: higher priced homes
- Carbon, TX: less expensive homes
- Staff, TX: higher priced homes
- DeLeon, TX: higher priced homes
- Highland, TX: higher priced homes
- Eastland, TX: higher priced homes
- Mangum, TX: higher priced homes
Cities with Similar Populations
- Gratis, OH: higher priced homes
- Snowden, NC: higher priced homes
- Shueyville, IA: higher priced homes
- Lapine, AL: higher priced homes
- Ladd, IL: higher priced homes
- Knoxville, PA: higher priced homes
- Kissee Mills, MO: higher priced homes
- Jewell Junction, IA: higher priced homes
- Hazel, KY: higher priced homes
- Guilford, ME: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood