Maine
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Top Ten Highest Appreciating ME Cities Since 2000




Maine Real Estate Values & Housing Market Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$186,901

Number Of Homes And Apartments:
553,284

Maine Home Prices

Value Range
> $1,075,000 0.9
$806,001 - $1,075,000 1.0
$537,001 - $806,000 3.1
$430,001 - $537,000 3.8
$323,001 - $430,000 9.0
$215,001 - $323,000 22.5
$108,001 - $215,000 37.5
$54,001 - $108,000 14.2
$0 - $54,000 8.0

Maine Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q1 - 2017 Q2
1.06% 4.30% 2
Last 12 Months:
2016 Q2 - 2017 Q2
4.72% 4.72% 5
Last 2 Years:
2015 Q2 - 2017 Q2
8.23% 4.04% 4
Last 5 Years:
2012 Q2 - 2017 Q2
14.90% 2.82% 3
Last 10 Years:
2007 Q2 - 2017 Q2
1.12% 0.11% 3
Since 2000:
2000 Q1 - 2017 Q2
83.02% 3.57% 6
* 10 is highest

Rent & Homeownership

Average Market Rent:
$969 / per month

Homeownership Rate

Homeownership
Owners 69.30
Renters 30.70
Vacant 23.81

Housing Details

Age of Homes

AGE OF Maine HOMES
2000 or Newer 13.6
1970 - 1999 41.3
1940 - 1969 19.8
1939 or Older 25.4

Types of Homes

TYPE OF Maine HOMES
Single-Family 69.7
Townhomes 2.2
Small Apt. Buildings 10.8
Apt. Complexes 8.5
Mobile Homes 8.8
Other 0.0

Home Size

SIZE OF Maine HOMES
No Bedroom 2.79
1 Bedroom 12.02
2 Bedrooms 30.56
3 Bedrooms 37.75
4 Bedrooms 13.16
5 or more bedrooms 3.71