menu

Maine
Real Estate Appreciation & Housing Market Trends






Maine Real Estate Market & Appreciation

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 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Average Home Values

Median Home Value

$306,988

Number Of Homes And Apartments:

571,064

Maine Home Prices

> $1,497,276
$1,123,197 - $1,497,276
$748,768 - $1,123,196
$598,777 - $748,767
$449,109 - $598,776
$299,328 - $449,108
$149,581 - $299,327
$74,825 - $149,580
$0 - $74,824
1.5%
1.5%
1.8%
1.8%
5.5%
5.5%
6.6%
6.6%
13.5%
13.5%
24.5%
24.5%
30.0%
30.0%
10.6%
10.6%
6.1%
6.1%
0% 100.0%
% of Homes

Maine Appreciation Rates

Rent & Homeownership

Average Market Rent:

$1,862 / per month

Homeownership Rate

Owners
Renters
Vacant
71.5%
71.5%
28.5%
28.5%
22.6%
22.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
17.9%
17.9%
39.6%
39.6%
18.8%
18.8%
23.7%
23.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
70.3%
70.3%
2.4%
2.4%
10.2%
10.2%
8.8%
8.8%
8.3%
8.3%
0.1%
0.1%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.8%
2.8%
11.8%
11.8%
29.0%
29.0%
39.1%
39.1%
13.6%
13.6%
3.7%
3.7%
0% 100.0%
% of Homes