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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 Q4 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2023 (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

$366,793

Number Of Homes And Apartments:

589,085

Maine Home Prices

> $1,389,876
$1,042,520 - $1,389,876
$694,815 - $1,042,519
$555,852 - $694,814
$417,037 - $555,851
$278,019 - $417,036
$139,105 - $278,018
$69,525 - $139,104
$0 - $69,524
2.7%
2.7%
3.4%
3.4%
10.2%
10.2%
10.4%
10.4%
15.5%
15.5%
23.9%
23.9%
21.1%
21.1%
7.4%
7.4%
5.3%
5.3%
0% 100.0%
% of Homes

Maine Appreciation Rates

Rent & Homeownership

Average Market Rent:

$1,752 / per month

Homeownership Rate

Owners
Renters
71.9%
71.9%
28.1%
28.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
21.1%
21.1%
78.9%
78.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
19.6%
19.6%
38.6%
38.6%
18.8%
18.8%
23.1%
23.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
70.2%
70.2%
2.5%
2.5%
10.2%
10.2%
8.9%
8.9%
8.2%
8.2%
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
2.5%
2.5%
11.7%
11.7%
29.0%
29.0%
39.1%
39.1%
13.8%
13.8%
3.9%
3.9%
0% 100.0%
% of Homes