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 Q4 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$190,043

Number Of Homes And Apartments:
551,109

Maine Home Prices

Value Range
> $1,110,000 0.5
$832,001 - $1,110,000 1.1
$555,001 - $832,000 3.5
$444,001 - $555,000 4.1
$333,001 - $444,000 9.6
$222,001 - $333,000 22.9
$111,001 - $222,000 35.7
$55,001 - $111,000 14.0
$0 - $55,000 8.1

Maine Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q3 - 2017 Q4
0.89%
3.61%
7
Last 12 Months:
2016 Q4 - 2017 Q4
5.46%
5.46%
5
Last 2 Years:
2015 Q4 - 2017 Q4
10.88%
5.30%
6
Last 5 Years:
2012 Q4 - 2017 Q4
18.15%
3.39%
5
Last 10 Years:
2007 Q4 - 2017 Q4
3.98%
0.39%
4
Since 2000:
2000 Q1 - 2017 Q4
89.47%
3.67%
6
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,072 / per month

Homeownership Rate

Homeownership
Owners 69.56
Renters 30.44
Vacant 24.21

Housing Details

Age of Homes

AGE OF Maine HOMES
2000 or Newer 14.5
1970 - 1999 41.0
1940 - 1969 19.6
1939 or Older 24.9

Types of Homes

TYPE OF Maine HOMES
Single-Family 70.0
Townhomes 2.3
Small Apt. Buildings 10.7
Apt. Complexes 8.4
Mobile Homes 8.5
Other 0.0

Home Size

SIZE OF Maine HOMES
No Bedroom 2.83
1 Bedroom 11.87
2 Bedrooms 30.56
3 Bedrooms 37.85
4 Bedrooms 13.19
5 or more bedrooms 3.70