Maine
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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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 Q1 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:
$184,714

Number Of Homes And Apartments:
553,284

Maine Home Prices

Value Range
> $1,084,000 0.9
$813,001 - $1,084,000 1.0
$542,001 - $813,000 3.1
$434,001 - $542,000 3.8
$325,001 - $434,000 9.0
$217,001 - $325,000 22.5
$108,001 - $217,000 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:
2016 Q4 - 2017 Q1
0.59% 2.36% 5
Last 12 Months:
2016 Q1 - 2017 Q1
5.05% 5.05% 7
Last 2 Years:
2015 Q1 - 2017 Q1
8.59% 4.21% 6
Last 5 Years:
2012 Q1 - 2017 Q1
12.66% 2.41% 3
Last 10 Years:
2007 Q1 - 2017 Q1
-0.52% -0.05% 4
Since 2000:
2000 Q1 - 2017 Q1
81.35% 3.56% 7
* 10 is highest

Rent & Homeownership

Average Market Rent:
$963 / 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