York, ME Real Estate Market

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 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

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

York, ME Housing Market Trends

With 13,723 people, 5,341 houses or apartments, and a median cost of homes of $564,170, York house prices are not only among the most expensive in Maine, York real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in York, accounting for 80.81% of the town's housing units. Other types of housing that are prevalent in York include duplexes, homes converted to apartments or other small apartment buildings ( 9.61%), large apartment complexes or high rise apartments ( 6.23%), and a few mobile homes or trailers ( 1.99%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in York. Owner-occupied housing accounts for 80.36% of York's homes, and 64.88% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in York built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in York built before 1939 ( 21.17%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.64%). There's also some housing in York built between 2000 and later ( 11.75%).

A decent proportion of the York housing stock is seasonally occupied. That is, homes and condos in York are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the York housing market speaks to its popularity as a vacation location of choice.

York Home Appreciation Rates

Appreciation rates for homes in York have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 61.86%, which ranks in the top 50% nationwide. This equates to an annual average York house appreciation rate of 4.93%.

NeighborhoodScout's data show that during the latest twelve months, York's appreciation rate, at 14.87%, has been at or slightly above the national average. In the latest quarter, York's appreciation rate has been 1.44%, which annualizes to a rate of 5.88%.

Relative to Maine, our data show that York's latest annual appreciation rate is lower than 80% of the other cities and towns in Maine.

Average Home Values

 

Median Home Value:
$564,170

York, ME HOME PRICES

> $1,349,000
$1,012,001 - $1,349,000
$675,001 - $1,012,000
$540,001 - $675,000
$405,001 - $540,000
$270,001 - $405,000
$135,001 - $270,000
$67,001 - $135,000
$0 - $67,000
7.8%
7.8%
2.9%
2.9%
27.2%
27.2%
19.4%
19.4%
25.0%
25.0%
9.8%
9.8%
4.9%
4.9%
1.1%
1.1%
1.8%
1.8%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for ME

Value Relative To Nation

Number Of Homes And Apartments:
5,341

York Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
ME*
Compared To
America*
Latest Quarter:
2021 Q4 - 2022 Q1
Last 12 Months:
2021 Q1 - 2022 Q1
Last 2 Years:
2020 Q1 - 2022 Q1
Last 5 Years:
2017 Q1 - 2022 Q1
Last 10 Years:
2012 Q1 - 2022 Q1
Since 2000:
2000 Q1 - 2022 Q1
128.08% 3.78%
4
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,100 / per month

Homeownership Rate

Owners
Renters
Vacant
80.4%
80.4%
19.6%
19.6%
39.8%
39.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
11.8%
11.8%
46.4%
46.4%
20.6%
20.6%
21.2%
21.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
80.8%
80.8%
1.4%
1.4%
9.6%
9.6%
6.2%
6.2%
2.0%
2.0%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.2%
2.2%
6.3%
6.3%
22.5%
22.5%
43.5%
43.5%
21.3%
21.3%
4.1%
4.1%
0.0% 100.0%
% OF HOMES