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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 Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (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

$346,545

Number Of Homes And Apartments:

580,172

Maine Home Prices

> $1,467,827
$1,101,001 - $1,467,827
$734,019 - $1,101,000
$587,190 - $734,018
$440,362 - $587,189
$293,448 - $440,361
$146,693 - $293,447
$73,271 - $146,692
$0 - $73,270
2.1%
2.1%
2.7%
2.7%
8.1%
8.1%
9.1%
9.1%
14.8%
14.8%
24.8%
24.8%
24.5%
24.5%
8.2%
8.2%
5.6%
5.6%
0% 100.0%
% of Homes

Maine Appreciation Rates

Rent & Homeownership

Average Market Rent:

$1,728 / per month

Homeownership Rate

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

Vacancy Rate

Vacant
Occupied
21.8%
21.8%
78.2%
78.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
18.5%
18.5%
39.3%
39.3%
18.8%
18.8%
23.4%
23.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
70.0%
70.0%
2.4%
2.4%
10.4%
10.4%
8.9%
8.9%
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
2.7%
2.7%
11.9%
11.9%
29.0%
29.0%
38.9%
38.9%
13.8%
13.8%
3.8%
3.8%
0% 100.0%
% of Homes