Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$328,518+1.0% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$71,216About 1.0× the local median income ($68,642): a stretch for a typical household
Days on market51 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.6%Zillow expects prices to rise slightly
The typical home in Androscoggin County, ME is worth $328,518, up 1.0% from a year ago. That is well above what local incomes have historically supported: fair value is about $265,411, so the area is 23.8% overvalued. It is a buyer's market: homes take about 51 days to sell, listings are up 53% from a year ago, 25% of listings have had a price cut. Zillow expects prices to rise about 2.6% over the next year. A household needs about $71,216 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,642. Typical rent is $1,589 a month. In the latest IRS figures, 397 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$328,518
Change in 1 year
+1.0%
Overvalued %
+23.8%
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Fair home value
$265,411
Change in 5 years
+32.3%
Zillow forecast, next 12 months
+2.6%
Home value to income
4.8×
Monthly mortgage payment (20% down)
$1,780
Income needed to afford it
$71,216
Property tax rate
1.16%
Rent and investing
Typical rent
$1,589
Price-to-rent ratio
17.2×
HUD Fair Market Rent, 2 bedrooms
$1,677
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Gross rental yield
5.80%
Cap rate (estimate)
3.77%
Market activity
Listings vs a year ago
+53.3%
Days on market
51
Listings with a price cut
25.4%
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Homes for sale
259
Pending sales per 100 listings
18
Asking price per sq ft
$222
People and jobs
Median household income
$68,642
Population change (1 year)
+0.8%
Unemployment rate
4.3%
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Population
116,487
Income adjusted for cost of living
$72,484
Net moves in (IRS)
+397
Cost of living (US = 100)
94.7
Schools, risk and environment
School rating (1 to 10)
3.7
FEMA hazard risk score (0 to 100)
59.1
Unhealthy air days a year
2
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Flood risk score
61.6
Wildfire risk score
24.8
Walkability (1 to 20)
7.1
Road, rail and air noise
54 dB
Questions people ask
Is Androscoggin County, ME overvalued?
Home prices in Androscoggin County, ME are well above what local incomes have historically supported: fair value is about $265,411, so the area is 23.8% overvalued.
Is Androscoggin County, ME a buyer's or seller's market?
Androscoggin County, ME is a buyer's market: homes take about 51 days to sell, listings are up 53% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Androscoggin County, ME?
Home values in Androscoggin County, ME are up 1.0% over the last year. Zillow's forecast for the next 12 months is +2.6%.
How much do you need to earn to buy a home in Androscoggin County, ME?
A household needs about $71,216 a year to afford the typical home in Androscoggin County, ME at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,642.