Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$290,988+1.0% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 19% have cut their price
Income needed to buy, per year$63,080About 1.0× the local median income ($60,281): a stretch for a typical household
Days on market83 daysAbout the same pace as a year ago
The typical home in Franklin County, ME is worth $290,988, up 1.0% from a year ago. That is well above what local incomes have historically supported: fair value is about $252,899, so the area is 15.1% overvalued. It is a buyer's market: homes take about 83 days to sell, listings are up 14% from a year ago, 19% of listings have had a price cut. A household needs about $63,080 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 $60,281. In the latest IRS figures, 223 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
$290,988
Change in 1 year
+1.0%
Overvalued %
+15.1%
Show 6 more
Fair home value
$252,899
Change in 5 years
+24.4%
Home value to income
4.8×
Monthly mortgage payment (20% down)
$1,577
Income needed to afford it
$63,080
Property tax rate
1.04%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,264
Market activity
Listings vs a year ago
+14.4%
Days on market
83
Listings with a price cut
18.8%
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Homes for sale
270
Pending sales per 100 listings
10
Asking price per sq ft
$288
People and jobs
Median household income
$60,281
Population change (1 year)
−0.2%
Unemployment rate
4.6%
Show 4 more
Population
30,824
Income adjusted for cost of living
$65,809
Net moves in (IRS)
+223
Cost of living (US = 100)
91.6
Schools, risk and environment
School rating (1 to 10)
4.7
FEMA hazard risk score (0 to 100)
43.6
Unhealthy air days a year
0
Show 4 more
Flood risk score
53.0
Wildfire risk score
16.0
Walkability (1 to 20)
5.6
Road, rail and air noise
54 dB
Questions people ask
Is Franklin County, ME overvalued?
Home prices in Franklin County, ME are well above what local incomes have historically supported: fair value is about $252,899, so the area is 15.1% overvalued.
Is Franklin County, ME a buyer's or seller's market?
Franklin County, ME is a buyer's market: homes take about 83 days to sell, listings are up 14% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Franklin County, ME?
Home values in Franklin County, ME are up 1.0% over the last year.
How much do you need to earn to buy a home in Franklin County, ME?
A household needs about $63,080 a year to afford the typical home in Franklin County, ME at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $60,281.