Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$436,709−0.6% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 20% have cut their price
Income needed to buy, per year$94,669About 1.3× the local median income ($73,005): a stretch for a typical household
Days on market92 daysAbout the same pace as a year ago
The typical home in Knox County, ME is worth $436,709, down 0.6% from a year ago. That is well above what local incomes have historically supported: fair value is about $380,501, so the area is 14.8% overvalued. It is a buyer's market: homes take about 92 days to sell, listings are up 24% from a year ago, 20% of listings have had a price cut. A household needs about $94,669 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 $73,005. Typical rent is $1,943 a month. In the latest IRS figures, 180 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
$436,709
Change in 1 year
−0.6%
Overvalued %
+14.8%
Show 6 more
Fair home value
$380,501
Change in 5 years
+22.6%
Home value to income
6.0×
Monthly mortgage payment (20% down)
$2,367
Income needed to afford it
$94,669
Property tax rate
1.17%
Rent and investing
Typical rent
$1,943
Price-to-rent ratio
18.7×
HUD Fair Market Rent, 2 bedrooms
$1,503
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Gross rental yield
5.34%
Cap rate (estimate)
3.47%
Market activity
Listings vs a year ago
+23.7%
Days on market
92
Listings with a price cut
19.7%
Show 3 more
Homes for sale
277
Pending sales per 100 listings
18
Asking price per sq ft
$312
People and jobs
Median household income
$73,005
Population change (1 year)
+0.4%
Unemployment rate
3.9%
Show 4 more
Population
41,117
Income adjusted for cost of living
$79,700
Net moves in (IRS)
+180
Cost of living (US = 100)
91.6
Schools, risk and environment
School rating (1 to 10)
7.3
FEMA hazard risk score (0 to 100)
28.6
Unhealthy air days a year
0
Show 4 more
Flood risk score
69.2
Wildfire risk score
16.8
Walkability (1 to 20)
7.0
Road, rail and air noise
54 dB
Questions people ask
Is Knox County, ME overvalued?
Home prices in Knox County, ME are well above what local incomes have historically supported: fair value is about $380,501, so the area is 14.8% overvalued.
Is Knox County, ME a buyer's or seller's market?
Knox County, ME is a buyer's market: homes take about 92 days to sell, listings are up 24% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Knox County, ME?
Home values in Knox County, ME are down 0.6% over the last year.
How much do you need to earn to buy a home in Knox County, ME?
A household needs about $94,669 a year to afford the typical home in Knox County, ME at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $73,005.