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Lewiston-Auburn, ME housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$328,534+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$71,219About 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 Lewiston-Auburn, ME is worth $328,534, up 1.0% from a year ago. That is well above what local incomes have historically supported: fair value is about $265,508, so the area is 23.7% 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 $71,219 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

$0K$100K$200K$300K19801990200020102020
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$328,534
Change in 1 year+1.0%
Overvalued %+23.7%
Show 7 more
Fair home value$265,508
Change in 5 years+32.3%
Zillow forecast, next 12 months+2.6%
Home value to income4.8×
Monthly mortgage payment (20% down)$1,780
Income needed to afford it$71,219
Property tax rate1.16%

Rent and investing

Typical rent$1,589
Price-to-rent ratio17.2×
HUD Fair Market Rent, 2 bedrooms$1,677
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Gross rental yield5.80%
Cap rate (estimate)3.77%

Market activity

Listings vs a year ago+53.3%
Days on market51
Listings with a price cut25.4%
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Homes for sale259
Pending sales per 100 listings18
Asking price per sq ft$222

People and jobs

Median household income$68,642
Population change (1 year)+0.8%
Unemployment rate4.3%
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Population116,487
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 year2
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Flood risk score61.6
Wildfire risk score24.8
Walkability (1 to 20)7.1
Road, rail and air noise54 dB

Questions people ask

Is Lewiston-Auburn, ME overvalued?
Home prices in Lewiston-Auburn, ME are well above what local incomes have historically supported: fair value is about $265,508, so the area is 23.7% overvalued.
Is Lewiston-Auburn, ME a buyer's or seller's market?
Lewiston-Auburn, 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 Lewiston-Auburn, ME?
Home values in Lewiston-Auburn, 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 Lewiston-Auburn, ME?
A household needs about $71,219 a year to afford the typical home in Lewiston-Auburn, ME at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,642.

Counties in this metro

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