Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$412,002+1.6% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$89,314About 1.2× the local median income ($76,372): a stretch for a typical household
Days on market66 daysAbout the same pace as a year ago
Next 12 months+2.4%Zillow expects prices to rise slightly
The typical home in Maine is worth $412,002, up 1.6% from a year ago. That is well above what local incomes have historically supported: fair value is about $358,864, so the area is 14.8% overvalued. It is a buyer's market: homes take about 66 days to sell, listings are up 23% from a year ago, 22% of listings have had a price cut. Zillow expects prices to rise about 2.4% over the next year. A household needs about $89,314 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 $76,372. In the latest IRS figures, 6,264 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
$412,002
Change in 1 year
+1.6%
Overvalued %
+14.8%
Show 7 more
Fair home value
$358,864
Change in 5 years
+26.8%
Zillow forecast, next 12 months
+2.4%
Home value to income
5.4×
Monthly mortgage payment (20% down)
$2,233
Income needed to afford it
$89,314
Property tax rate
1.02%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,689
Market activity
Listings vs a year ago
+22.6%
Days on market
66
Listings with a price cut
21.7%
Show 3 more
Homes for sale
6,528
Pending sales per 100 listings
15
Asking price per sq ft
$277
People and jobs
Median household income
$76,372
Population change (1 year)
+0.5%
Unemployment rate
3.8%
Show 4 more
Population
1,414,874
Income adjusted for cost of living
$78,734
Net moves in (IRS)
+6,264
Cost of living (US = 100)
97.0
Schools, risk and environment
FEMA hazard risk score (0 to 100)
67.9
Unhealthy air days a year
3
Flood risk score
75.7
Show 3 more
Wildfire risk score
32.4
Walkability (1 to 20)
7.1
Road, rail and air noise
54 dB
Questions people ask
Is Maine overvalued?
Home prices in Maine are well above what local incomes have historically supported: fair value is about $358,864, so the area is 14.8% overvalued.
Is Maine a buyer's or seller's market?
Maine is a buyer's market: homes take about 66 days to sell, listings are up 23% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Maine?
Home values in Maine are up 1.6% over the last year. Zillow's forecast for the next 12 months is +2.4%.
How much do you need to earn to buy a home in Maine?
A household needs about $89,314 a year to afford the typical home in Maine at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $76,372.