Cost of homeownership in Maine
State averages from Census ACS, energy costs from DOE EIA, and appreciation from FHFA. County-level detail is below.
Home price trend
FHFA House Price Index, quarterly.
Most expensive counties
- 1.Cumberland County$372,900
- 2.York County$323,500
- 3.Lincoln County$276,400
- 4.Sagadahoc County$268,600
- 5.Knox County$260,800
- 6.Hancock County$250,900
- 7.Androscoggin County$211,800
- 8.Waldo County$210,600
- 9.Kennebec County$198,300
- 10.Oxford County$176,800
Most affordable counties
- 1.Aroostook County14.8%
- 2.Piscataquis County14.9%
- 3.Washington County15.4%
- 4.Franklin County15.6%
- 5.Penobscot County16.3%
- 6.Somerset County16.8%
- 7.Oxford County16.9%
- 8.Kennebec County17.1%
- 9.Waldo County17.5%
- 10.Androscoggin County17.7%
DOE EIA residential average.
Residential baseline.
IRS SOI, state-level avg.
All counties in Maine
Frequently asked questions
How much does it cost to own a home in Maine?
Based on Census ACS, the state average home value in Maine is $215,438, with median annual property tax around $2,525. Your actual cost depends on county and property.
What is the property tax in Maine?
Property tax rates vary by county. Maine's state average sits at roughly $2,525 per year on a median home. See county-level pages for local rates.
How fast are home prices appreciating in Maine?
FHFA House Price Index data shows Maine appreciating 4.0% over the last year and 60.5% over the last five years.
Is homeownership high in Maine?
Maine's homeownership rate is 75.9% (Census ACS). The share of owner-occupied units varies widely across counties.