Home Values

Hancock County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Hancock County is $165, which is higher than the Maine average of $136. The median price of homes currently listed in Hancock County is $258,500 while the median price of homes that sold is $427,000.

Foreclosures will be a factor impacting home values in the next several years. In Hancock County 3.5 homes are foreclosed (per 10,000). This is greater than the Maine value of 1.4 and also lower than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Hancock County is 6.0%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Hancock County homeowners underwater on their mortgage is 10.3%, which is lower than Maine at 16.0%.

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Relative ZHVI
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Hancock County Market Overview

Data through Jan 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $258,500 Median listing price
  • No recent data Median sale price
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Hancock County Market Health

Data through Jan 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 10.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 6.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

3.5 homes(Nov 30, 2011) Hancock County
1.4 homes(Dec 31, 2014) Maine
4 homes United States
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Nearby Counties

Name Median ZHVI
Barnstable County $371,700
Essex County $344,400
Plymouth County $314,300

Listings & Sales

Data through Jan 31, 2015
  • $165 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
5.1%
Sold below listing
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Hancock County Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,331 Maine
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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