Home Values

Maine 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 Maine is None. The median rent price in Maine is $1,225.

Foreclosures will be a factor impacting home values in the next several years. In Maine 0.8 homes are foreclosed (per 10,000). This is lower than the national value of 3.5

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 Maine is 7.6%, which is higher than the national value of 6.0%. 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 Maine homeowners underwater on their mortgage is 17.1%.

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Relative ZHVI
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Maine Market Overview

  • No data
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Maine Market Health

Data through May 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 17.1% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 7.6% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby States

Name Median ZHVI
Massachusetts $315,300
New Jersey $273,700
New York $246,900
Name Median ZHVI
Connecticut $234,400
Vermont $216,200
Rhode Island $210,700
Name Median ZHVI
New Hampshire $205,200
Delaware $195,900
Pennsylvania $145,400

Listings & Sales

  • No data
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Maine Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,388 Maine
    $1,367 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
  • $1,225 Rent list price
  • $1.24 Rent list price / sq ft
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