Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$164,770
$735

Housing Market Overview

Metric Aroostook County Maine Avg US Average
Median Home Price $164,770 $248,766 $242,182
Price Trend (Annual %) 13.1% 8.9% 8.2%
Median Gross Rent $735 $1,084 $1,342
Rent Trend (Annual %) 3.8% 4.7% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Aroostook County
Maine
United States
Year Aroostook County Maine United States
Median Rent Over Time
Aroostook County
Maine
United States
Year Aroostook County Maine United States

Affordability

On average, housing unit costs 3.0 yearly household incomes in Aroostook County.

Metric Aroostook County Maine Avg US Average
Median Home Price $164,770 $248,766 $242,182
Median Household Income $54,230 $72,025 $78,145
Price-to-Income Ratio 3.0 3.5 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Aroostook County Maine Avg US Average
Homeownership Rate 57.4% 58.4% 58.2%
Rental Rate 19.8% 20.5% 31.3%
Vacancy Rate 22.8% 21.1% 10.6%
Median Tenure (years) 18.0 16.0 15.0
Median Year Moved In 2008 2010 2011

Housing Stock

Metric Aroostook County Maine Avg US Average
Average Household Size 2.20 people 2.27 people 2.54 people
Median Structure Built Year 1969 1973 1978
Median Number of Rooms 5.5 5.5 5.5