Lincoln County, Maine Housing Market Prices
Lincoln County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 5% below the Maine median$248,842
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Median rent 7% below the Maine median$1,055
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lincoln County | Maine Avg | US Average |
|---|---|---|---|
| Median Home Price | $248,842 | $261,367 | $248,835 |
| Price Trend (Annual %) | 4.3% | 8.5% | 7.5% |
| Median Gross Rent | $1,055 | $1,139 | $1,407 |
| Rent Trend (Annual %) | 3.8% | 4.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lincoln County is about 5% lower than in Maine. Rent is about 7% lower than the Maine average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Lincoln County, up about 4.3% and 3.8% a year respectively. Home prices are changing faster.
Median rent in Lincoln County rose about 36.7% between 2015 and 2024, from $772 to $1,055. Over the same span, rent in Maine rose about 46.7%.
Affordability
On average, housing unit costs 3.2 yearly household incomes in Lincoln County.
Buying the median-priced home in Lincoln County costs roughly 19.7 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Lincoln County. The price-to-rent ratio in Maine is about 19.1.
| Metric | Lincoln County | Maine Avg | US Average |
|---|---|---|---|
| Median Home Price | $248,842 | $261,367 | $248,835 |
| Median Household Income | $76,791 | $74,723 | $80,455 |
| Price-to-Income Ratio | 3.2 | 3.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lincoln County rose about 24.0%, while median household income rose about 45.7% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Lincoln County | Maine Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.2% | 59.0% | 58.5% |
| Rental Rate | 12.1% | 20.4% | 31.2% |
| Vacancy Rate | 30.6% | 20.6% | 10.2% |
| Median Tenure (years) | 18.0 | 16.0 | 15.0 |
| Median Year Moved In | 2008 | 2010 | 2011 |
Lincoln County has a homeownership rate of 57.2%, lower than the Maine average of 59.0%. Its housing vacancy rate is 30.6%, compared with 20.6% in Maine.
Housing Stock
| Metric | Lincoln County | Maine Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.13 people | 2.25 people | 2.53 people |
| Median Structure Built Year | 1977 | 1974 | 1978 |
| Median Number of Rooms | 5.9 | 5.5 | 5.5 |
The typical housing unit in Lincoln County was built around 1977. On average, 2.1 people live in a home with about 5.9 rooms, staying for about 18.0 years on average.
Lincoln County, ME Housing Compared With Nearby Counties
Lincoln County, ME is typical in size for this group, 36,099 residents against a local median of 41,003, so the measures below are close to a like for like comparison. Where Lincoln County, ME breaks from the counties next to it is median home price, sitting 43% above the local median of $174,285 at $248,842.
The counties themselves spread $263,551 on median home price, so Lincoln County, ME sits at one end of an already wide local range rather than apart from it. Lincoln County, ME has the 3rd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lincoln County, ME | 36,099 | $248,842 #3/6 | $1,055 #3/6 | 82.5% #1/6 |
| Sagadahoc County, ME | 37,285 | $408,621 | $1,097 | 77.8% |
| Kennebec County, ME | 126,799 | $174,285 | $991 | 73.7% |
| Knox County, ME | 41,003 | $167,467 | $1,164 | 78.7% |
| Waldo County, ME | 40,192 | $258,333 | $1,020 | 81.9% |
| Androscoggin County, ME | 113,398 | $145,070 | $1,010 | 67.9% |
Frequently Asked Questions
Common questions about the housing market in Lincoln County, Maine.
What is the median home price in Lincoln County, Maine?
The median home price in Lincoln County, Maine is $248,842, lower than the Maine average of $261,367.
What is the average home price in Lincoln County, Maine?
The typical home price in Lincoln County, Maine, reported as the median sale price, is $248,842. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Lincoln County, Maine?
The median gross rent in Lincoln County, Maine is $1,055 per month, lower than the Maine average of $1,139.
What was the median gross rent in Lincoln County in 2020?
In 2020, the median gross rent in Lincoln County, Maine was $817 per month.
What is the price-to-rent ratio in Lincoln County, Maine?
The price-to-rent ratio in Lincoln County, Maine is about 19.7, meaning it would take roughly 19.7 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Lincoln County.
Are home prices or rent rising faster in Lincoln County, Maine?
Both home prices and rent are rising in Lincoln County, up about 4.3% and 3.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lincoln County, Maine?
57.2% of households in Lincoln County, Maine own their home, lower than the Maine average of 59.0%.
What is the vacancy rate in Lincoln County, Maine?
The housing vacancy rate in Lincoln County, Maine is 30.6%, higher than the Maine average of 20.6%.
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