Washington County, Maine Housing Market Prices
Washington 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 About the same as the Maine median Among the 5 most expensive counties in Maine$262,197
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Median rent 31% below the Maine median Cheapest county in Maine$782
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Washington County | Maine Avg | US Average |
|---|---|---|---|
| Median Home Price | $262,197 | $261,367 | $248,835 |
| Price Trend (Annual %) | 16.4% | 8.5% | 7.5% |
| Median Gross Rent | $782 | $1,139 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 4.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Washington County is about the same as in Maine. Rent is about 31% 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 Washington County, up about 16.4% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Washington County rose about 32.0% between 2015 and 2024, from $593 to $782. Over the same span, rent in Maine rose about 46.7%.
Affordability
On average, housing unit costs 4.6 yearly household incomes in Washington County.
Buying the median-priced home in Washington County costs roughly 27.9 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Washington County. The price-to-rent ratio in Maine is about 19.1.
| Metric | Washington County | Maine Avg | US Average |
|---|---|---|---|
| Median Home Price | $262,197 | $261,367 | $248,835 |
| Median Household Income | $56,734 | $74,723 | $80,455 |
| Price-to-Income Ratio | 4.6 | 3.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Washington County rose about 127.4%, while median household income rose about 57.4% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Washington County | Maine Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 52.0% | 59.0% | 58.5% |
| Rental Rate | 13.3% | 20.4% | 31.2% |
| Vacancy Rate | 34.7% | 20.6% | 10.2% |
| Median Tenure (years) | 18.0 | 16.0 | 15.0 |
| Median Year Moved In | 2008 | 2010 | 2011 |
Washington County has a homeownership rate of 52.0%, lower than the Maine average of 59.0%. Its housing vacancy rate is 34.7%, compared with 20.6% in Maine.
Housing Stock
| Metric | Washington County | Maine Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.06 people | 2.25 people | 2.53 people |
| Median Structure Built Year | 1976 | 1974 | 1978 |
| Median Number of Rooms | 5.3 | 5.5 | 5.5 |
The typical housing unit in Washington County was built around 1976. On average, 2.1 people live in a home with about 5.3 rooms, staying for about 18.0 years on average.
Washington County, ME Housing Compared With Nearby Counties
Washington County, ME is the smallest of the 5 counties compared here, 31,330 residents against a local median of 48,732. Washington County, ME's median rent, at $782, runs 26% below the $1,050 typical of the counties around it.
Median home price tells the same story from another angle: $262,197 against a local median of $218,502, 20% above it. The counties themselves sit within $144 of each other on median rent, a tighter band than the gap between any of them and Washington County, ME, which makes it a genuine outlier here rather than one end of a wide local spread. Washington County, ME has the 5th highest median rent of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Washington County, ME | 31,330 | $262,197 #2/5 | $782 #5/5 | 79.7% #2/5 |
| Hancock County, ME | 56,460 | $345,205 | $1,060 | 78.5% |
| Penobscot County, ME | 154,700 | $178,672 | $1,041 | 70.5% |
| Waldo County, ME | 40,192 | $258,333 | $1,020 | 81.9% |
| Knox County, ME | 41,003 | $167,467 | $1,164 | 78.7% |
Frequently Asked Questions
Common questions about the housing market in Washington County, Maine.
What is the median home price in Washington County, Maine?
The median home price in Washington County, Maine is $262,197, about the same as the Maine average.
What is the average home price in Washington County, Maine?
The typical home price in Washington County, Maine, reported as the median sale price, is $262,197. 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 Washington County, Maine?
The median gross rent in Washington County, Maine is $782 per month, lower than the Maine average of $1,139.
What was the median gross rent in Washington County in 2020?
In 2020, the median gross rent in Washington County, Maine was $581 per month.
What is the price-to-rent ratio in Washington County, Maine?
The price-to-rent ratio in Washington County, Maine is about 27.9, meaning it would take roughly 27.9 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Washington County.
Are home prices or rent rising faster in Washington County, Maine?
Both home prices and rent are rising in Washington County, up about 16.4% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Washington County, Maine?
52.0% of households in Washington County, Maine own their home, lower than the Maine average of 59.0%.
What is the vacancy rate in Washington County, Maine?
The housing vacancy rate in Washington County, Maine is 34.7%, higher than the Maine average of 20.6%.
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