Housing Market Overview

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

$214,471
$767

Housing Market Overview

Metric Washington County Maine Avg US Average
Median Home Price $214,471 $248,766 $242,182
Price Trend (Annual %) 15.6% 8.9% 8.2%
Median Gross Rent $767 $1,084 $1,342
Rent Trend (Annual %) 3.6% 4.7% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

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

Affordability

On average, housing unit costs 4.0 yearly household incomes in Washington County.

Metric Washington County Maine Avg US Average
Median Home Price $214,471 $248,766 $242,182
Median Household Income $53,164 $72,025 $78,145
Price-to-Income Ratio 4.0 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 Washington County Maine Avg US Average
Homeownership Rate 50.3% 58.4% 58.2%
Rental Rate 14.1% 20.5% 31.3%
Vacancy Rate 35.5% 21.1% 10.6%
Median Tenure (years) 18.0 16.0 15.0
Median Year Moved In 2008 2010 2011

Housing Stock

Metric Washington County Maine Avg US Average
Average Household Size 2.16 people 2.27 people 2.54 people
Median Structure Built Year 1975 1973 1978
Median Number of Rooms 5.3 5.5 5.5