Bowdoinham, ME—04008
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bowdoinham, ME
As of Oct '25, the median home price in Bowdoinham, ME is $377,000, with a year-over-year change of 1.6%. This indicates that home prices in Bowdoinham, ME are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $377,000 | 1.6% |
| Single Family | $377,000 | 1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $336,000 | 1.5% |
3 Bed | $395,000 | 2.3% |
4 Bed | $473,000 | 3.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bowdoinham, ME
Bowdoinham, ME lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,200 | $3,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bowdoinham, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Bowdoinham, ME is 44. This is a increase of 138.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $390,000 | -11.0% |
Listing Count | 7 | 122.0% |
| Listings as % of Homes | 0.3% | 122.0% |
Days on Market | 44 | 138.0% |
Demographics — Bowdoinham, ME
As of the latest ACS Survey released in 2023, Bowdoinham, ME has a population of 3,120, which has increased by 9.5% over the past 5 years. Bowdoinham, ME is a moderately popular place for families, as children make up 19.0% of the population. The area has a moderately educated workforce, with 39.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,120 | 9.5% |
% Under 18 | 19.0% | -0.5% |
% Seniors | 19.1% | -18.7% |
% WFH | 15.6% | 254.5% |
% w/ College Degree | 39.4% | 30.5% |
As of the latest ACS Survey released in 2023, Bowdoinham, ME is a predominantly white area, with 90.3% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Bowdoinham, ME is hispanic, making up 2.6% of the population. Foreign-born residents account for 1.9% of the population in Bowdoinham, ME, and this percentage has decreased by 17.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.3% | -4.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.6% | 271.4% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.9% | -17.4% |
Mortgage and Risk — Bowdoinham, ME
Bowdoinham, ME lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Bowdoinham, ME
Bowdoinham, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 16 |
Total Units Section 8 | 16 |
% Rentals under Section 8 | 14.7% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,230 |
| 2 Bedroom | N/A | N/A | $1,510 |
| 3 Bedroom | -$1,080 | $3,200 | $2,120 |
| 4 Bedroom | N/A | N/A | $2,540 |
Affordability — Bowdoinham, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $377,000 |
| Median Household Income | $105,000 |