Bridgton, ME—04009
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bridgton, ME
As of Oct '25, the median home price in Bridgton, ME is $398,000, with a year-over-year change of -0.7%. This indicates that home prices in Bridgton, ME are flat. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $398,000 | -0.7% |
| Single Family | $376,000 | -1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $330,000 | 0.0% |
3 Bed | $394,000 | -0.5% |
4 Bed | $533,000 | -1.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bridgton, ME
As of July '25, Rentcast reports the average rent in Bridgton, ME is $1,530, with a year-over-year rent change of -19.5%. Per bedroom, the median rent as of July '25 in Bridgton, ME is 1-bedrooms: $1,480, 2-bedrooms: $1,600. The most common rental property sizes in Bridgton, ME are 3-bedroom and 2-bedroom, accounting for 37.2% and 31.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,530 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,350 | $1,480 |
| 2 Bed Rent | $1,600 | $1,600 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bridgton, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Bridgton, ME is 58. This is a increase of 14.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $538,000 | 15.0% |
Listing Count | 60 | 5.0% |
| Listings as % of Homes | 0.4% | 5.0% |
Days on Market | 58 | 14.0% |
Demographics — Bridgton, ME
As of the latest ACS Survey released in 2023, Bridgton, ME has a population of 5,360, which has remained stable by 1.0% over the past 5 years. Bridgton, ME is a moderately popular place for families, as children make up 15.6% of the population. The area has a moderately educated workforce, with 32.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,360 | 1.0% |
% Under 18 | 15.6% | -8.8% |
% Seniors | 26.8% | 21.3% |
% WFH | 13.1% | 469.6% |
% w/ College Degree | 32.3% | 10.2% |
As of the latest ACS Survey released in 2023, Bridgton, ME is a predominantly white area, with 92.6% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Bridgton, ME is hispanic, making up 4.1% of the population. Foreign-born residents account for 6.0% of the population in Bridgton, ME, and this percentage has increased by 130.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.6% | -1.8% |
% Black | 0.4% | 33.3% |
% Hispanic | 4.1% | 925.0% |
% Asian | 0.3% | -62.5% |
% Foreign Born | 6.0% | 130.8% |
Mortgage and Risk — Bridgton, ME
According to HUD data as of 2023, there were 146 mortgage originations in Bridgton, ME, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Bridgton, ME. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 146 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 3.0% |
% Second Loans | 23.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Bridgton, ME
Bridgton, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 60 |
Total Units Section 8 | 60 |
% Rentals under Section 8 | 11.8% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$260 | $1,350 | $1,090 |
| 2 Bedroom | -$170 | $1,600 | $1,430 |
| 3 Bedroom | N/A | N/A | $1,800 |
| 4 Bedroom | N/A | N/A | $2,190 |
Affordability — Bridgton, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $398,000 |
| Median Household Income | $86,400 |