Cornish, ME—04020
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cornish, ME
As of Oct '25, the median home price in Cornish, ME is $371,000, with a year-over-year change of -0.9%. This indicates that home prices in Cornish, ME are flat. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $371,000 | -0.9% |
| Single Family | $371,000 | -1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $326,000 | -1.2% |
3 Bed | $390,000 | -1.8% |
4 Bed | $433,000 | -0.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cornish, ME
Cornish, ME lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,000 | $2,000 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cornish, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Cornish, ME is 53. This is a decrease of -18.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $419,000 | -16.0% |
Listing Count | 5 | -4.0% |
| Listings as % of Homes | 0.3% | -4.0% |
Days on Market | 53 | -18.0% |
Demographics — Cornish, ME
As of the latest ACS Survey released in 2023, Cornish, ME has a population of 1,950, which has increased by 52.4% over the past 5 years. Cornish, ME is a moderately popular place for families, as children make up 17.8% of the population. The area has a poorly educated workforce, with 19.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,950 | 52.4% |
% Under 18 | 17.8% | -4.3% |
% Seniors | 14.8% | -37.3% |
% WFH | 5.6% | 0.0% |
% w/ College Degree | 19.7% | -20.9% |
As of the latest ACS Survey released in 2023, Cornish, ME is a predominantly white area, with 82.3% of the population identifying as white. The white population has shrunk by 17.0% in the last 5 years. The second most common race or ethnicity in Cornish, ME is asian, making up 0.2% of the population. Foreign-born residents account for 0.2% of the population in Cornish, ME, and this percentage has decreased by 92.3% 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 | 82.3% | -17.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.0% | N/A |
% Asian | 0.2% | ∞% |
% Foreign Born | 0.2% | -92.3% |
Mortgage and Risk — Cornish, ME
Cornish, 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 — Cornish, ME
Cornish, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 17 |
Total Units Section 8 | 17 |
% Rentals under Section 8 | 12.5% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,320 |
| 2 Bedroom | -$370 | $2,000 | $1,630 |
| 3 Bedroom | N/A | N/A | $2,150 |
| 4 Bedroom | N/A | N/A | $2,370 |
Affordability — Cornish, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $371,000 |
| Median Household Income | $69,100 |