Sebago, ME—04029
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sebago, ME
As of Oct '25, the median home price in Sebago, ME is $391,000, with a year-over-year change of -4.4%. This indicates that home prices in Sebago, ME are decreasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $391,000 | -4.4% |
| Single Family | $391,000 | -4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $411,000 | -1.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sebago, ME
Sebago, ME lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Sebago, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Sebago, ME is 58. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $486,000 | -41.0% |
Listing Count | 16 | 43.0% |
| Listings as % of Homes | 0.7% | 43.0% |
Days on Market | 58 | 1.0% |
Demographics — Sebago, ME
As of the latest ACS Survey released in 2023, Sebago, ME has a population of 2,120, which has increased by 32.9% over the past 5 years. Sebago, ME is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 24.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,120 | 32.9% |
% Under 18 | 21.4% | 35.4% |
% Seniors | 17.4% | -30.4% |
% WFH | 16.8% | 147.1% |
% w/ College Degree | 24.0% | -21.6% |
As of the latest ACS Survey released in 2023, Sebago, ME is a predominantly white area, with 92.8% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Sebago, ME is hispanic, making up 2.0% of the population. Foreign-born residents account for 1.0% of the population in Sebago, ME, and this percentage has decreased by 52.4% 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 | 92.8% | -4.4% |
% Black | 0.8% | ∞% |
% Hispanic | 2.0% | 100.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.0% | -52.4% |
Mortgage and Risk — Sebago, ME
According to HUD data as of 2023, there were 100 mortgage originations in Sebago, ME, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Sebago, ME. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 100 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 0.0% |
% Second Loans | 16.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Sebago, ME
Sebago, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 5.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,250 |
| 2 Bedroom | N/A | N/A | $1,640 |
| 3 Bedroom | N/A | N/A | $2,060 |
| 4 Bedroom | N/A | N/A | $2,510 |
Affordability — Sebago, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $391,000 |
| Median Household Income | $71,800 |