Waterboro, ME—04030
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waterboro, ME
As of Oct '25, the median home price in Waterboro, ME is $417,000, with a year-over-year change of 5.9%. This indicates that home prices in Waterboro, ME are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $417,000 | 5.9% |
| Single Family | $420,000 | 5.5% |
| 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 | $436,000 | 6.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Waterboro, ME
Waterboro, 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 — Waterboro, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Waterboro, ME is 40. This is a decrease of -12.0% 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 | $739,000 | 9.0% |
Listing Count | 5 | -30.0% |
| Listings as % of Homes | 0.3% | -30.0% |
Days on Market | 40 | -12.0% |
Demographics — Waterboro, ME
As of the latest ACS Survey released in 2023, Waterboro, ME has a population of 2,800, which has increased by 5.3% over the past 5 years. Waterboro, ME is a popular place for families, as children make up 25.3% of the population. The area has a poorly educated workforce, with 24.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,800 | 5.3% |
% Under 18 | 25.3% | 4.1% |
% Seniors | 19.3% | 144.3% |
% WFH | 11.9% | 13.3% |
% w/ College Degree | 24.8% | 35.5% |
As of the latest ACS Survey released in 2023, Waterboro, ME is a predominantly white area, with 84.9% of the population identifying as white. The white population has shrunk by 15.1% in the last 5 years. The second most common race or ethnicity in Waterboro, ME is hispanic, making up 2.9% of the population. Foreign-born residents account for 1.9% of the population in Waterboro, ME, and this percentage has increased by 26.7% 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 | 84.9% | -15.1% |
% Black | 0.8% | ∞% |
% Hispanic | 2.9% | ∞% |
% Asian | 0.2% | ∞% |
% Foreign Born | 1.9% | 26.7% |
Mortgage and Risk — Waterboro, ME
According to HUD data as of 2023, there were 117 mortgage originations in Waterboro, ME, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Waterboro, ME. Investor activity is low, as 0.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 117 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Waterboro, ME
Waterboro, 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 | 12.1% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,380 |
| 2 Bedroom | N/A | N/A | $1,760 |
| 3 Bedroom | N/A | N/A | $2,250 |
| 4 Bedroom | N/A | N/A | $2,470 |
Affordability — Waterboro, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $417,000 |
| Median Household Income | $69,700 |