View in Interactive Map

Arundel, ME—04046

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$757,000
1.9% YoY Growth
Household Income
$99,900
40.6% YoY Growth
Days on Market
116
11.0% Longer YoY
Home Price Forecast
3.1%
Median Rent
$2,450
0.4% YoY Growth
1-Bed Rent
$1,750
N/A
2-Bed Rent
$2,350
10.6% YoY Growth
3-Bed Rent
$2,760
3.3% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Arundel, ME

As of Dec '25, the median home price in Arundel, ME is $757,000, with a year-over-year change of -1.9%. This indicates that home prices in Arundel, ME are decreasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$757,000-1.9%
Single Family $813,000-1.6%
Condos $531,000-0.6%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $429,000
    -2.7%
    2 Bed
    		$526,000-0.6%
    3 Bed
    		$753,000-1.6%
    4 Bed
    		$1,224,000-1.4%
    5 Bed $2,105,847-3.3%
    Loading chart...

    % of Housing Stock

    Studio
    1.3%
    1 Bedroom
    4.1%
    2 Bedrooms
    18.4%
    3 Bedrooms
    44.9%
    4 Bedrooms
    20.3%
    5+ Bedrooms
    11.1%

    Rental Trends — Arundel, ME

    As of July '25, Rentcast reports the average rent in Arundel, ME is $2,500, with a year-over-year rent change of -0.4%. Per bedroom, the median rent as of July '25 in Arundel, ME is 1-bedrooms: $1,880, 2-bedrooms: $2,400, 3-bedrooms: $2,850. The most common rental property sizes in Arundel, ME are 2-bedroom and 3-bedroom, accounting for 33.7% and 29.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,450$2,500
    Studio Rent N/AN/A
    1 Bed Rent $1,750$1,880
    2 Bed Rent $2,350$2,400
    3 Bed Rent $2,760$2,850
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    Studio
    5.3%
    1 Bedroom
    20.7%
    2 Bedrooms
    33.7%
    3 Bedrooms
    29.8%
    4 Bedrooms
    10.6%

    Property Listings — Arundel, ME

    As of Dec '25, Realtor.com reports that the median days on market for a home in Arundel, ME is 103. This is a decrease of 0.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$799,000-17.0%
    Listing Count
    		42-10.0%
    Listings as % of Homes0.3%-10.0%
    Days on Market
    		11611.0%
    Loading chart...

    Demographics — Arundel, ME

    As of the latest ACS Survey released in 2023, Arundel, ME has a population of 8,040, which has increased by 2.8% over the past 5 years. Arundel, ME is a less popular place for families, as children make up 13.6% of the population. The area has a moderately educated workforce, with 41.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		8,0402.8%
    % Under 18
    		13.6%-31.3%
    % Seniors
    		24.5%11.4%
    % WFH
    		15.5%82.4%
    % w/ College Degree
    		41.5%-7.0%
    Loading chart...

    As of the latest ACS Survey released in 2023, Arundel, ME is a predominantly white area, with 96.1% of the population identifying as white. The white population has grown by 0.9% in the last 5 years. The second most common race or ethnicity in Arundel, ME is asian, making up 0.2% of the population. Foreign-born residents account for 3.5% of the population in Arundel, ME, and this percentage has decreased by 31.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		96.1%0.9%
    % Black
    		0.1%-95.0%
    % Hispanic
    		0.2%-33.3%
    % Asian
    		0.2%-86.7%
    % Foreign Born
    		3.5%-31.4%
    Loading chart...

    Mortgage and Risk — Arundel, ME

    According to HUD data as of 2023, there were 269 mortgage originations in Arundel, ME, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 44.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Arundel, ME. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		269
    % Conventional Loans
    		97.0%
    % Government Loans
    		3.0%
    % Investor Loans
    		4.0%
    % Second Loans
    		18.0%
    % Cash Out Refinance
    		14.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Arundel, ME

    Arundel, ME lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		4
    Total Units Section 8
    		4
    % Rentals under Section 8
    		0.5%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$390$1,750$1,360
    2 Bedroom-$680$2,350$1,670
    3 Bedroom-$550$2,760$2,210
    4 BedroomN/AN/A$2,430

    Affordability — Arundel, ME

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio6.9
    Median Home Price$757,000
    Median Household Income$99,900

    Arundel, ME — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Biddeford, ME

    04005

    Kennebunk, ME

    04043

    Saco, ME

    04072

    Ocean Park

    04063

    Old Orchard Beach, ME

    04064

    Frequently Asked Questions