Limington, ME—04049
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Limington, ME
As of Oct '25, the median home price in Limington, ME is $400,000, with a year-over-year change of -0.9%. This indicates that home prices in Limington, 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 | $400,000 | -1.0% |
| Single Family | $400,000 | -1.0% |
| 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 | $415,000 | 0.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Limington, ME
Limington, 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 — Limington, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Limington, ME is 143. This is a increase of 157.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $627,000 | 14.0% |
Listing Count | 10 | 17.0% |
| Listings as % of Homes | 0.1% | 17.0% |
Days on Market | 143 | 157.0% |
Demographics — Limington, ME
As of the latest ACS Survey released in 2023, Limington, ME has a population of 3,970, which has increased by 6.5% over the past 5 years. Limington, ME is a less popular place for families, as children make up 14.3% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,970 | 6.5% |
% Under 18 | 14.3% | -40.2% |
% Seniors | 25.3% | 63.2% |
% WFH | 11.6% | 132.0% |
% w/ College Degree | 23.1% | 41.7% |
As of the latest ACS Survey released in 2023, Limington, ME is a predominantly white area, with 81.8% of the population identifying as white. The white population has shrunk by 15.2% in the last 5 years. The second most common race or ethnicity in Limington, ME is black, making up 0.4% of the population. Foreign-born residents account for 2.9% of the population in Limington, ME, and this percentage has increased by 107.1% 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 | 81.8% | -15.2% |
% Black | 0.4% | ∞% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 2.9% | 107.1% |
Mortgage and Risk — Limington, ME
According to HUD data as of 2023, there were 102 mortgage originations in Limington, ME, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Limington, ME. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 102 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Limington, ME
Limington, 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 | 3.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,370 |
| 2 Bedroom | N/A | N/A | $1,760 |
| 3 Bedroom | N/A | N/A | $2,180 |
| 4 Bedroom | N/A | N/A | $2,470 |
Affordability — Limington, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $400,000 |
| Median Household Income | $78,600 |