Naples, ME—04055
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Naples, ME
As of Oct '25, the median home price in Naples, ME is $420,000, with a year-over-year change of -1.0%. This indicates that home prices in Naples, ME are flat. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $420,000 | -1.0% |
| Single Family | $418,000 | -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 | $367,000 | -1.6% |
3 Bed | $425,000 | 0.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Naples, ME
As of July '25, Rentcast reports the average rent in Naples, ME is $2,120, with a year-over-year rent change of 17.8%. Per bedroom, the median rent as of July '25 in Naples, ME is 2-bedrooms: $1,250, 3-bedrooms: $3,000. The most common rental property sizes in Naples, ME are 2-bedroom and 1-bedroom, accounting for 78.4% and 9.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $2,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,250 | $1,250 |
| 3 Bed Rent | $3,000 | $3,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Naples, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Naples, ME is 82. This is a increase of 35.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $485,000 | -5.0% |
Listing Count | 42 | 11.0% |
| Listings as % of Homes | 0.5% | 11.0% |
Days on Market | 82 | 35.0% |
Demographics — Naples, ME
As of the latest ACS Survey released in 2023, Naples, ME has a population of 3,950, which has remained stable by 0.7% over the past 5 years. Naples, ME is a less popular place for families, as children make up 14.8% of the population. The area has a moderately educated workforce, with 33.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,950 | 0.7% |
% Under 18 | 14.8% | -34.5% |
% Seniors | 24.4% | 21.4% |
% WFH | 21.4% | 193.2% |
% w/ College Degree | 33.9% | 14.9% |
As of the latest ACS Survey released in 2023, Naples, ME is a predominantly white area, with 90.5% of the population identifying as white. The white population has shrunk by 8.1% in the last 5 years. The second most common race or ethnicity in Naples, ME is hispanic, making up 2.7% of the population. Foreign-born residents account for 1.7% of the population in Naples, ME, and this percentage has increased by 70.0% 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 | 90.5% | -8.1% |
% Black | 0.1% | ∞% |
% Hispanic | 2.7% | 575.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.7% | 70.0% |
Mortgage and Risk — Naples, ME
According to HUD data as of 2023, there were 149 mortgage originations in Naples, ME, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Naples, ME. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 149 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 13.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Naples, ME
Naples, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 32 |
Total Units Section 8 | 31 |
% Rentals under Section 8 | 13.6% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,680 |
| 2 Bedroom | $950 | $1,250 | $2,200 |
| 3 Bedroom | -$240 | $3,000 | $2,760 |
| 4 Bedroom | N/A | N/A | $3,360 |
Affordability — Naples, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $420,000 |
| Median Household Income | $68,300 |