Raymond, ME—04071
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Raymond, ME
As of Oct '25, the median home price in Raymond, ME is $498,000, with a year-over-year change of -2.9%. This indicates that home prices in Raymond, ME are decreasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $498,000 | -2.9% |
| Single Family | $500,000 | -3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $373,000 | -7.4% |
2 Bed | $426,000 | -5.3% |
3 Bed | $508,000 | -2.1% |
4 Bed | $656,000 | -1.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Raymond, ME
As of July '25, Rentcast reports the average rent in Raymond, ME is $1,850, with a year-over-year rent change of -6.6%. Per bedroom, the median rent as of July '25 in Raymond, ME is 1-bedrooms: $1,600, 3-bedrooms: $2,100. The most common rental property sizes in Raymond, ME are 3-bedroom and 2-bedroom, accounting for 46.5% and 46.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,600 | $1,600 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,100 | $2,100 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Raymond, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Raymond, ME is 63. This is a decrease of -13.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $628,000 | 28.0% |
Listing Count | 40 | 28.0% |
| Listings as % of Homes | 0.2% | 28.0% |
Days on Market | 63 | -13.0% |
Demographics — Raymond, ME
As of the latest ACS Survey released in 2023, Raymond, ME has a population of 4,920, which has decreased by -4.5% over the past 5 years. Raymond, ME is a moderately popular place for families, as children make up 18.8% of the population. The area has a highly educated workforce, with 49.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,920 | -4.5% |
% Under 18 | 18.8% | 21.3% |
% Seniors | 23.3% | 32.4% |
% WFH | 30.4% | 433.3% |
% w/ College Degree | 49.7% | 14.8% |
As of the latest ACS Survey released in 2023, Raymond, ME is a predominantly white area, with 92.6% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Raymond, ME is hispanic, making up 1.4% of the population. Foreign-born residents account for 2.5% of the population in Raymond, ME, and this percentage has decreased by 32.4% 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 | 92.6% | -3.5% |
% Black | 0.6% | 20.0% |
% Hispanic | 1.4% | -33.3% |
% Asian | 0.9% | -18.2% |
% Foreign Born | 2.5% | -32.4% |
Mortgage and Risk — Raymond, ME
According to HUD data as of 2023, there were 129 mortgage originations in Raymond, ME, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Raymond, ME. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 129 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 3.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Raymond, ME
Raymond, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 35 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 4.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$100 | $1,600 | $1,500 |
| 2 Bedroom | N/A | N/A | $1,930 |
| 3 Bedroom | $260 | $2,100 | $2,360 |
| 4 Bedroom | N/A | N/A | $2,650 |
Affordability — Raymond, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $498,000 |
| Median Household Income | $86,900 |