Shapleigh, ME—04076
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Shapleigh, ME
As of Oct '25, the median home price in Shapleigh, ME is $397,000, with a year-over-year change of -4.2%. This indicates that home prices in Shapleigh, ME are decreasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $397,000 | -4.3% |
| Single Family | $400,000 | -5.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $396,000 | -3.4% |
3 Bed | $437,000 | -2.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Shapleigh, ME
Shapleigh, ME lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,400 | $2,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Shapleigh, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Shapleigh, ME is 86. This is a increase of 22.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $490,000 | 8.0% |
Listing Count | 19 | 3.0% |
| Listings as % of Homes | 0.3% | 3.0% |
Days on Market | 86 | 22.0% |
Demographics — Shapleigh, ME
As of the latest ACS Survey released in 2023, Shapleigh, ME has a population of 2,950, which has increased by 9.0% over the past 5 years. Shapleigh, ME is a moderately popular place for families, as children make up 22.2% 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 12.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,950 | 9.0% |
% Under 18 | 22.2% | -5.1% |
% Seniors | 19.4% | 14.8% |
% WFH | 12.2% | 281.2% |
% w/ College Degree | 24.8% | 59.0% |
As of the latest ACS Survey released in 2023, Shapleigh, ME is a predominantly white area, with 96.4% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Shapleigh, ME is black, making up 0.2% of the population. Foreign-born residents account for 0.6% of the population in Shapleigh, ME, and this percentage has decreased by 57.1% 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 | 96.4% | -2.5% |
% Black | 0.2% | ∞% |
% Hispanic | 0.2% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.6% | -57.1% |
Mortgage and Risk — Shapleigh, ME
According to HUD data as of 2023, there were 122 mortgage originations in Shapleigh, ME, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Shapleigh, ME. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 122 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 3.0% |
% Second Loans | 16.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Shapleigh, ME
Shapleigh, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 12.2% |
% 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 | $1,690 |
| 3 Bedroom | -$170 | $2,400 | $2,230 |
| 4 Bedroom | N/A | N/A | $2,460 |
Affordability — Shapleigh, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $397,000 |
| Median Household Income | $87,600 |