Topsham, ME—04086
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Topsham, ME
As of Oct '25, the median home price in Topsham, ME is $460,000, with a year-over-year change of 0.7%. This indicates that home prices in Topsham, 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 | $460,000 | 0.7% |
| Single Family | $448,000 | 0.4% |
| Condos | $545,000 | 1.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $417,000 | 1.5% |
3 Bed | $462,000 | 0.2% |
4 Bed | $542,000 | -0.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Topsham, ME
As of July '25, Rentcast reports the average rent in Topsham, ME is $2,900, with a year-over-year rent change of 30.0%. Per bedroom, the median rent as of July '25 in Topsham, ME is 3-bedrooms: $2,900. The most common rental property sizes in Topsham, ME are 2-bedroom and 1-bedroom, accounting for 43.9% and 24.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $2,900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,900 | $2,900 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Topsham, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Topsham, ME is 105. This is a increase of 219.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $735,000 | 36.0% |
Listing Count | 17 | 121.0% |
| Listings as % of Homes | 0.3% | 121.0% |
Days on Market | 105 | 219.0% |
Demographics — Topsham, ME
As of the latest ACS Survey released in 2023, Topsham, ME has a population of 9,640, which has increased by 10.1% over the past 5 years. Topsham, ME is a moderately popular place for families, as children make up 19.4% of the population. The area has a moderately educated workforce, with 43.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,640 | 10.1% |
% Under 18 | 19.4% | 13.5% |
% Seniors | 22.8% | -0.4% |
% WFH | 11.3% | 121.6% |
% w/ College Degree | 43.3% | -2.3% |
As of the latest ACS Survey released in 2023, Topsham, ME is a predominantly white area, with 91.0% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Topsham, ME is hispanic, making up 3.6% of the population. Foreign-born residents account for 4.1% of the population in Topsham, ME, and this percentage has decreased by 22.6% 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 | 91.0% | -0.5% |
% Black | 0.9% | 50.0% |
% Hispanic | 3.6% | 9.1% |
% Asian | 0.8% | -60.0% |
% Foreign Born | 4.1% | -22.6% |
Mortgage and Risk — Topsham, ME
According to HUD data as of 2023, there were 181 mortgage originations in Topsham, ME, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Topsham, ME. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 181 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Topsham, ME
Topsham, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 138 |
Total Units Section 8 | 111 |
% Rentals under Section 8 | 12.6% |
% Occupied Section 8 | 80.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,320 |
| 2 Bedroom | N/A | N/A | $1,620 |
| 3 Bedroom | -$630 | $2,900 | $2,270 |
| 4 Bedroom | N/A | N/A | $2,720 |
Affordability — Topsham, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $460,000 |
| Median Household Income | $82,400 |