Greene, ME04236

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$335,000
0.6% YoY Growth
Median Household Income
$91,700
31.9% 5-Year Growth
Days on Market
67
39.0% Shorter than last year
Home Price Forecast
2.7%
Median 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

Property Listings — Greene, ME

As of Oct '25, Realtor.com reports that the median days on market for a home in Greene, ME is 67. This is a decrease of -39.0% 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 55.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$506,00046.0%
Listing Count
113.0%
Listings as % of Homes0.4%3.0%
Days on Market
67-39.0%
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Demographics — Greene, ME

As of the latest ACS Survey released in 2023, Greene, ME has a population of 4,390, which has remained stable by 0.6% over the past 5 years. Greene, ME is a moderately popular place for families, as children make up 22.4% of the population. The area has a poorly educated workforce, with 19.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
4,3900.6%
% Under 18
22.4%-12.5%
% Seniors
15.2%21.6%
% WFH
10.1%140.5%
% w/ College Degree
19.7%-30.9%
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As of the latest ACS Survey released in 2023, Greene, ME is a predominantly white area, with 92.6% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Greene, ME is black, making up 0.3% of the population. Foreign-born residents account for 2.0% of the population in Greene, ME, and this percentage has increased by 17.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
92.6%-2.0%
% Black
0.3%∞%
% Hispanic
0.2%-93.3%
% Asian
0.0%-100.0%
% Foreign Born
2.0%17.6%
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Mortgage and Risk — Greene, ME

According to HUD data as of 2023, there were 87 mortgage originations in Greene, ME, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Greene, ME. Investor activity is low, as 2.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
87
% Conventional Loans
69.0%
% Government Loans
31.0%
% Investor Loans
2.0%
% Second Loans
1.0%
% Cash Out Refinance
18.0%

Loan Activity

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Rentals and Section 8 — Greene, ME

Greene, ME lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
12
Total Units Section 8
12
% Rentals under Section 8
3.9%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,030
2 BedroomN/AN/A$1,310
3 BedroomN/AN/A$1,720
4 BedroomN/AN/A$1,910

Affordability — Greene, ME

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.2
Median Home Price$335,000
Median Household Income$91,700

Greene, ME — ZIP Code Boundary Map

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Frequently Asked Questions