Minot, ME—04258
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Minot, ME
As of Oct '25, the median home price in Minot, ME is $375,000, with a year-over-year change of 0.6%. This indicates that home prices in Minot, ME are flat. 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 | $375,000 | 0.6% |
| Single Family | $375,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $415,000 | 1.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Minot, ME
Minot, ME lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Minot, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Minot, ME is 53. This is a decrease of -16.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $694,000 | 28.0% |
Listing Count | 4 | -46.0% |
| Listings as % of Homes | 0.2% | -46.0% |
Days on Market | 53 | -16.0% |
Demographics — Minot, ME
As of the latest ACS Survey released in 2023, Minot, ME has a population of 2,770, which has increased by 7.5% over the past 5 years. Minot, ME is a moderately popular place for families, as children make up 16.8% of the population. The area has a poorly educated workforce, with 24.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,770 | 7.5% |
% Under 18 | 16.8% | -41.5% |
% Seniors | 23.3% | 62.9% |
% WFH | 16.1% | 98.8% |
% w/ College Degree | 24.3% | 4.7% |
As of the latest ACS Survey released in 2023, Minot, ME is a predominantly white area, with 91.9% of the population identifying as white. The white population has shrunk by 5.0% in the last 5 years. The second most common race or ethnicity in Minot, ME is hispanic, making up 3.4% of the population. Foreign-born residents account for 2.2% of the population in Minot, ME, and this percentage has increased by 120.0% 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 | 91.9% | -5.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 3.4% | 1,600.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.2% | 120.0% |
Mortgage and Risk — Minot, ME
Minot, ME lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Minot, ME
Minot, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,070 |
| 2 Bedroom | N/A | N/A | $1,370 |
| 3 Bedroom | N/A | N/A | $1,800 |
| 4 Bedroom | N/A | N/A | $2,060 |
Affordability — Minot, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $375,000 |
| Median Household Income | $91,900 |