Gardiner, ME—04345
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gardiner, ME
As of Oct '25, the median home price in Gardiner, ME is $311,000, with a year-over-year change of 3.1%. This indicates that home prices in Gardiner, ME are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $311,000 | 3.1% |
| Single Family | $311,000 | 2.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $264,000 | 1.5% |
3 Bed | $317,000 | 2.9% |
4 Bed | $365,000 | 2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gardiner, ME
As of July '25, Rentcast reports the average rent in Gardiner, ME is $1,600, with a year-over-year rent change of 9.6%. Per bedroom, the median rent as of July '25 in Gardiner, ME is 1-bedrooms: $1,220, 2-bedrooms: $1,860, 4-bedrooms: $2,600. The most common rental property sizes in Gardiner, ME are 2-bedroom and 1-bedroom, accounting for 49.0% and 30.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $990 | $1,220 |
| 2 Bed Rent | $1,780 | $1,860 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,600 | $2,600 |
% of Rental Stock
Property Listings — Gardiner, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Gardiner, ME is 45. This is a decrease of -30.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $379,000 | -3.0% |
Listing Count | 52 | 65.0% |
| Listings as % of Homes | 0.3% | 65.0% |
Days on Market | 45 | -30.0% |
Demographics — Gardiner, ME
As of the latest ACS Survey released in 2023, Gardiner, ME has a population of 12,400, which has increased by 8.1% over the past 5 years. Gardiner, ME is a moderately popular place for families, as children make up 16.4% of the population. The area has a moderately educated workforce, with 29.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,400 | 8.1% |
% Under 18 | 16.4% | -26.1% |
% Seniors | 18.9% | 13.2% |
% WFH | 9.2% | 142.1% |
% w/ College Degree | 29.1% | 13.2% |
As of the latest ACS Survey released in 2023, Gardiner, ME is a predominantly white area, with 91.4% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Gardiner, ME is hispanic, making up 4.3% of the population. Foreign-born residents account for 2.4% of the population in Gardiner, ME, and this percentage has increased by 50.0% 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 | 91.4% | -3.7% |
% Black | 0.7% | -22.2% |
% Hispanic | 4.3% | 59.3% |
% Asian | 0.7% | 75.0% |
% Foreign Born | 2.4% | 50.0% |
Mortgage and Risk — Gardiner, ME
According to HUD data as of 2023, there were 311 mortgage originations in Gardiner, ME, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Gardiner, ME. Investor activity is low, as 1.0% 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 | 311 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Gardiner, ME
Gardiner, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 93 |
Total Units Section 8 | 93 |
% Rentals under Section 8 | 9.3% |
% Occupied Section 8 | 74.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $990 | $930 |
| 2 Bedroom | -$610 | $1,780 | $1,170 |
| 3 Bedroom | N/A | N/A | $1,590 |
| 4 Bedroom | -$680 | $2,600 | $1,920 |
Affordability — Gardiner, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $311,000 |
| Median Household Income | $68,800 |