Randolph, ME—04346
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Randolph, ME
As of Oct '25, the median home price in Randolph, ME is $270,000, with a year-over-year change of 1.2%. This indicates that home prices in Randolph, ME are increasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $270,000 | 1.2% |
| Single Family | $270,000 | 1.5% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Randolph, ME
Randolph, ME lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $2,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,650 | $2,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Randolph, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Randolph, ME is 103. This is a increase of 238.0% 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 67.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $331,000 | 11.0% |
Listing Count | 3 | 10.0% |
| Listings as % of Homes | 0.5% | 10.0% |
Days on Market | 103 | 238.0% |
Demographics — Randolph, ME
As of the latest ACS Survey released in 2023, Randolph, ME has a population of 1,480, which has decreased by -25.9% over the past 5 years. Randolph, ME is a moderately popular place for families, as children make up 17.4% of the population. The area has a poorly educated workforce, with 16.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,480 | -25.9% |
% Under 18 | 17.4% | -13.0% |
% Seniors | 26.8% | 53.1% |
% WFH | 0.2% | ∞% |
% w/ College Degree | 16.8% | -6.7% |
As of the latest ACS Survey released in 2023, Randolph, ME is a predominantly white area, with 90.5% of the population identifying as white. The white population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in Randolph, ME is hispanic, making up 6.1% of the population. Foreign-born residents account for 1.9% of the population in Randolph, ME, and this percentage has decreased by 50.0% 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 | 90.5% | -5.6% |
% Black | 0.3% | 50.0% |
% Hispanic | 6.1% | 1,120.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.9% | -50.0% |
Mortgage and Risk — Randolph, ME
Randolph, 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 — Randolph, ME
Randolph, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 15 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $990 |
| 2 Bedroom | N/A | N/A | $1,270 |
| 3 Bedroom | -$60 | $1,650 | $1,590 |
| 4 Bedroom | N/A | N/A | $1,900 |
Affordability — Randolph, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $270,000 |
| Median Household Income | $52,900 |