China Village, ME04358

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$328,000
1.2% YoY Growth
Median Household Income
$93,800
52.5% 5-Year Growth
Days on Market
44
7.0% Shorter than last year
Home Price Forecast
3.6%
Median Rent
$995
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,700
N/A
3-Bed Rent
N/A
N/A

Property Listings — China Village, ME

As of Oct '25, Realtor.com reports that the median days on market for a home in China Village, ME is 44. This is a decrease of -7.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$470,0008.0%
Listing Count
315.0%
Listings as % of Homes0.4%5.0%
Days on Market
44-7.0%
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Demographics — China Village, ME

As of the latest ACS Survey released in 2023, China Village, ME has a population of 4,480, which has increased by 7.5% over the past 5 years. China Village, ME is a moderately popular place for families, as children make up 22.1% of the population. The area has a moderately educated workforce, with 34.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
4,4807.5%
% Under 18
22.1%-3.9%
% Seniors
14.7%-12.0%
% WFH
9.4%36.2%
% w/ College Degree
34.8%25.2%
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As of the latest ACS Survey released in 2023, China Village, ME is a predominantly white area, with 94.5% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in China Village, ME is hispanic, making up 2.3% of the population. Foreign-born residents account for 1.1% of the population in China Village, ME, and this percentage has increased by 450.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
94.5%-3.0%
% Black
0.0%-100.0%
% Hispanic
2.3%187.5%
% Asian
0.7%∞%
% Foreign Born
1.1%450.0%
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Mortgage and Risk — China Village, ME

According to HUD data as of 2023, there were 102 mortgage originations in China Village, ME, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in China Village, ME. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
102
% Conventional Loans
82.0%
% Government Loans
18.0%
% Investor Loans
0.0%
% Second Loans
8.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — China Village, ME

China Village, ME lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
4
Total Units Section 8
4
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$950
2 Bedroom-$470$1,700$1,230
3 BedroomN/AN/A$1,540
4 BedroomN/AN/A$1,840

Affordability — China Village, ME

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3
Median Home Price$328,000
Median Household Income$93,800

China Village, ME — ZIP Code Boundary Map

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Frequently Asked Questions