Winthrop, ME—04364
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Winthrop, ME
As of Oct '25, the median home price in Winthrop, ME is $339,000, with a year-over-year change of -1.7%. This indicates that home prices in Winthrop, ME are decreasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $339,000 | -1.7% |
| Single Family | $337,000 | -1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $249,000 | -2.7% |
2 Bed | $296,000 | -2.3% |
3 Bed | $348,000 | -1.4% |
4 Bed | $415,000 | -0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Winthrop, ME
As of July '25, Rentcast reports the average rent in Winthrop, ME is $2,200, with a year-over-year rent change of -37.7%. Per bedroom, the median rent as of July '25 in Winthrop, ME is studios: $1,100, 1-bedrooms: $2,420, 2-bedrooms: $2,590, 3-bedrooms: $1,650. The most common rental property sizes in Winthrop, ME are 2-bedroom and 1-bedroom, accounting for 55.5% and 24.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $2,200 |
| Studio Rent | $1,100 | $1,100 |
| 1 Bed Rent | $1,200 | $2,420 |
| 2 Bed Rent | $1,450 | $2,590 |
| 3 Bed Rent | $1,400 | $1,650 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Winthrop, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Winthrop, ME is 51. This is a increase of 21.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $475,000 | -1.0% |
Listing Count | 15 | -45.0% |
| Listings as % of Homes | 0.4% | -45.0% |
Days on Market | 51 | 21.0% |
Demographics — Winthrop, ME
As of the latest ACS Survey released in 2023, Winthrop, ME has a population of 6,150, which has increased by 4.0% over the past 5 years. Winthrop, ME is a moderately popular place for families, as children make up 23.5% of the population. The area has a moderately educated workforce, with 37.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,150 | 4.0% |
% Under 18 | 23.5% | 18.7% |
% Seniors | 22.9% | 4.1% |
% WFH | 16.9% | 85.7% |
% w/ College Degree | 37.3% | 9.4% |
As of the latest ACS Survey released in 2023, Winthrop, ME is a predominantly white area, with 90.1% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Winthrop, ME is black, making up 5.0% of the population. Foreign-born residents account for 3.5% of the population in Winthrop, ME, and this percentage has increased by 34.6% 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 | 90.1% | -4.4% |
% Black | 5.0% | 455.6% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.2% | 0.0% |
% Foreign Born | 3.5% | 34.6% |
Mortgage and Risk — Winthrop, ME
According to HUD data as of 2023, there were 135 mortgage originations in Winthrop, ME, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Winthrop, ME. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 135 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 1.0% |
% Second Loans | 10.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Winthrop, ME
Winthrop, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 14 |
Total Units Section 8 | 14 |
% 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 | -$220 | $1,200 | $980 |
| 2 Bedroom | -$190 | $1,450 | $1,260 |
| 3 Bedroom | $180 | $1,400 | $1,580 |
| 4 Bedroom | N/A | N/A | $1,890 |
Affordability — Winthrop, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $339,000 |
| Median Household Income | $82,900 |