Brewer, ME—04412
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Brewer, ME
As of Oct '25, the median home price in Brewer, ME is $292,000, with a year-over-year change of 1.4%. This indicates that home prices in Brewer, ME are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $292,000 | 1.4% |
| Single Family | $292,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $233,000 | 0.4% |
3 Bed | $292,000 | 0.7% |
4 Bed | $333,000 | 2.1% |
| 5 Bed | $369,000 | 1.4% |
% of Housing Stock
Rental Trends — Brewer, ME
As of July '25, Rentcast reports the average rent in Brewer, ME is $1,390, with a year-over-year rent change of -14.2%. Per bedroom, the median rent as of July '25 in Brewer, ME is studios: $912, 1-bedrooms: $1,210, 2-bedrooms: $1,440, 3-bedrooms: $1,860, 4-bedrooms: $2,500. The most common rental property sizes in Brewer, ME are 1-bedroom and 2-bedroom, accounting for 46.7% and 37.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,390 |
| Studio Rent | $900 | $912 |
| 1 Bed Rent | $1,200 | $1,210 |
| 2 Bed Rent | $1,380 | $1,440 |
| 3 Bed Rent | $1,700 | $1,860 |
| 4 Bed Rent | $2,500 | $2,500 |
% of Rental Stock
Property Listings — Brewer, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Brewer, ME is 39. This is a increase of 15.0% 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 47.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $329,000 | 9.0% |
Listing Count | 30 | 52.0% |
| Listings as % of Homes | 0.2% | 52.0% |
Days on Market | 39 | 15.0% |
Demographics — Brewer, ME
As of the latest ACS Survey released in 2023, Brewer, ME has a population of 9,650, which has increased by 5.8% over the past 5 years. Brewer, ME is a moderately popular place for families, as children make up 19.1% of the population. The area has a moderately educated workforce, with 30.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,650 | 5.8% |
% Under 18 | 19.1% | -6.4% |
% Seniors | 20.5% | 13.9% |
% WFH | 6.3% | 53.7% |
% w/ College Degree | 30.5% | -5.0% |
As of the latest ACS Survey released in 2023, Brewer, ME is a predominantly white area, with 91.9% of the population identifying as white. The white population has shrunk by 5.5% in the last 5 years. The second most common race or ethnicity in Brewer, ME is hispanic, making up 1.9% of the population. Foreign-born residents account for 1.6% of the population in Brewer, ME, and this percentage has decreased by 55.6% 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 | 91.9% | -5.5% |
% Black | 1.3% | 160.0% |
% Hispanic | 1.9% | 280.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.6% | -55.6% |
Mortgage and Risk — Brewer, ME
According to HUD data as of 2023, there were 157 mortgage originations in Brewer, ME, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Brewer, ME. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 157 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Brewer, ME
As of 2024, the percent of homes in Brewer, ME under the Section 8 program is 8.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Brewer, ME, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 313 |
Total Units Section 8 | 159 |
% Rentals under Section 8 | 8.3% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$110 | $1,200 | $1,090 |
| 2 Bedroom | $10 | $1,380 | $1,390 |
| 3 Bedroom | $80 | $1,700 | $1,780 |
| 4 Bedroom | -$650 | $2,500 | $1,850 |
Affordability — Brewer, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $292,000 |
| Median Household Income | $51,500 |