Corinth, ME—04427
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Corinth, ME
As of Oct '25, the median home price in Corinth, ME is $257,000, with a year-over-year change of 8.9%. This indicates that home prices in Corinth, 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 | $257,000 | 8.9% |
| Single Family | $257,000 | 8.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $211,000 | 3.9% |
3 Bed | $267,000 | 8.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Corinth, ME
As of July '25, Rentcast reports the average rent in Corinth, ME is $2,200, with a year-over-year rent change of 200.1%. Per bedroom, the median rent as of July '25 in Corinth, ME is 2-bedrooms: $2,200. The most common rental property sizes in Corinth, ME are 3-bedroom and 2-bedroom, accounting for 56.4% and 24.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,200 | $2,200 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Corinth, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Corinth, ME is 73. This is a increase of 11.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | -6.0% |
Listing Count | 9 | 23.0% |
| Listings as % of Homes | 0.2% | 23.0% |
Days on Market | 73 | 11.0% |
Demographics — Corinth, ME
As of the latest ACS Survey released in 2023, Corinth, ME has a population of 2,940, which has increased by 4.0% over the past 5 years. Corinth, ME is a moderately popular place for families, as children make up 24.8% of the population. The area has a poorly educated workforce, with 20.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,940 | 4.0% |
% Under 18 | 24.8% | 13.8% |
% Seniors | 14.6% | -29.8% |
% WFH | 11.2% | 202.7% |
% w/ College Degree | 20.2% | 3.1% |
As of the latest ACS Survey released in 2023, Corinth, ME is a predominantly white area, with 92.9% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Corinth, ME is hispanic, making up 0.5% of the population. Foreign-born residents account for 1.2% of the population in Corinth, 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 | 92.9% | -1.3% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.5% | -75.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.2% | -50.0% |
Mortgage and Risk — Corinth, ME
According to HUD data as of 2023, there were 77 mortgage originations in Corinth, ME, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Corinth, ME. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 77 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Corinth, ME
Corinth, 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 | 2.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $820 |
| 2 Bedroom | -$1,120 | $2,200 | $1,080 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | N/A | N/A | $1,610 |
Affordability — Corinth, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $257,000 |
| Median Household Income | $60,600 |