Hampden, ME—04444
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hampden, ME
As of Oct '25, the median home price in Hampden, ME is $340,000, with a year-over-year change of 2.5%. This indicates that home prices in Hampden, ME are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $340,000 | 2.5% |
| Single Family | $341,000 | 2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $255,000 | 1.6% |
3 Bed | $333,000 | 1.8% |
4 Bed | $439,000 | 2.8% |
| 5 Bed | $512,000 | 2.4% |
% of Housing Stock
Rental Trends — Hampden, ME
As of July '25, Rentcast reports the average rent in Hampden, ME is $1,550, with a year-over-year rent change of 31.4%. Per bedroom, the median rent as of July '25 in Hampden, ME is studios: $825, 1-bedrooms: $1,400, 2-bedrooms: $1,770, 3-bedrooms: $1,680. The most common rental property sizes in Hampden, ME are 2-bedroom and 1-bedroom, accounting for 44.8% and 25.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,680 | $1,550 |
| Studio Rent | $825 | $825 |
| 1 Bed Rent | $1,200 | $1,400 |
| 2 Bed Rent | $1,950 | $1,770 |
| 3 Bed Rent | $1,680 | $1,680 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hampden, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Hampden, ME is 69. This is a increase of 97.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $430,000 | 1.0% |
Listing Count | 55 | 33.0% |
| Listings as % of Homes | 0.5% | 33.0% |
Days on Market | 69 | 97.0% |
Demographics — Hampden, ME
As of the latest ACS Survey released in 2023, Hampden, ME has a population of 9,320, which has increased by 4.2% over the past 5 years. Hampden, ME is a popular place for families, as children make up 26.1% of the population. The area has a highly educated workforce, with 45.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,320 | 4.2% |
% Under 18 | 26.1% | 26.1% |
% Seniors | 17.0% | 6.2% |
% WFH | 18.7% | 345.2% |
% w/ College Degree | 45.9% | 9.0% |
As of the latest ACS Survey released in 2023, Hampden, ME is a predominantly white area, with 89.3% of the population identifying as white. The white population has shrunk by 8.2% in the last 5 years. The second most common race or ethnicity in Hampden, ME is hispanic, making up 1.8% of the population. Foreign-born residents account for 2.0% of the population in Hampden, ME, and this percentage has decreased by 28.6% 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 | 89.3% | -8.2% |
% Black | 0.3% | -62.5% |
% Hispanic | 1.8% | 500.0% |
% Asian | 0.5% | -50.0% |
% Foreign Born | 2.0% | -28.6% |
Mortgage and Risk — Hampden, ME
According to HUD data as of 2023, there were 204 mortgage originations in Hampden, ME, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Hampden, ME. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 204 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Hampden, ME
Hampden, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 63 |
Total Units Section 8 | 63 |
% Rentals under Section 8 | 13.3% |
% Occupied Section 8 | 95.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$100 | $1,200 | $1,100 |
| 2 Bedroom | -$540 | $1,950 | $1,410 |
| 3 Bedroom | $120 | $1,680 | $1,800 |
| 4 Bedroom | N/A | N/A | $1,910 |
Affordability — Hampden, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $340,000 |
| Median Household Income | $103,000 |