Old Town, ME 04468 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Old Town, ME—04468

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$245,000

4.7% YoY Growth

Household Income

$51,100

20.2% YoY Growth

Days on Market

104

44.0% Longer YoY

Home Price Forecast

4.2%

Median Rent

$1,390

7.2% YoY Growth

1-Bed Rent

$1,070

0.0% YoY Growth

2-Bed Rent

$1,400

7.6% YoY Growth

3-Bed Rent

$1,800

9.1% YoY Growth

Home Price Trends — Old Town, ME

As of Dec '25, the median home price in Old Town, ME is $245,000, with a year-over-year change of 4.7%. This indicates that home prices in Old Town, ME are increasing. According to Zillow, the 1-year price projection is 4.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$245,000	4.7%
Single Family	$246,000	4.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Old Town, ME

As of July '25, Rentcast reports the average rent in Old Town, ME is $1,410, with a year-over-year rent change of -7.2%. Per bedroom, the median rent as of July '25 in Old Town, ME is studios: $1,040, 1-bedrooms: $1,060, 2-bedrooms: $1,420, 3-bedrooms: $1,600, 4-bedrooms: $2,450. The most common rental property sizes in Old Town, ME are 1-bedroom and 3-bedroom, accounting for 32.0% and 29.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,390	$1,410
Studio Rent	$1,000	$1,040
1 Bed Rent	$1,070	$1,060
2 Bed Rent	$1,400	$1,420
3 Bed Rent	$1,800	$1,600
4 Bed Rent	$2,200	$2,450

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% of Rental Stock

Studio

6.8%

1 Bedroom

32.0%

2 Bedrooms

24.3%

3 Bedrooms

29.9%

4 Bedrooms

5.1%

5+ Bedrooms

1.8%

Property Listings — Old Town, ME

As of Dec '25, Realtor.com reports that the median days on market for a home in Old Town, ME is 91. This is a increase of 69.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$348,000	13.0%
Listing Count	21	-10.0%
Listings as % of Homes	0.2%	-10.0%
Days on Market	104	44.0%

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Demographics — Old Town, ME

As of the latest ACS Survey released in 2023, Old Town, ME has a population of 9,160, which has remained stable by 0.1% over the past 5 years. Old Town, ME is a moderately popular place for families, as children make up 15.3% of the population. The area has a moderately educated workforce, with 33.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	9,160	0.1%
% Under 18	15.3%	-16.8%
% Seniors	17.1%	-0.6%
% WFH	20.0%	669.2%
% w/ College Degree	33.2%	20.3%

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As of the latest ACS Survey released in 2023, Old Town, ME is a predominantly white area, with 88.5% of the population identifying as white. The white population has grown by 2.9% in the last 5 years. The second most common race or ethnicity in Old Town, ME is hispanic, making up 1.8% of the population. Foreign-born residents account for 1.6% of the population in Old Town, ME, and this percentage has decreased by 44.8% 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	88.5%	2.9%
% Black	0.7%	-12.5%
% Hispanic	1.8%	260.0%
% Asian	0.4%	-66.7%
% Foreign Born	1.6%	-44.8%

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Mortgage and Risk — Old Town, ME

According to HUD data as of 2023, there were 148 mortgage originations in Old Town, ME, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Old Town, ME. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	148
% Conventional Loans	71.0%
% Government Loans	29.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Old Town, ME

As of 2024, the percent of homes in Old Town, ME under the Section 8 program is 18.3%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Old Town, ME, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	349
Total Units Section 8	263
% Rentals under Section 8	18.3%
% Occupied Section 8	89.8%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$30	$1,070	$1,100
2 Bedroom	$10	$1,400	$1,410
3 Bedroom	$10	$1,800	$1,810
4 Bedroom	-$290	$2,200	$1,910

Old Town, ME—04468

Key Metrics at a Glance

Home Price Trends — Old Town, ME

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Old Town, ME

% of Rental Stock

Property Listings — Old Town, ME

Demographics — Old Town, ME

Race and Ethnicity

Mortgage and Risk — Old Town, ME

Mortgages

Rentals and Section 8 — Old Town, ME

Section 8 Market Size

Section 8 Opportunity

Affordability — Old Town, ME

Home Price to Income Ratio

Old Town, ME — ZIP Code Boundary Map

Nearby ZIP Codes

Stillwater

Webster

Orono, ME

Milford, ME

Hudson, ME

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4
Median Home Price	$245,000
Median Household Income	$51,100

Old Town, ME—04468

Key Metrics at a Glance

Home Price Trends — Old Town, ME

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Old Town, ME

% of Rental Stock

Property Listings — Old Town, ME

Demographics — Old Town, ME

Race and Ethnicity

Mortgage and Risk — Old Town, ME

Mortgages

Rentals and Section 8 — Old Town, ME

Section 8 Market Size

Section 8 Opportunity

Affordability — Old Town, ME

Home Price to Income Ratio

Old Town, ME — ZIP Code Boundary Map

Nearby ZIP Codes

Stillwater

Webster

Orono, ME

Milford, ME

Hudson, ME

Frequently Asked Questions

What is the average home price in Old Town, ME 04468?

How have home prices in Old Town, ME 04468 changed over the past year?

What is the home price projection for Old Town, ME 04468?

What are the demographics of Old Town, ME 04468?

How long does it take homes to sell in Old Town, ME 04468?

What is the average rent price in Old Town, ME 04468?