Orrington, ME—04474
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Orrington, ME
As of Oct '25, the median home price in Orrington, ME is $325,000, with a year-over-year change of 3.8%. This indicates that home prices in Orrington, ME are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $325,000 | 3.8% |
| Single Family | $323,000 | 2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $337,000 | 1.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Orrington, ME
Orrington, ME lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,220 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,220 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Orrington, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Orrington, ME is 67. This is a increase of 76.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $438,000 | 11.0% |
Listing Count | 16 | 80.0% |
| Listings as % of Homes | 0.3% | 80.0% |
Days on Market | 67 | 76.0% |
Demographics — Orrington, ME
As of the latest ACS Survey released in 2023, Orrington, ME has a population of 3,840, which has increased by 4.7% over the past 5 years. Orrington, ME is a moderately popular place for families, as children make up 17.6% of the population. The area has a moderately educated workforce, with 40.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,840 | 4.7% |
% Under 18 | 17.6% | -12.9% |
% Seniors | 26.1% | 33.2% |
% WFH | 11.3% | 175.6% |
% w/ College Degree | 40.0% | 32.5% |
As of the latest ACS Survey released in 2023, Orrington, ME is a predominantly white area, with 98.3% of the population identifying as white. The white population has grown by 2.2% in the last 5 years. The second most common race or ethnicity in Orrington, ME is asian, making up 0.4% of the population. Foreign-born residents account for 2.5% of the population in Orrington, ME, and this percentage has increased by 66.7% 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 | 98.3% | 2.2% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.4% | -50.0% |
% Foreign Born | 2.5% | 66.7% |
Mortgage and Risk — Orrington, ME
According to HUD data as of 2023, there were 78 mortgage originations in Orrington, ME, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Orrington, ME. Investor activity is low, as 0.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 78 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Orrington, ME
Orrington, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,200 |
| 2 Bedroom | $330 | $1,200 | $1,530 |
| 3 Bedroom | N/A | N/A | $1,960 |
| 4 Bedroom | N/A | N/A | $2,030 |
Affordability — Orrington, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $325,000 |
| Median Household Income | $92,600 |