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Carroll Plantation, ME—04487

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$191,000
0.1% YoY Growth
Household Income
$41,100
22.7% YoY Growth
Days on Market
42
42.0% Shorter YoY
Home Price Forecast
1.0%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Carroll Plantation, ME

As of May '26, the median home price in Carroll Plantation, ME is $191,000, with a year-over-year change of -0.1%. This indicates that home prices in Carroll Plantation, ME are flat. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$191,000-0.1%
Single Family $192,0001.1%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    N/AN/A
    3 Bed
    N/AN/A
    4 Bed
    N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    4.2%
    1 Bedroom
    12.5%
    2 Bedrooms
    37.5%
    3 Bedrooms
    37.0%
    4 Bedrooms
    7.4%
    5+ Bedrooms
    1.5%

    Rental Trends — Carroll Plantation, ME

    Carroll Plantation, ME lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    23.5%
    1 Bedroom
    23.5%
    2 Bedrooms
    41.2%
    3 Bedrooms
    11.8%

    Property Listings — Carroll Plantation, ME

    As of May '26, Realtor.com reports that the median days on market for a home in Carroll Plantation, ME is 42. This is a decrease of -42.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $197,000-35.0%
    Listing Count
    8-9.0%
    Listings as % of Homes1.4%-9.0%
    Days on Market
    42-42.0%
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    Demographics — Carroll Plantation, ME

    As of the latest ACS Survey released in 2023, Carroll Plantation, ME has a population of 742, which has decreased by -19.7% over the past 5 years. Carroll Plantation, ME is a less popular place for families, as children make up 8.9% of the population. The area has a poorly educated workforce, with 11.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    742-19.7%
    % Under 18
    8.9%-48.0%
    % Seniors
    24.9%17.5%
    % WFH
    12.1%278.1%
    % w/ College Degree
    11.0%7.8%
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    As of the latest ACS Survey released in 2023, Carroll Plantation, ME is a predominantly white area, with 93.1% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Carroll Plantation, ME is hispanic, making up 1.2% of the population. Foreign-born residents account for 0.8% of the population in Carroll Plantation, ME, and this percentage has decreased by 33.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    93.1%-4.1%
    % Black
    0.0%-100.0%
    % Hispanic
    1.2%100.0%
    % Asian
    0.0%N/A
    % Foreign Born
    0.8%-33.3%
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    Mortgage and Risk — Carroll Plantation, ME

    According to HUD data as of 2023, there were 24 mortgage originations in Carroll Plantation, ME, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Carroll Plantation, ME. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    24
    % Conventional Loans
    96.0%
    % Government Loans
    4.0%
    % Investor Loans
    0.0%
    % Second Loans
    42.0%
    % Cash Out Refinance
    8.0%
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    Rentals and Section 8 — Carroll Plantation, ME

    Carroll Plantation, ME lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    N/A
    Total Units Section 8
    N/A
    % Rentals under Section 8
    N/A
    % Occupied Section 8
    N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,020
    2 BedroomN/AN/A$1,340
    3 BedroomN/AN/A$1,690
    4 BedroomN/AN/A$2,000

    Affordability — Carroll Plantation, ME

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income RatioN/A
    Median Home Price$191,000
    Median Household Income$41,100

    Carroll Plantation, ME — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Lee, ME

    04455

    East Winn, ME

    04495

    Macwahoc, ME

    04451

    Molunkus, ME

    04459

    Burlington, ME

    04417

    Frequently Asked Questions