Phippsburg, ME—04562
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Phippsburg, ME
As of Oct '25, the median home price in Phippsburg, ME is $479,000, with a year-over-year change of -2.5%. This indicates that home prices in Phippsburg, ME are decreasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $479,000 | -2.5% |
| Single Family | $480,000 | -3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $405,000 | -3.8% |
3 Bed | $507,000 | -2.3% |
4 Bed | $677,000 | -0.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Phippsburg, ME
Phippsburg, ME lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Phippsburg, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Phippsburg, ME is 80. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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 | $625,000 | -12.0% |
Listing Count | 16 | 0.0% |
| Listings as % of Homes | 0.2% | 0.0% |
Days on Market | 80 | 0.0% |
Demographics — Phippsburg, ME
As of the latest ACS Survey released in 2023, Phippsburg, ME has a population of 1,990, which has decreased by -6.7% over the past 5 years. Phippsburg, ME is a less popular place for families, as children make up 12.0% of the population. The area has a moderately educated workforce, with 38.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,990 | -6.7% |
% Under 18 | 12.0% | -17.2% |
% Seniors | 31.9% | 9.2% |
% WFH | 10.3% | 33.8% |
% w/ College Degree | 38.0% | 8.0% |
As of the latest ACS Survey released in 2023, Phippsburg, ME is a predominantly white area, with 97.7% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Phippsburg, ME is black, making up 0.4% of the population. Foreign-born residents account for 0.9% of the population in Phippsburg, ME, and this percentage has decreased by 64.0% 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 | 97.7% | 0.4% |
% Black | 0.4% | ∞% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.9% | -64.0% |
Mortgage and Risk — Phippsburg, ME
According to HUD data as of 2023, there were 107 mortgage originations in Phippsburg, ME, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Phippsburg, ME. Investor activity is low, as 6.0% 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 | 107 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 6.0% |
% Second Loans | 12.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Phippsburg, ME
Phippsburg, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | N/A | N/A | $1,280 |
| 3 Bedroom | N/A | N/A | $1,790 |
| 4 Bedroom | N/A | N/A | $2,150 |
Affordability — Phippsburg, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $479,000 |
| Median Household Income | $102,000 |