Washington, ME—04574
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Washington, ME
Washington, ME lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $331,000 | -1.9% |
| Single Family | $331,000 | -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 | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Washington, ME
Washington, 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 — Washington, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Washington, ME is 97. This is a increase of 116.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $350,000 | 7.0% |
Listing Count | 11 | 180.0% |
| Listings as % of Homes | 0.1% | 180.0% |
Days on Market | 97 | 116.0% |
Demographics — Washington, ME
As of the latest ACS Survey released in 2023, Washington, ME has a population of 1,620, which has increased by 11.1% over the past 5 years. Washington, ME is a moderately popular place for families, as children make up 15.0% of the population. The area has a poorly educated workforce, with 22.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,620 | 11.1% |
% Under 18 | 15.0% | -29.6% |
% Seniors | 18.4% | 10.8% |
% WFH | 9.6% | 113.3% |
% w/ College Degree | 22.2% | -0.9% |
As of the latest ACS Survey released in 2023, Washington, ME is a predominantly white area, with 94.1% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Washington, ME is asian, making up 1.8% of the population. Foreign-born residents account for 2.6% of the population in Washington, ME, and this percentage has increased by 44.4% 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 | 94.1% | -3.7% |
% Black | 0.0% | N/A |
% Hispanic | 0.4% | -50.0% |
% Asian | 1.8% | 260.0% |
% Foreign Born | 2.6% | 44.4% |
Mortgage and Risk — Washington, ME
Washington, ME lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Washington, ME
Washington, 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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,500 |
| 2 Bedroom | N/A | N/A | $1,770 |
| 3 Bedroom | N/A | N/A | $2,210 |
| 4 Bedroom | N/A | N/A | $2,700 |
Affordability — Washington, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $331,000 |
| Median Household Income | $63,000 |