Woolwich, ME—04579
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Woolwich, ME
As of Oct '25, the median home price in Woolwich, ME is $414,000, with a year-over-year change of -0.9%. This indicates that home prices in Woolwich, ME are flat. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $414,000 | -0.9% |
| Single Family | $414,000 | -1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $485,000 | 0.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Woolwich, ME
Woolwich, 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 — Woolwich, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Woolwich, ME is 37. This is a decrease of -44.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $824,000 | 29.0% |
Listing Count | 5 | 0.0% |
| Listings as % of Homes | 0.1% | 0.0% |
Days on Market | 37 | -44.0% |
Demographics — Woolwich, ME
As of the latest ACS Survey released in 2023, Woolwich, ME has a population of 3,140, which has increased by 1.5% over the past 5 years. Woolwich, ME is a moderately popular place for families, as children make up 15.0% of the population. The area has a highly educated workforce, with 53.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,140 | 1.5% |
% Under 18 | 15.0% | -29.2% |
% Seniors | 33.6% | 90.9% |
% WFH | 10.8% | 17.4% |
% w/ College Degree | 53.3% | 96.0% |
As of the latest ACS Survey released in 2023, Woolwich, ME is a predominantly white area, with 86.3% of the population identifying as white. The white population has shrunk by 12.8% in the last 5 years. The second most common race or ethnicity in Woolwich, ME is black, making up 1.8% of the population. Foreign-born residents account for 3.2% of the population in Woolwich, ME, and this percentage has increased by 100.0% 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 | 86.3% | -12.8% |
% Black | 1.8% | ∞% |
% Hispanic | 0.0% | -100.0% |
% Asian | 1.0% | ∞% |
% Foreign Born | 3.2% | 100.0% |
Mortgage and Risk — Woolwich, ME
According to HUD data as of 2023, there were 98 mortgage originations in Woolwich, ME, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Woolwich, ME. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 98 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 1.0% |
% Second Loans | 12.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Woolwich, ME
Woolwich, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% 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 | $1,420 |
| 2 Bedroom | N/A | N/A | $1,750 |
| 3 Bedroom | N/A | N/A | $2,450 |
| 4 Bedroom | N/A | N/A | $2,940 |
Affordability — Woolwich, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $414,000 |
| Median Household Income | $103,000 |