Thomaston, ME—04861
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Thomaston, ME
Thomaston, ME lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $344,000 | 1.5% |
| Single Family | $344,000 | 1.2% |
| 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 | $371,000 | 0.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Thomaston, ME
As of July '25, Rentcast reports the average rent in Thomaston, ME is $2,060, with a year-over-year rent change of 37.3%. Per bedroom, the median rent as of July '25 in Thomaston, ME is 1-bedrooms: $1,380, 3-bedrooms: $2,750. The most common rental property sizes in Thomaston, ME are 2-bedroom and 1-bedroom, accounting for 39.6% and 31.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,380 | $2,060 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,380 | $1,380 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,750 | $2,750 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Thomaston, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Thomaston, ME is 128. This is a increase of 56.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $287,000 | -23.0% |
Listing Count | 18 | 44.0% |
| Listings as % of Homes | 0.4% | 44.0% |
Days on Market | 128 | 56.0% |
Demographics — Thomaston, ME
As of the latest ACS Survey released in 2023, Thomaston, ME has a population of 2,760, which has remained stable by -0.8% over the past 5 years. Thomaston, ME is a moderately popular place for families, as children make up 15.6% of the population. The area has a moderately educated workforce, with 29.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,760 | -0.8% |
% Under 18 | 15.6% | -30.0% |
% Seniors | 34.0% | 74.4% |
% WFH | 2.1% | -12.5% |
% w/ College Degree | 29.1% | 29.3% |
As of the latest ACS Survey released in 2023, Thomaston, ME is a predominantly white area, with 86.5% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Thomaston, ME is hispanic, making up 8.3% of the population. Foreign-born residents account for 6.8% of the population in Thomaston, ME, and this percentage has increased by 33.3% 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 | 86.5% | -5.9% |
% Black | 1.4% | ∞% |
% Hispanic | 8.3% | 22.1% |
% Asian | 0.0% | N/A |
% Foreign Born | 6.8% | 33.3% |
Mortgage and Risk — Thomaston, ME
According to HUD data as of 2023, there were 48 mortgage originations in Thomaston, ME, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Thomaston, ME. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 48 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 2.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Thomaston, ME
Thomaston, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 81 |
Total Units Section 8 | 50 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 87.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$510 | $1,380 | $870 |
| 2 Bedroom | N/A | N/A | $1,030 |
| 3 Bedroom | -$1,460 | $2,750 | $1,290 |
| 4 Bedroom | N/A | N/A | $1,570 |
Affordability — Thomaston, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $344,000 |
| Median Household Income | $53,800 |