Warren, ME—04864
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Warren, ME
Warren, ME lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $343,000 | 6.6% |
| Single Family | $343,000 | 6.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $327,000 | 5.8% |
3 Bed | $362,000 | 6.2% |
4 Bed | $401,000 | 6.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Warren, ME
Warren, 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 — Warren, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Warren, ME is 78. This is a decrease of -14.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $459,000 | 5.0% |
Listing Count | 9 | -3.0% |
| Listings as % of Homes | 0.4% | -3.0% |
Days on Market | 78 | -14.0% |
Demographics — Warren, ME
As of the latest ACS Survey released in 2023, Warren, ME has a population of 4,890, which has increased by 3.7% over the past 5 years. Warren, ME is a moderately popular place for families, as children make up 16.0% of the population. The area has a poorly educated workforce, with 19.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,890 | 3.7% |
% Under 18 | 16.0% | 34.5% |
% Seniors | 9.3% | -25.6% |
% WFH | 10.0% | 185.7% |
% w/ College Degree | 19.1% | 4.4% |
As of the latest ACS Survey released in 2023, Warren, ME is a predominantly white area, with 89.8% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Warren, ME is hispanic, making up 2.2% of the population. Foreign-born residents account for 2.7% of the population in Warren, ME, and this percentage has increased by 50.0% 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 | 89.8% | -3.0% |
% Black | 1.6% | 6.7% |
% Hispanic | 2.2% | 15.8% |
% Asian | 0.7% | ∞% |
% Foreign Born | 2.7% | 50.0% |
Mortgage and Risk — Warren, ME
According to HUD data as of 2023, there were 72 mortgage originations in Warren, ME, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Warren, ME. Investor activity is low, as 6.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 72 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 6.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Warren, ME
Warren, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 17 |
Total Units Section 8 | 17 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $970 |
| 2 Bedroom | N/A | N/A | $1,140 |
| 3 Bedroom | N/A | N/A | $1,440 |
| 4 Bedroom | N/A | N/A | $1,670 |
Affordability — Warren, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $343,000 |
| Median Household Income | $77,300 |