Corinna, ME—04928
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Corinna, ME
As of Oct '25, the median home price in Corinna, ME is $168,000, with a year-over-year change of -2.8%. This indicates that home prices in Corinna, ME are decreasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $168,000 | -2.8% |
| Single Family | $168,000 | -2.3% |
| 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 | $195,000 | -0.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Corinna, ME
As of July '25, Rentcast reports the average rent in Corinna, ME is $1,080, with a year-over-year rent change of 2.9%. Per bedroom, the median rent as of July '25 in Corinna, ME is 2-bedrooms: $1,080. The most common rental property sizes in Corinna, ME are 2-bedroom and 3-bedroom, accounting for 64.6% and 26.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,080 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Corinna, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Corinna, ME is 39. This is a decrease of -51.0% 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 | $103,000 | -64.0% |
Listing Count | 3 | -72.0% |
| Listings as % of Homes | 0.4% | -72.0% |
Days on Market | 39 | -51.0% |
Demographics — Corinna, ME
As of the latest ACS Survey released in 2023, Corinna, ME has a population of 2,080, which has increased by 2.3% over the past 5 years. Corinna, ME is a moderately popular place for families, as children make up 19.1% of the population. The area has a poorly educated workforce, with 12.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,080 | 2.3% |
% Under 18 | 19.1% | 20.1% |
% Seniors | 19.0% | -20.8% |
% WFH | 7.0% | -23.1% |
% w/ College Degree | 12.4% | -22.5% |
As of the latest ACS Survey released in 2023, Corinna, ME is a predominantly white area, with 97.8% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Corinna, ME is black, making up 0.1% of the population. Foreign-born residents account for 1.8% of the population in Corinna, ME, and this percentage has increased by 800.0% 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 | 97.8% | -0.3% |
% Black | 0.1% | -80.0% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.8% | 800.0% |
Mortgage and Risk — Corinna, ME
According to HUD data as of 2023, there were 41 mortgage originations in Corinna, ME, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Corinna, ME. Investor activity is low, as 0.0% of loans were by investors. 29.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 41 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 29.0% |
Loan Activity
Rentals and Section 8 — Corinna, ME
Corinna, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 7.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $830 |
| 2 Bedroom | -$10 | $1,100 | $1,090 |
| 3 Bedroom | N/A | N/A | $1,370 |
| 4 Bedroom | N/A | N/A | $1,630 |
Affordability — Corinna, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $168,000 |
| Median Household Income | $62,600 |