Unity, ME—04988
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Unity, ME
Unity, ME lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $273,000 | 3.2% |
| Single Family | $273,000 | 3.4% |
| 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 — Unity, ME
Unity, 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 — Unity, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Unity, ME is 54. This is a decrease of -58.0% 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 | $319,000 | -20.0% |
Listing Count | 8 | 8.0% |
| Listings as % of Homes | 0.6% | 8.0% |
Days on Market | 54 | -58.0% |
Demographics — Unity, ME
As of the latest ACS Survey released in 2023, Unity, ME has a population of 1,960, which has decreased by -16.6% over the past 5 years. Unity, ME is a less popular place for families, as children make up 12.1% of the population. The area has a poorly educated workforce, with 19.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,960 | -16.6% |
% Under 18 | 12.1% | -37.9% |
% Seniors | 14.9% | 23.1% |
% WFH | 20.2% | 54.2% |
% w/ College Degree | 19.6% | -32.4% |
As of the latest ACS Survey released in 2023, Unity, ME is a predominantly white area, with 95.3% of the population identifying as white. The white population has grown by 2.7% in the last 5 years. The second most common race or ethnicity in Unity, ME is asian, making up 0.9% of the population. Foreign-born residents account for 2.8% of the population in Unity, ME, and this percentage has increased by 27.3% 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 | 95.3% | 2.7% |
% Black | 0.5% | -54.5% |
% Hispanic | 0.9% | -47.1% |
% Asian | 0.9% | -50.0% |
% Foreign Born | 2.8% | 27.3% |
Mortgage and Risk — Unity, ME
According to HUD data as of 2023, there were 76 mortgage originations in Unity, ME, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Unity, ME. Investor activity is low, as 1.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 76 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 1.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Unity, ME
Unity, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 20 |
Total Units Section 8 | 20 |
% 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 | $990 |
| 2 Bedroom | N/A | N/A | $1,270 |
| 3 Bedroom | N/A | N/A | $1,640 |
| 4 Bedroom | N/A | N/A | $1,760 |
Affordability — Unity, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $273,000 |
| Median Household Income | $50,000 |