Berwick, ME 03901 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Berwick, ME—03901

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$450,000

1.2% YoY Growth

Household Income

$77,800

8.7% YoY Growth

Days on Market

66.0% Longer YoY

Home Price Forecast

2.9%

Median Rent

$2,300

50.6% YoY Growth

1-Bed Rent

$1,600

67.9% YoY Growth

2-Bed Rent

$2,450

50.0% YoY Growth

3-Bed Rent

$2,400

37.1% YoY Growth

Home Price Trends — Berwick, ME

As of Dec '25, the median home price in Berwick, ME is $450,000, with a year-over-year change of 1.2%. This indicates that home prices in Berwick, ME are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$450,000	1.2%
Single Family	$454,000	1.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Berwick, ME

As of July '25, Rentcast reports the average rent in Berwick, ME is $2,380, with a year-over-year rent change of 50.6%. Per bedroom, the median rent as of July '25 in Berwick, ME is 1-bedrooms: $1,780, 2-bedrooms: $2,400, 3-bedrooms: $2,400, 4-bedrooms: $2,900. The most common rental property sizes in Berwick, ME are 1-bedroom and 2-bedroom, accounting for 45.6% and 32.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,300	$2,380
Studio Rent	N/A	N/A
1 Bed Rent	$1,600	$1,780
2 Bed Rent	$2,450	$2,400
3 Bed Rent	$2,400	$2,400
4 Bed Rent	$2,900	$2,900

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% of Rental Stock

1 Bedroom

45.6%

2 Bedrooms

32.5%

3 Bedrooms

21.9%

Property Listings — Berwick, ME

As of Dec '25, Realtor.com reports that the median days on market for a home in Berwick, ME is 50. This is a increase of 64.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$638,000	4.0%
Listing Count	20	14.0%
Listings as % of Homes	0.3%	14.0%
Days on Market	74	66.0%

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Demographics — Berwick, ME

As of the latest ACS Survey released in 2023, Berwick, ME has a population of 8,090, which has increased by 6.2% over the past 5 years. Berwick, ME is a moderately popular place for families, as children make up 24.7% of the population. The area has a moderately educated workforce, with 35.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	8,090	6.2%
% Under 18	24.7%	9.8%
% Seniors	18.1%	16.0%
% WFH	13.0%	242.1%
% w/ College Degree	35.0%	11.1%

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As of the latest ACS Survey released in 2023, Berwick, ME is a predominantly white area, with 93.6% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Berwick, ME is hispanic, making up 2.3% of the population. Foreign-born residents account for 2.8% of the population in Berwick, ME, and this percentage has increased by 180.0% 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	93.6%	-3.2%
% Black	0.7%	∞%
% Hispanic	2.3%	283.3%
% Asian	1.6%	700.0%
% Foreign Born	2.8%	180.0%

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Mortgage and Risk — Berwick, ME

According to HUD data as of 2023, there were 162 mortgage originations in Berwick, ME, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Berwick, ME. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	162
% Conventional Loans	81.0%
% Government Loans	19.0%
% Investor Loans	0.0%
% Second Loans	1.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Berwick, ME

As of 2024, the percent of homes in Berwick, ME under the Section 8 program is 21.7%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Berwick, ME, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	107
Total Units Section 8	107
% Rentals under Section 8	21.7%
% Occupied Section 8	82.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$260	$1,600	$1,340
2 Bedroom	-$720	$2,450	$1,730
3 Bedroom	-$160	$2,400	$2,240
4 Bedroom	$0	$2,900	$2,900

Berwick, ME—03901

Key Metrics at a Glance

Home Price Trends — Berwick, ME

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Berwick, ME

% of Rental Stock

Property Listings — Berwick, ME

Demographics — Berwick, ME

Race and Ethnicity

Mortgage and Risk — Berwick, ME

Mortgages

Rentals and Section 8 — Berwick, ME

Section 8 Market Size

Section 8 Opportunity

Affordability — Berwick, ME

Home Price to Income Ratio

Berwick, ME — ZIP Code Boundary Map

Nearby ZIP Codes

Somersworth, NH

North Berwick, ME

Rollinsford, NH

Rochester, NH

South Berwick, ME

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.1
Median Home Price	$450,000
Median Household Income	$77,800

Berwick, ME—03901

Key Metrics at a Glance

Home Price Trends — Berwick, ME

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Berwick, ME

% of Rental Stock

Property Listings — Berwick, ME

Demographics — Berwick, ME

Race and Ethnicity

Mortgage and Risk — Berwick, ME

Mortgages

Rentals and Section 8 — Berwick, ME

Section 8 Market Size

Section 8 Opportunity

Affordability — Berwick, ME

Home Price to Income Ratio

Berwick, ME — ZIP Code Boundary Map

Nearby ZIP Codes

Somersworth, NH

North Berwick, ME

Rollinsford, NH

Rochester, NH

South Berwick, ME

Frequently Asked Questions

What is the average home price in Berwick, ME 03901?

How have home prices in Berwick, ME 03901 changed over the past year?

What is the home price projection for Berwick, ME 03901?

What are the demographics of Berwick, ME 03901?

How long does it take homes to sell in Berwick, ME 03901?

What is the average rent price in Berwick, ME 03901?