Waterboro, ME—04061
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waterboro, ME
As of Oct '25, the median home price in Waterboro, ME is $383,000, with a year-over-year change of 3.0%. This indicates that home prices in Waterboro, ME are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $383,000 | 3.0% |
| Single Family | $383,000 | 2.7% |
| 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 | $391,000 | 2.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Waterboro, ME
Waterboro, 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 — Waterboro, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Waterboro, ME is 22. This is a decrease of -57.0% 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 114.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $404,000 | -18.0% |
Listing Count | 7 | 40.0% |
| Listings as % of Homes | 0.1% | 40.0% |
Days on Market | 22 | -57.0% |
Demographics — Waterboro, ME
As of the latest ACS Survey released in 2023, Waterboro, ME has a population of 3,100, which has increased by 4.3% over the past 5 years. Waterboro, ME is a popular place for families, as children make up 31.4% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,100 | 4.3% |
% Under 18 | 31.4% | 65.3% |
% Seniors | 5.5% | 0.0% |
% WFH | 9.9% | 518.8% |
% w/ College Degree | 23.1% | 14.9% |
As of the latest ACS Survey released in 2023, Waterboro, ME is a predominantly white area, with 92.5% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Waterboro, ME is black, making up 0.0% of the population. Foreign-born residents account for 3.0% of the population in Waterboro, ME, and this percentage has increased by 328.6% 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 | 92.5% | -2.3% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.0% | 328.6% |
Mortgage and Risk — Waterboro, ME
According to HUD data as of 2023, there were 119 mortgage originations in Waterboro, ME, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Waterboro, ME. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 119 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 1.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Waterboro, ME
Waterboro, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,330 |
| 2 Bedroom | N/A | N/A | $1,640 |
| 3 Bedroom | N/A | N/A | $2,150 |
| 4 Bedroom | N/A | N/A | $2,370 |
Affordability — Waterboro, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $383,000 |
| Median Household Income | $83,300 |