Newfield, ME—04095
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newfield, ME
As of Oct '25, the median home price in Newfield, ME is $371,000, with a year-over-year change of -2.1%. This indicates that home prices in Newfield, ME are decreasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $371,000 | -2.1% |
| Single Family | $371,000 | -2.9% |
| 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 — Newfield, ME
Newfield, ME lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,500 | $2,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Newfield, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Newfield, ME is 62. This is a decrease of -29.0% 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 46.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $498,000 | 12.0% |
Listing Count | 13 | 128.0% |
| Listings as % of Homes | 0.5% | 128.0% |
Days on Market | 62 | -29.0% |
Demographics — Newfield, ME
As of the latest ACS Survey released in 2023, Newfield, ME has a population of 1,380, which has increased by 17.0% over the past 5 years. Newfield, ME is a less popular place for families, as children make up 13.9% 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 few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,380 | 17.0% |
% Under 18 | 13.9% | -1.4% |
% Seniors | 24.3% | 13.6% |
% WFH | 6.1% | -24.7% |
% w/ College Degree | 19.1% | 11.0% |
As of the latest ACS Survey released in 2023, Newfield, ME is a predominantly white area, with 89.5% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Newfield, ME is asian, making up 0.9% of the population. Foreign-born residents account for 0.2% of the population in Newfield, ME, and this percentage has decreased by 75.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.5% | -6.4% |
% Black | 0.0% | N/A |
% Hispanic | 0.3% | -92.7% |
% Asian | 0.9% | 200.0% |
% Foreign Born | 0.2% | -75.0% |
Mortgage and Risk — Newfield, ME
Newfield, ME lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Newfield, ME
Newfield, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 16.7% |
% 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 | -$340 | $2,500 | $2,160 |
| 4 Bedroom | N/A | N/A | $2,390 |
Affordability — Newfield, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $371,000 |
| Median Household Income | $57,200 |