North Yarmouth, ME—04097
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Yarmouth, ME
As of Oct '25, the median home price in North Yarmouth, ME is $671,000, with a year-over-year change of 0.1%. This indicates that home prices in North Yarmouth, ME are flat. 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 | $671,000 | 0.1% |
| Single Family | $673,000 | -0.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $467,000 | -0.8% |
3 Bed | $635,000 | -0.3% |
4 Bed | $786,000 | -0.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — North Yarmouth, ME
North Yarmouth, 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 — North Yarmouth, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in North Yarmouth, ME is 48. This is a decrease of -2.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $600,000 | -10.0% |
Listing Count | 15 | -10.0% |
| Listings as % of Homes | 0.2% | -10.0% |
Days on Market | 48 | -2.0% |
Demographics — North Yarmouth, ME
As of the latest ACS Survey released in 2023, North Yarmouth, ME has a population of 4,170, which has increased by 10.8% over the past 5 years. North Yarmouth, ME is a moderately popular place for families, as children make up 22.5% of the population. The area has a highly educated workforce, with 53.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,170 | 10.8% |
% Under 18 | 22.5% | -8.5% |
% Seniors | 15.4% | 37.5% |
% WFH | 18.1% | 135.1% |
% w/ College Degree | 53.4% | -12.5% |
As of the latest ACS Survey released in 2023, North Yarmouth, ME is a predominantly white area, with 90.7% of the population identifying as white. The white population has shrunk by 5.5% in the last 5 years. The second most common race or ethnicity in North Yarmouth, ME is hispanic, making up 3.8% of the population. Foreign-born residents account for 2.9% of the population in North Yarmouth, ME, and this percentage has increased by 81.2% 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 | 90.7% | -5.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 3.8% | 171.4% |
% Asian | 1.9% | 35.7% |
% Foreign Born | 2.9% | 81.2% |
Mortgage and Risk — North Yarmouth, ME
According to HUD data as of 2023, there were 90 mortgage originations in North Yarmouth, ME, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 41.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in North Yarmouth, ME. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 90 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — North Yarmouth, ME
North Yarmouth, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 15 |
Total Units Section 8 | 16 |
% Rentals under Section 8 | 5.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,620 |
| 2 Bedroom | N/A | N/A | $2,090 |
| 3 Bedroom | N/A | N/A | $2,560 |
| 4 Bedroom | N/A | N/A | $2,870 |
Affordability — North Yarmouth, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $671,000 |
| Median Household Income | $120,000 |