Carmel, ME 04419 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Carmel, ME—04419

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$317,000

2.9% YoY Growth

Household Income

$89,600

33.5% YoY Growth

Days on Market

112

3.0% Longer YoY

Home Price Forecast

3.7%

Median Rent

$1,380

4.0% YoY Growth

1-Bed Rent

$1,100

4.8% YoY Growth

2-Bed Rent

$1,380

N/A

3-Bed Rent

$1,600

0.0% YoY Growth

Home Price Trends — Carmel, ME

As of Dec '25, the median home price in Carmel, ME is $317,000, with a year-over-year change of 2.9%. This indicates that home prices in Carmel, ME are increasing. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$317,000	2.9%
Single Family	$318,000	2.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Carmel, ME

As of July '25, Rentcast reports the average rent in Carmel, ME is $1,440, with a year-over-year rent change of -4.0%. Per bedroom, the median rent as of July '25 in Carmel, ME is 1-bedrooms: $1,100, 2-bedrooms: $1,380, 3-bedrooms: $1,600, 4-bedrooms: $1,700. The most common rental property sizes in Carmel, ME are 2-bedroom and 3-bedroom, accounting for 65.9% and 20.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,380	$1,440
Studio Rent	N/A	N/A
1 Bed Rent	$1,100	$1,100
2 Bed Rent	$1,380	$1,380
3 Bed Rent	$1,600	$1,600
4 Bed Rent	$1,700	$1,700

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% of Rental Stock

1 Bedroom

3.2%

2 Bedrooms

65.9%

3 Bedrooms

20.5%

5+ Bedrooms

10.3%

Property Listings — Carmel, ME

As of Dec '25, Realtor.com reports that the median days on market for a home in Carmel, ME is 88. This is a increase of 3.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$305,000	-20.0%
Listing Count	6	-10.0%
Listings as % of Homes	0.1%	-10.0%
Days on Market	112	3.0%

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Demographics — Carmel, ME

As of the latest ACS Survey released in 2023, Carmel, ME has a population of 2,900, which has increased by 4.0% over the past 5 years. Carmel, ME is a moderately popular place for families, as children make up 19.5% of the population. The area has a poorly educated workforce, with 19.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,900	4.0%
% Under 18	19.5%	-8.5%
% Seniors	17.7%	23.8%
% WFH	3.1%	14.8%
% w/ College Degree	19.4%	-8.9%

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As of the latest ACS Survey released in 2023, Carmel, ME is a predominantly white area, with 90.7% of the population identifying as white. The white population has shrunk by 8.8% in the last 5 years. The second most common race or ethnicity in Carmel, ME is hispanic, making up 2.2% of the population. Foreign-born residents account for 2.0% of the population in Carmel, ME, and this percentage has increased by 900.0% 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	90.7%	-8.8%
% Black	0.1%	∞%
% Hispanic	2.2%	∞%
% Asian	0.6%	∞%
% Foreign Born	2.0%	900.0%

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Mortgage and Risk — Carmel, ME

According to HUD data as of 2023, there were 73 mortgage originations in Carmel, ME, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Carmel, ME. Investor activity is low, as 1.0% 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	73
% Conventional Loans	82.0%
% Government Loans	18.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Carmel, ME

Carmel, 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	$100	$1,100	$1,200
2 Bedroom	$190	$1,380	$1,570
3 Bedroom	$380	$1,600	$1,980
4 Bedroom	$640	$1,700	$2,340

Carmel, ME—04419

Key Metrics at a Glance

Home Price Trends — Carmel, ME

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Carmel, ME

% of Rental Stock

Property Listings — Carmel, ME

Demographics — Carmel, ME

Race and Ethnicity

Mortgage and Risk — Carmel, ME

Mortgages

Rentals and Section 8 — Carmel, ME

Section 8 Market Size

Section 8 Opportunity

Affordability — Carmel, ME

Home Price to Income Ratio

Carmel, ME — ZIP Code Boundary Map

Nearby ZIP Codes

Levant, ME

Etna, ME

Hampden, ME

Stetson, ME

Dixmont, ME

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$317,000
Median Household Income	$89,600

Carmel, ME—04419

Key Metrics at a Glance

Home Price Trends — Carmel, ME

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Carmel, ME

% of Rental Stock

Property Listings — Carmel, ME

Demographics — Carmel, ME

Race and Ethnicity

Mortgage and Risk — Carmel, ME

Mortgages

Rentals and Section 8 — Carmel, ME

Section 8 Market Size

Section 8 Opportunity

Affordability — Carmel, ME

Home Price to Income Ratio

Carmel, ME — ZIP Code Boundary Map

Nearby ZIP Codes

Levant, ME

Etna, ME

Hampden, ME

Stetson, ME

Dixmont, ME

Frequently Asked Questions

What is the average home price in Carmel, ME 04419?

How have home prices in Carmel, ME 04419 changed over the past year?

What is the home price projection for Carmel, ME 04419?

What are the demographics of Carmel, ME 04419?

How long does it take homes to sell in Carmel, ME 04419?

What is the average rent price in Carmel, ME 04419?