Levant, ME—04456
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Levant, ME
As of Oct '25, the median home price in Levant, ME is $316,000, with a year-over-year change of 5.2%. This indicates that home prices in Levant, ME are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $316,000 | 5.2% |
| Single Family | $317,000 | 5.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $241,000 | 2.1% |
3 Bed | $327,000 | 5.5% |
4 Bed | $374,000 | 6.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Levant, ME
As of July '25, Rentcast reports the average rent in Levant, ME is $1,580, with a year-over-year rent change of 14.5%. Per bedroom, the median rent as of July '25 in Levant, ME is 2-bedrooms: $1,450, 3-bedrooms: $1,700. The most common rental property sizes in Levant, ME are 4-bedroom and 2-bedroom, accounting for 34.1% and 31.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,580 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,450 | $1,450 |
| 3 Bed Rent | $1,700 | $1,700 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Levant, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Levant, ME is 72. This is a decrease of -15.0% 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 67.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $444,000 | 17.0% |
Listing Count | 12 | 35.0% |
| Listings as % of Homes | 0.1% | 35.0% |
Days on Market | 72 | -15.0% |
Demographics — Levant, ME
As of the latest ACS Survey released in 2023, Levant, ME has a population of 3,010, which has increased by 1.7% over the past 5 years. Levant, ME is a moderately popular place for families, as children make up 20.5% of the population. The area has a poorly educated workforce, with 18.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,010 | 1.7% |
% Under 18 | 20.5% | -12.0% |
% Seniors | 20.7% | 27.0% |
% WFH | 7.6% | 18.8% |
% w/ College Degree | 18.6% | -13.1% |
As of the latest ACS Survey released in 2023, Levant, ME is a predominantly white area, with 96.8% of the population identifying as white. The white population has grown by 0.9% in the last 5 years. The second most common race or ethnicity in Levant, ME is black, making up 0.2% of the population. Foreign-born residents account for 2.0% of the population in Levant, ME, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.8% | 0.9% |
% Black | 0.2% | ∞% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.2% | -75.0% |
% Foreign Born | 2.0% | 0.0% |
Mortgage and Risk — Levant, ME
According to HUD data as of 2023, there were 54 mortgage originations in Levant, ME, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Levant, ME. Investor activity is low, as 0.0% of loans were by investors. 24.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 54 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 24.0% |
Loan Activity
Rentals and Section 8 — Levant, ME
Levant, 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 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,170 |
| 2 Bedroom | $80 | $1,450 | $1,530 |
| 3 Bedroom | $230 | $1,700 | $1,930 |
| 4 Bedroom | N/A | N/A | $2,280 |
Affordability — Levant, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $316,000 |
| Median Household Income | $75,900 |