Lincoln, ME—04457
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lincoln, ME
As of Oct '25, the median home price in Lincoln, ME is $207,000, with a year-over-year change of 5.4%. This indicates that home prices in Lincoln, ME are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $207,000 | 5.4% |
| Single Family | $207,000 | 5.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $204,000 | 2.5% |
3 Bed | $237,000 | 3.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lincoln, ME
As of July '25, Rentcast reports the average rent in Lincoln, ME is $1,000, with a year-over-year rent change of -9.1%. Per bedroom, the median rent as of July '25 in Lincoln, ME is 2-bedrooms: $1,000. The most common rental property sizes in Lincoln, ME are 1-bedroom and 2-bedroom, accounting for 52.5% and 18.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,000 | $1,000 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lincoln, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Lincoln, ME is 53. This is a decrease of -16.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $242,000 | 1.0% |
Listing Count | 38 | 1.0% |
| Listings as % of Homes | 0.5% | 1.0% |
Days on Market | 53 | -16.0% |
Demographics — Lincoln, ME
As of the latest ACS Survey released in 2023, Lincoln, ME has a population of 5,760, which has remained stable by -0.6% over the past 5 years. Lincoln, ME is a less popular place for families, as children make up 13.8% of the population. The area has a poorly educated workforce, with 20.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,760 | -0.6% |
% Under 18 | 13.8% | -22.0% |
% Seniors | 31.3% | 47.6% |
% WFH | 4.2% | 1,300.0% |
% w/ College Degree | 20.7% | 52.2% |
As of the latest ACS Survey released in 2023, Lincoln, ME is a predominantly white area, with 97.9% of the population identifying as white. The white population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in Lincoln, ME is asian, making up 0.4% of the population. Foreign-born residents account for 3.0% of the population in Lincoln, ME, and this percentage has increased by 500.0% 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 | 97.9% | -0.2% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.4% | 300.0% |
% Foreign Born | 3.0% | 500.0% |
Mortgage and Risk — Lincoln, ME
According to HUD data as of 2023, there were 100 mortgage originations in Lincoln, ME, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Lincoln, ME. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 100 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 3.0% |
% Second Loans | 15.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Lincoln, ME
Lincoln, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 62 |
Total Units Section 8 | 62 |
% Rentals under Section 8 | 8.9% |
% Occupied Section 8 | 90.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $720 |
| 2 Bedroom | -$50 | $1,000 | $950 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,420 |
Affordability — Lincoln, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $207,000 |
| Median Household Income | $51,400 |