Cushing, ME 04563 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Cushing, ME—04563

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$472,000

3.6% YoY Growth

Household Income

$68,300

22.0% YoY Growth

Days on Market

43.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Cushing, ME

Cushing, ME lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$472,000	-3.6%
Single Family	$472,000	-2.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Cushing, ME

Cushing, 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

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% of Rental Stock

1 Bedroom

8.0%

2 Bedrooms

46.4%

3 Bedrooms

34.8%

4 Bedrooms

10.7%

Property Listings — Cushing, ME

As of Nov '25, Realtor.com reports that the median days on market for a home in Cushing, ME is 85. This is a decrease of -43.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$762,000	-25.0%
Listing Count	14	71.0%
Listings as % of Homes	0.3%	71.0%
Days on Market	85	-43.0%

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Demographics — Cushing, ME

As of the latest ACS Survey released in 2023, Cushing, ME has a population of 1,410, which has decreased by -8.0% over the past 5 years. Cushing, ME is a moderately popular place for families, as children make up 16.0% of the population. The area has a moderately educated workforce, with 35.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,410	-8.0%
% Under 18	16.0%	-28.3%
% Seniors	24.4%	-5.1%
% WFH	17.3%	154.4%
% w/ College Degree	35.1%	47.5%

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As of the latest ACS Survey released in 2023, Cushing, ME is a predominantly white area, with 92.2% of the population identifying as white. The white population has shrunk by 5.7% in the last 5 years. The second most common race or ethnicity in Cushing, ME is hispanic, making up 1.4% of the population. Foreign-born residents account for 1.2% of the population in Cushing, ME, and this percentage has decreased by 14.3% 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	92.2%	-5.7%
% Black	0.1%	∞%
% Hispanic	1.4%	100.0%
% Asian	0.0%	N/A
% Foreign Born	1.2%	-14.3%

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Mortgage and Risk — Cushing, ME

According to HUD data as of 2023, there were 65 mortgage originations in Cushing, ME, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Cushing, ME. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	65
% Conventional Loans	92.0%
% Government Loans	8.0%
% Investor Loans	2.0%
% Second Loans	17.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Cushing, ME

Cushing, ME lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	4
Total Units Section 8	4
% 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	N/A	N/A	$1,210
2 Bedroom	N/A	N/A	$1,430
3 Bedroom	N/A	N/A	$1,790
4 Bedroom	N/A	N/A	$2,180

Cushing, ME—04563

Key Metrics at a Glance

Home Price Trends — Cushing, ME

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cushing, ME

% of Rental Stock

Property Listings — Cushing, ME

Demographics — Cushing, ME

Race and Ethnicity

Mortgage and Risk — Cushing, ME

Mortgages

Rentals and Section 8 — Cushing, ME

Section 8 Market Size

Section 8 Opportunity

Affordability — Cushing, ME

Home Price to Income Ratio

Cushing, ME — ZIP Code Boundary Map

Nearby ZIP Codes

St George, ME

Friendship, ME

Glenmere

Clark Island, ME

Thomaston, ME

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	6.7
Median Home Price	$472,000
Median Household Income	$68,300

Cushing, ME—04563

Key Metrics at a Glance

Home Price Trends — Cushing, ME

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cushing, ME

% of Rental Stock

Property Listings — Cushing, ME

Demographics — Cushing, ME

Race and Ethnicity

Mortgage and Risk — Cushing, ME

Mortgages

Rentals and Section 8 — Cushing, ME

Section 8 Market Size

Section 8 Opportunity

Affordability — Cushing, ME

Home Price to Income Ratio

Cushing, ME — ZIP Code Boundary Map

Nearby ZIP Codes

St George, ME

Friendship, ME

Glenmere

Clark Island, ME

Thomaston, ME

Frequently Asked Questions

What is the average home price in Cushing, ME 04563?

How have home prices in Cushing, ME 04563 changed over the past year?

What is the home price projection for Cushing, ME 04563?

What are the demographics of Cushing, ME 04563?

How long does it take homes to sell in Cushing, ME 04563?

What is the average rent price in Cushing, ME 04563?