Dexter, ME—04930
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dexter, ME
As of Nov '25, the median home price in Dexter, ME is $198,000, with a year-over-year change of 1.3%. This indicates that home prices in Dexter, ME are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $198,000 | 1.3% |
| Single Family | $199,000 | 0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $205,000 | 1.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Dexter, ME
As of July '25, Rentcast reports the average rent in Dexter, ME is $1,200, with a year-over-year rent change of 50.0%. Per bedroom, the median rent as of July '25 in Dexter, ME is 2-bedrooms: $1,200. The most common rental property sizes in Dexter, ME are 1-bedroom and 3-bedroom, accounting for 43.7% and 31.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,200 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Dexter, ME
As of Nov '25, Realtor.com reports that the median days on market for a home in Dexter, ME is 55. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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 | $274,000 | -7.0% |
Listing Count | 18 | -18.0% |
| Listings as % of Homes | 0.5% | -18.0% |
Days on Market | 55 | -1.0% |
Demographics — Dexter, ME
As of the latest ACS Survey released in 2023, Dexter, ME has a population of 4,220, which has increased by 3.9% over the past 5 years. Dexter, ME is a moderately popular place for families, as children make up 18.6% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,220 | 3.9% |
% Under 18 | 18.6% | 8.1% |
% Seniors | 20.7% | -19.5% |
% WFH | 11.5% | 53.3% |
% w/ College Degree | 16.9% | -4.5% |
As of the latest ACS Survey released in 2023, Dexter, ME is a predominantly white area, with 94.3% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Dexter, ME is black, making up 0.9% of the population. Foreign-born residents account for 5.3% of the population in Dexter, ME, and this percentage has increased by 130.4% 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 | 94.3% | -2.4% |
% Black | 0.9% | 125.0% |
% Hispanic | 0.3% | -76.9% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 5.3% | 130.4% |
Mortgage and Risk — Dexter, ME
According to HUD data as of 2023, there were 67 mortgage originations in Dexter, ME, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Dexter, ME. Investor activity is low, as 0.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 67 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 0.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 21.0% |
Rentals and Section 8 — Dexter, ME
Dexter, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 44 |
Total Units Section 8 | 44 |
% Rentals under Section 8 | 7.8% |
% Occupied Section 8 | 85.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $910 |
| 2 Bedroom | $0 | $1,200 | $1,200 |
| 3 Bedroom | N/A | N/A | $1,510 |
| 4 Bedroom | N/A | N/A | $1,790 |
Affordability — Dexter, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $198,000 |
| Median Household Income | $53,500 |