Androscoggin County, Maine Housing Market

In Androscoggin County, Maine, the median home value is $252,800, with a median monthly rent of $1,010. This places Androscoggin County at #872 nationally out of 3134 counties by median home value, and #8 within Maine.

Median Home Value $252,800
Median Rent $1,010/mo
Owner Occupancy 67.9%
Price/Rent Ratio 20.9

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Androscoggin County rose +7.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

42,761
jobs (private sector)
  • Avg weekly wage: $1,159
  • Establishments: 3,415
  • BLS QCEW, 2025
🏗️

Housing Supply

453
new units authorized (2025)
  • Single-family: 269
  • Multi-family: 184
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+2299
net migration (filers, 2021-2022)
  • Inflow: 47,595 (avg $64,279)
  • Outflow: 45,296 (avg $65,020)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 8 active ZIP codes in Androscoggin County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 04236 328.4 +25.67% 2025
2 04280 328.7 +10.42% 2025
3 04250 360.2 +12.96% 2025
4 04274 306.4 +4.50% 2025
5 04240 324.1 +8.67% 2025
6 04210 317.9 +6.04% 2025
7 04222 329.0 +6.92% 2025
8 04252 322.6 +1.19% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Androscoggin County Compares

MetricAndroscoggin CountyMaine AverageU.S. Average
Median Home Value $252,800 $260,725 $227,706
Median Gross Rent $1,010 $1,020 $968
Owner Occupancy Rate 67.9% 76.6% 73.3%
Price/Rent Ratio 20.9 20.9 18.7

Market Analysis

The median home value in Androscoggin County is 3.0% below the Maine state average and 11.0% above the U.S. national average. The median rent of $1,010/month is 1.0% below the state average.

With a price-to-rent ratio of 20.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Androscoggin County has an owner-occupancy rate of 67.9%, compared to 76.6% in Maine and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Grand Forks County North Dakota $252,700 $992
Greene County Ohio $252,200 $1,135
Campbell County Kentucky $252,000 $1,145
Cannon County Tennessee $252,000 $908
Hamilton County Nebraska $253,700 $794

Other Counties in Maine

CountyMedian Home ValueMedian RentOwner Occ.
Waldo County $257,700 $1,021 81.9%
Kennebec County $238,200 $992 73.7%
Oxford County $217,300 $836 80.6%
Penobscot County $214,100 $1,041 70.5%
Hancock County $310,400 $1,061 78.5%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).