Washington County, Maine Housing Market
In Washington County, Maine, the median home value is $161,800, with a median monthly rent of $783. This places Washington County at #1980 nationally out of 3134 counties by median home value, and #15 within Maine.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,020
- Establishments: 1,004
- BLS QCEW, 2025
Housing Supply
- Single-family: 103
- Multi-family: 4
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 13,342 (avg $57,552)
- Outflow: 12,371 (avg $55,980)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Washington County Compares
| Metric | Washington County | Maine Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $161,800 | $260,725 | $227,706 |
| Median Gross Rent | $783 | $1,020 | $968 |
| Owner Occupancy Rate | 79.7% | 76.6% | 73.3% |
| Price/Rent Ratio | 17.2 | 20.9 | 18.7 |
Market Analysis
The median home value in Washington County is 37.9% below the Maine state average and 28.9% below the U.S. national average. The median rent of $783/month is 23.2% below the state average.
With a price-to-rent ratio of 17.2, the buy-vs-rent decision in Washington County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Washington County has an owner-occupancy rate of 79.7%, compared to 76.6% in Maine and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Rowan County | Kentucky | $161,800 | $825 |
| Daviess County | Missouri | $161,800 | $696 |
| McNairy County | Tennessee | $161,800 | $723 |
| Grant County | Arkansas | $161,700 | $788 |
| LaSalle County | Illinois | $161,900 | $928 |
Other Counties in Maine
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Somerset County | $166,900 | $910 | 77.4% |
| Piscataquis County | $170,200 | $837 | 78.8% |
| Aroostook County | $149,700 | $784 | 74.5% |
| Franklin County | $194,700 | $802 | 76.3% |
| Penobscot County | $214,100 | $1,041 | 70.5% |
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).