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Cape Neddick, ME

Full City Profile · Maine · York County County

3.8 /5.0
B+ Good
2,578 Population 691/sq mi density
$98,113 Median Income $49,645 per capita
$636,100 Home Value $659,023 Zillow
$1,723 Median Rent 46.2% income on rent
47°F Avg Temperature 259 sunny days/yr
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$98,113 median income, 2.5% unemployment
B
Affordability
3.0 / 5.0
$636,100 home value, $1,723/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
52.1% bachelor's degree or higher

Housing Overview

Median Home Value
$636,100
126% above
US avg: $281,900
Median Rent
$1,723/mo
48% above
US avg: $1,163/mo
Homeownership Rate
88.0%
35% above US avg (65.4%)
Total Housing Units
3,650
Median year built: 1976

Home Value by Source

Census Median
$636,100
Zillow (ZHVI)
$659,023
Median Sale Price
$422,000
Median List Price
$924,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.0%
Owner-Occupied
12.0%
Renter-Occupied
88%
12%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,108/mo
1 Bedroom
$1,186/mo
2 Bedroom
$1,497/mo
3 Bedroom
$1,951/mo
4 Bedroom
$2,190/mo
Census median rent: $1,723/mo

Market Indicators (Redfin)

Median Days on Market
84 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
4.8%
of listings with price reduction
Price Per Sq Ft
$472
Active Inventory
21
homes for sale

Affordability & Housing Stock

Rent Burden
46.2%
of renters spending 30%+ of income on housing
49% above US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
88.0%

Complete Housing Data

Home Values

Census Median Value$636,100
Zillow Home Value (ZHVI)$659,023
Median Sale Price$422,000
Median List Price$924,000
Price Per Sq Ft$472

Rent

Census Median Rent$1,723
FMR Studio$1,108
FMR 1-Bedroom$1,186
FMR 2-Bedroom$1,497
FMR 3-Bedroom$1,951
FMR 4-Bedroom$2,190

Market

Days on Market84
Sale-to-List Ratio1.0%
Price Drops4.8%
Homes Sold6
Active Inventory21
Price Per Sq Ft$472

Ownership & Stock

Owner-Occupied88.0%
Renter-Occupied12.0%
Homeownership Rate88.0%
Total Housing Units3,650
Median Year Built1976
Rent Burden46.2%