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Little Falls, ME

Full City Profile · Maine · Cumberland County County

3.4 /5.0
B Good
735 Population 639/sq mi density
$129,911 Median Income $87,033 per capita
$358,700 Home Value $523,850 Zillow
$2,196 Median Rent 19.0% income on rent
46°F Avg Temperature 246 sunny days/yr
59 Violent Crime/100K 1,179 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$129,911 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$358,700 home value, $2,196/mo rent
F
Safety
1.0 / 5.0
59 violent crimes/100K
C+
Education
2.6 / 5.0
19.8% bachelor's degree or higher

Housing Overview

Median Home Value
$358,700
27% above
US avg: $281,900
Median Rent
$2,196/mo
89% above
US avg: $1,163/mo
Homeownership Rate
69.5%
6% above US avg (65.4%)
Total Housing Units
315
Median year built: 1977

Home Value by Source

Census Median
$358,700
Zillow (ZHVI)
$523,850
Median Sale Price
$535,000
Median List Price
$299,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.5%
Owner-Occupied
30.5%
Renter-Occupied
70%
31%
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: $2,196/mo

Market Indicators (Redfin)

Median Days on Market
26 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$299
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
19.0%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
69.5%

Complete Housing Data

Home Values

Census Median Value$358,700
Zillow Home Value (ZHVI)$523,850
Median Sale Price$535,000
Median List Price$299,900
Price Per Sq Ft$299

Rent

Census Median Rent$2,196
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 Market26
Sale-to-List Ratio1.0%
Price Drops100.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$299

Ownership & Stock

Owner-Occupied69.5%
Renter-Occupied30.5%
Homeownership Rate69.5%
Total Housing Units315
Median Year Built1977
Rent Burden19.0%