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Old Town, ME
Full City Profile · Maine · Hancock County County
3.3
/5.0
B
Good
7,439
Population
192/sq mi density
$49,329
Median Income
$33,812 per capita
$183,200
Home Value
$240,504 Zillow
$1,014
Median Rent
32.1% income on rent
43°F
Avg Temperature
251 sunny days/yr
108
Violent Crime/100K
998 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$49,329 median income, 1.5% unemployment
A+
Affordability
4.6 / 5.0
$183,200 home value, $1,014/mo rent
F
Safety
1.0 / 5.0
108 violent crimes/100K
A
Education
4.1 / 5.0
38.3% bachelor's degree or higher
Housing Overview
Median Home Value
$183,200
35% below
US avg: $281,900
Median Rent
$1,014/mo
13% below
US avg: $1,163/mo
Homeownership Rate
58.5%
11% below US avg (65.4%)
Total Housing Units
3,737
Median year built: 1964
Home Value by Source
Census Median
$183,200
Zillow (ZHVI)
$240,504
Median Sale Price
$144,900
Median List Price
$254,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
58.5%
Owner-Occupied
41.5%
Renter-Occupied
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:
$1,014/mo
· Zillow rent:
$1,573/mo
Market Indicators (Redfin)
Median Days on Market
176 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
5
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$135
Active Inventory
20
homes for sale
Affordability & Housing Stock
Rent Burden
32.1%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
58.5%
Complete Housing Data
Home Values
| Census Median Value | $183,200 |
| Zillow Home Value (ZHVI) | $240,504 |
| Median Sale Price | $144,900 |
| Median List Price | $254,950 |
| Price Per Sq Ft | $135 |
Rent
| Census Median Rent | $1,014 |
| Zillow Rent (ZORI) | $1,573 |
| 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 Market | 176 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 20.0% |
| Homes Sold | 5 |
| Active Inventory | 20 |
| Price Per Sq Ft | $135 |
Ownership & Stock
| Owner-Occupied | 58.5% |
| Renter-Occupied | 41.5% |
| Homeownership Rate | 58.5% |
| Total Housing Units | 3,737 |
| Median Year Built | 1964 |
| Rent Burden | 32.1% |