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Steep Falls, ME
Full City Profile · Maine · Cumberland County County
2.8
/5.0
C+
Fair
1,720
Population
171/sq mi density
$68,125
Median Income
$24,174 per capita
$241,000
Home Value
$441,814 Zillow
$974
Median Rent
51.0% income on rent
46°F
Avg Temperature
246 sunny days/yr
59
Violent Crime/100K
1,179 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$68,125 median income, 0.0% unemployment
A+
Affordability
4.7 / 5.0
$241,000 home value, $974/mo rent
F
Safety
1.0 / 5.0
59 violent crimes/100K
D
Education
1.6 / 5.0
7.4% bachelor's degree or higher
Housing Overview
Median Home Value
$241,000
15% below
US avg: $281,900
Median Rent
$974/mo
16% below
US avg: $1,163/mo
Homeownership Rate
79.8%
22% above US avg (65.4%)
Total Housing Units
669
Median year built: 1974
Home Value by Source
Census Median
$241,000
Zillow (ZHVI)
$441,814
Median Sale Price
$368,400
Median List Price
$345,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.8%
Owner-Occupied
20.2%
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:
$974/mo
Market Indicators (Redfin)
Median Days on Market
102 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$271
Active Inventory
6
homes for sale
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
79.8%
Complete Housing Data
Home Values
| Census Median Value | $241,000 |
| Zillow Home Value (ZHVI) | $441,814 |
| Median Sale Price | $368,400 |
| Median List Price | $345,000 |
| Price Per Sq Ft | $271 |
Rent
| Census Median Rent | $974 |
| 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 | 102 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 33.3% |
| Homes Sold | 3 |
| Active Inventory | 6 |
| Price Per Sq Ft | $271 |
Ownership & Stock
| Owner-Occupied | 79.8% |
| Renter-Occupied | 20.2% |
| Homeownership Rate | 79.8% |
| Total Housing Units | 669 |
| Median Year Built | 1974 |
| Rent Burden | 51.0% |