Land and home values in Maine
Across Maine's 16 counties, residential land is about $10.90 per sq ft at the state median ($474,804 an acre). The typical home is worth about $323,000 and a 2-bedroom rents for about $1,640 a month. Largest city: Portland; capital: Augusta. Values as of October 12, 2026.
Open on the satellite mapState values
| Land: residential | $10.90 | per sq ft |
| Land: residential | $474,804 | per acre |
| Land: quarter-acre lot | $118,701 | 10,890 sq ft |
| Land: farmland | $3,400 | per acre |
| Home: typical (median) | $323,000 | value |
| Home: entry-level | $221,000 | lower quartile |
| Home: upper-end | $452,000 | upper quartile |
| Build new | $179 | per sq ft, no land |
| Rent: 1-bedroom | $1,300 | per month |
| Rent: 2-bedroom | $1,640 | per month |
| Rent: 3-bedroom | $2,120 | per month |
| Rent: 4-bedroom | $2,370 | per month |
| Gross yield, 2-bed | 6.1% | a year |
Price tiers
| Tier | Tracts | Land $/sq ft | Typical home | Rent 2-bed |
|---|---|---|---|---|
| Top tier | 20 | $40.30 | $792,000 | $2,020 |
| Upper | 51 | $24.50 | $575,000 | $2,120 |
| Mid | 79 | $13.40 | $429,000 | $1,820 |
| Entry | 66 | $10.10 | $336,000 | $1,700 |
| Small town | 17 | $5.94 | $248,000 | $1,380 |
| Rural | 154 | $8.69 | $261,000 | $1,420 |
| Farmland | 20 | $6.93 | $200,000 | $1,320 |
Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.
Every county
| County | Setting | Land $/sq ft | Per acre | Typical home | Rent 2-bed |
|---|---|---|---|---|---|
| Cumberland County | Metro core | $18.10 | $788,436 | $499,000 | $2,180 |
| Lincoln County | Rural | $16.40 | $714,384 | $412,000 | $1,420 |
| York County | Metro core | $15.90 | $692,604 | $447,000 | $1,820 |
| Knox County | Rural | $15.50 | $675,180 | $389,000 | $1,670 |
| Hancock County | Rural | $14.40 | $627,264 | $360,000 | $1,540 |
| Waldo County | Rural | $11.10 | $483,516 | $261,000 | $1,500 |
| Oxford County | Rural | $8.85 | $385,550 | $251,000 | $1,430 |
| Sagadahoc County | Suburban | $7.92 | $344,821 | $374,000 | $1,660 |
| Kennebec County | Small town | $6.82 | $297,036 | $262,000 | $1,450 |
| Franklin County | Rural | $6.40 | $278,915 | $228,000 | $1,250 |
| Piscataquis County | Rural | $5.75 | $250,601 | $179,000 | $1,420 |
| Androscoggin County | Metro core | $5.19 | $226,120 | $290,000 | $1,640 |
| Somerset County | Rural | $4.71 | $205,255 | $197,000 | $1,280 |
| Penobscot County | Metro core | $4.70 | $204,906 | $226,000 | $1,650 |
| Washington County | Rural | $4.13 | $180,121 | $184,000 | $1,340 |
| Aroostook County | Rural | $2.63 | $114,476 | $170,000 | $1,200 |
Questions people ask
How much is land worth in Maine?
Residential land in Maine is about $10.90 per square foot, or $474,804 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $118,701. Smaller lots sell for more per square foot and large tracts for less.
Where is land most expensive in Maine?
The highest county medians for residential land are Cumberland County ($18.10 per sq ft), Lincoln County ($16.40 per sq ft), York County ($15.90 per sq ft), Knox County ($15.50 per sq ft).
Where is land cheapest in Maine?
The lowest county medians are Aroostook County ($2.63 per sq ft), Washington County ($4.13 per sq ft), Penobscot County ($4.70 per sq ft), Somerset County ($4.71 per sq ft); farmland and remote acreage are cheaper still.
What is the typical home value in Maine?
The typical (median) home in Maine is worth about $323,000, with entry-level homes around $221,000 and upper-end homes around $452,000, as of October 2026.
How much is rent in Maine?
A 2-bedroom rents for about $1,640 a month in Maine, a 1-bedroom about $1,300 and a 3-bedroom about $2,120 (gross rent including utilities, HUD Fair Market Rent basis).
How much is farmland per acre in Maine?
Farmland averages about $3,400 an acre in Maine (USDA, including buildings), well below residential land.
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.