Maine Mortgage Rates & Home Prices (2026)
Median price: $365,000 · Avg. rate: 6.86%
Maine Market Overview
$365,000
Median Home Price
6.86%
Avg. 30-Yr Rate
1.24%
Property Tax Rate
73.5%
Homeownership Rate
Maine's housing market has heated up since the pandemic as remote workers moved to the state. Portland and southern Maine command premium prices while northern regions remain affordable. MaineHousing offers fixed-rate mortgages and DPA grants.
Estimated Monthly Payment
Median home in Maine (20% down, 30-yr fixed)
$2,445/mo
Principal & Interest$1,915
Property Taxes$377
Home Insurance (est.)$152
Total Monthly (PITI)$2,445
Based on a $365,000 home with 20% down ($292,000 loan) at 6.86%. Does not include PMI, HOA, or other fees.
First-Time Buyer Programs in Maine
- MaineHousing First Home Loan
- Advantage DPA
- Salute ME Program
Contact your state's Housing Finance Agency for current program availability and requirements.
Rate Comparison: ME Rates
30-Year Fixed6.86%
15-Year Fixed6.09%
5/1 ARM (est.)6.11%
FHA 30-Year6.71%
VA 30-Year6.61%
Rates are estimates based on state averages and may vary by lender and borrower qualifications.
Frequently Asked Questions
Key Stats: ME
FHA Loan Limit$472,030
Median Income$64,767
Cost Index1.05x