Waterville was named the most affordable housing market in Maine and Kennebunk the most expensive in a report issued Wednesday by Coldwell Banker Real Estate LLC.
The group released its 2015 Home Listing Report ranking the affordability of 21 real estate markets in Maine. For a four-bedroom, two-bathroom house, the average listing price was $133,481 in Waterville and $517,315 in the Kennebunk/Kennebunkport market.
Lewiston was the third most affordable market in the ranking; Auburn was ninth.
Coldwell Banker calls its annual report “the most extensive home price comparison tool currently available in the United States, ranking the average listing price of four-bedroom, two bathroom homes in more than 2,700 markets.”
The following charts rank the top 10 most expensive and most affordable housing markets in Maine, according to Coldwell Banker.
The most expensive markets in Maine; Average listing price of a four-bedroom, two-bath house
• 1. Kennebunk/Kennebunkport: $517,315
• 2. York: $471,695
• 3. Wells: $436,653
• 4. Portland/S.Portland/Falmouth: $396,591
• 5. Gorham: $299,542
• 6. Berwick/N. Berwick/S.Berwick: $285,881
• 7. Brunswick: $266,391
• 8. Hampden: $235,425
• 9. Oakland: $231,878
• 10. Orono: $231,852
The most affordable markets in Maine; Average listing price of a four-bedroom, two-bath house
• 1. Waterville: $133,481
• 2. Augusta: $139,552
• 3. Lewiston: $162,272
• 4. Gardiner/W.Gardiner/Randolph : $172,813
• 5. Sanford: $177,382
• 6. Bangor: $183,441
• 7. Hermon: $194,980
• 8. Winslow: $203,087
• 9. Auburn: $208,303
• 10. Brewer: $214,292
Full data for Maine, including affordability rankings of its local markets, is available on the Coldwell Banker Home Listing Report website.
Send questions/comments to the editors.
