What is the median home value in Carrabassett Valley, ME?
The median value of owner-occupied homes in Carrabassett Valley, ME is $343,600 (±$49,120), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Carrabassett Valley, the median home value went from $254,700 in 2015–2019 to $343,600 in 2020–2024 (+34.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $343,600 (±$49,120)
- Owner-occupied homes
- 342 (±107)
- Most common range
- $300,000 to $499,999
Home values in Carrabassett Valley
| Value | Carrabassett Valley | Franklin County | Maine | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.9% (±1.8 points) | 9.3% | 5.6% | 5.3% |
| $50,000 to $99,999 | 2.6% (±2.4 points) | 12.6% | 6.7% | 6.1% |
| $100,000 to $149,999 | 0.9% (±1.3 points) | 13.5% | 7.6% | 6.8% |
| $150,000 to $199,999 | 2.9% (±2.6 points) | 15.9% | 10.1% | 9.0% |
| $200,000 to $299,999 | 30.7% (±17.1 points) | 22.6% | 20.6% | 17.8% |
| $300,000 to $499,999 | 35.1% (±16.9 points) | 19.2% | 29.5% | 26.9% |
| $500,000 to $999,999 | 24.6% (±11.0 points) | 6.5% | 16.5% | 20.9% |
| $1,000,000 or more | 2.3% (±2.3 points) | 0.4% | 3.3% | 7.1% |
The most common range is $300,000 to $499,999, 35.1% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Carrabassett Valley against Franklin County, its state and the nation
| Carrabassett Valley | Franklin County | Maine | United States | |
|---|---|---|---|---|
| Median home value | $343,600 (±$49,120) | $194,700 (±$10,909) | $296,600 (±$2,876) | $332,700 |
| Owner-occupied homes | 342 (±107) | 9,666 (±411) | 443,573 (±3,445) | 84,210,142 |
In Carrabassett Valley, the median home value is higher than in Franklin County ($194,700).
It is not measurably different from Maine ($296,600).
It is not measurably different from the national figure ($332,700).
In Franklin County, Carrabassett Valley ranks 3 of 19 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 88 of 472.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Carrabassett Valley have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $254,700 (±$16,896) | $343,600 (±$49,120) | +34.9% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,158 (±$75) | $1,766 (±$270) | +52.5% | Up after inflation |
| Median real estate taxes | $1,284 (±$81) | $1,618 (±$255) | +26.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Carrabassett Valley
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Carrabassett Valley | — | $343,600 (±$49,120) | — |
| Kingfield | 7.2 mi | $194,300 (±$41,159) | Lower |
| Highland Plantation | 8.6 mi | $99,600 (±$86,746) | Lower |
| Coplin Plantation | 9.8 mi | $321,900 (±$78,776) | Not measurably different |
| Eustis | 14 mi | $262,200 (±$50,929) | Lower |
| Pleasant Ridge Plantation | 15 mi | $225,000 (±$65,893) | Lower |
| New Portland | 15 mi | $176,000 (±$34,925) | Lower |
| Phillips | 16 mi | $190,800 (±$17,724) | Lower |
| Sandy River Plantation | 17 mi | $403,600 (±$89,362) | Not measurably different |
Nearby places with a measurably lower figure: Kingfield, ME ($194,300), Highland Plantation, ME ($99,600), Eustis, ME ($262,200).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Franklin County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Rangeley | $424,700 (±$47,341) |
| 2 | Sandy River Plantation | $403,600 (±$89,362) |
| 3 | Carrabassett Valley | $343,600 (±$49,120) |
| 4 | Coplin Plantation | $321,900 (±$78,776) |
| 5 | Weld | $268,600 (±$17,387) |
| 6 | Eustis | $262,200 (±$50,929) |
| 7 | Chesterville | $214,000 (±$40,266) |
| 8 | Temple | $210,200 (±$78,642) |
| 9 | Industry | $205,600 (±$30,687) |
Showing 9 of 19 places in Franklin County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Carrabassett Valley
What is the average home value in Carrabassett Valley, ME?
The Census Bureau publishes the median: $343,600 (±$49,120) for owner-occupied homes in Carrabassett Valley (2020–2024 American Community Survey).
Have home values in Carrabassett Valley gone up?
In Carrabassett Valley, the median home value went from $254,700 in 2015–2019 to $343,600 in 2020–2024 (+34.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Carrabassett Valley sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Carrabassett Valley town, Franklin County, Maine
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Carrabassett Valley town, Franklin County, Maine
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Carrabassett Valley town, Franklin County, Maine
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Carrabassett Valley town, Franklin County, Maine
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Carrabassett Valley town, Franklin County, Maine (county subdivision:10740, in state:23 county:007).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Carrabassett Valley at a glance
- Homeowner costs in Carrabassett Valley
- Property taxes in Carrabassett Valley
- Types of homes in Carrabassett Valley
- Bedrooms in Carrabassett Valley
- Age of homes in Carrabassett Valley
- Heating fuel in Carrabassett Valley
- Commute and cars in Carrabassett Valley
- How long people stay in Carrabassett Valley
- Maine landlord and tenant rules
- Housing across Franklin County
- Maine places ranked by median home value
- Housing data for every place in Maine