What is the median home value in Farmingdale, ME?
The median value of owner-occupied homes in Farmingdale, ME is $249,700 (±$46,359), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Farmingdale, the median home value went from $159,600 in 2015–2019 to $249,700 in 2020–2024 (+56.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $249,700 (±$46,359)
- Owner-occupied homes
- 944 (±184)
- Most common range
- $300,000 to $499,999
Home values in Farmingdale
| Value | Farmingdale | Kennebec County | Maine | United States |
|---|---|---|---|---|
| Less than $50,000 | 14.9% (±12.1 points) | 6.4% | 5.6% | 5.3% |
| $50,000 to $99,999 | 0.0% (±2.9 points) | 6.4% | 6.7% | 6.1% |
| $100,000 to $149,999 | 5.3% (±4.3 points) | 10.0% | 7.6% | 6.8% |
| $150,000 to $199,999 | 13.8% (±10.2 points) | 15.4% | 10.1% | 9.0% |
| $200,000 to $299,999 | 27.1% (±9.3 points) | 27.4% | 20.6% | 17.8% |
| $300,000 to $499,999 | 30.7% (±10.0 points) | 25.0% | 29.5% | 26.9% |
| $500,000 to $999,999 | 8.2% (±5.6 points) | 7.9% | 16.5% | 20.9% |
| $1,000,000 or more | 0.0% (±2.9 points) | 1.5% | 3.3% | 7.1% |
The most common range is $300,000 to $499,999, 30.7% 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.
Farmingdale against Kennebec County, its state and the nation
| Farmingdale | Kennebec County | Maine | United States | |
|---|---|---|---|---|
| Median home value | $249,700 (±$46,359) | $238,200 (±$5,239) | $296,600 (±$2,876) | $332,700 |
| Owner-occupied homes | 944 (±184) | 40,006 (±958) | 443,573 (±3,445) | 84,210,142 |
In Farmingdale, the median home value is not measurably different from Kennebec County ($238,200).
It is also lower than in Maine ($296,600).
It is lower than the national figure ($332,700).
In Kennebec County, Farmingdale ranks 14 of 29 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 194 of 472.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Farmingdale have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $159,600 (±$18,033) | $249,700 (±$46,359) | +56.5% | Up after inflation |
| Median owner cost with a mortgage | $1,265 (±$271) | $1,814 (±$482) | +43.4% | No measurable change after inflation |
| Median real estate taxes | $2,224 (±$324) | $2,574 (±$270) | +15.7% | 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 Farmingdale
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Farmingdale | — | $249,700 (±$46,359) | — |
| Hallowell | 1.9 mi | $295,300 (±$45,181) | Not measurably different |
| West Gardiner | 3.4 mi | $305,100 (±$41,885) | Not measurably different |
| Randolph (community) | 4.1 mi | $174,300 (±$20,884) | Lower |
| Randolph | 4.1 mi | $174,300 (±$20,884) | Lower |
| Gardiner | 4.8 mi | $221,600 (±$19,237) | Not measurably different |
| Chelsea | 4.8 mi | $182,300 (±$36,888) | Lower |
| Manchester | 5.9 mi | $299,600 (±$39,937) | Not measurably different |
| Augusta | 6.9 mi | $201,000 (±$17,689) | Not measurably different |
Nearby places with a measurably lower figure: Randolph (community), ME ($174,300), Randolph, ME ($174,300), Chelsea, ME ($182,300).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Kennebec County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 8 | Hallowell | $295,300 (±$45,181) |
| 9 | Winthrop | $294,800 (±$41,097) |
| 10 | Vienna | $276,400 (±$62,017) |
| 11 | Monmouth | $274,100 (±$21,353) |
| 12 | Mount Vernon | $264,200 (±$23,349) |
| 13 | Fayette | $257,600 (±$48,414) |
| 14 | Farmingdale | $249,700 (±$46,359) |
| 15 | Vassalboro | $244,300 (±$21,834) |
| 16 | Litchfield | $243,900 (±$25,788) |
| 17 | China | $240,000 (±$36,688) |
| 18 | Pittston | $238,700 (±$65,811) |
| 19 | Oakland | $236,000 (±$23,359) |
| 20 | Albion | $230,900 (±$30,865) |
Showing 13 of 29 places in Kennebec County, ranked from highest to lowest.
The figures for Farmingdale include the places inside it that have pages of their own: Farmingdale (community).
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 Farmingdale
What is the average home value in Farmingdale, ME?
The Census Bureau publishes the median: $249,700 (±$46,359) for owner-occupied homes in Farmingdale (2020–2024 American Community Survey).
Have home values in Farmingdale gone up?
In Farmingdale, the median home value went from $159,600 in 2015–2019 to $249,700 in 2020–2024 (+56.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Farmingdale 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 — Farmingdale town, Kennebec County, Maine
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Farmingdale town, Kennebec County, Maine
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Farmingdale town, Kennebec County, Maine
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Farmingdale town, Kennebec 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 Farmingdale town, Kennebec County, Maine (county subdivision:24670, in state:23 county:011).
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 Farmingdale at a glance
- Median rent in Farmingdale
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- Rent burden in Farmingdale
- Renters and owners in Farmingdale
- Income and affordability in Farmingdale
- Homeowner costs in Farmingdale
- Property taxes in Farmingdale
- Types of homes in Farmingdale
- Bedrooms in Farmingdale
- Age of homes in Farmingdale
- Heating fuel in Farmingdale
- Commute and cars in Farmingdale
- Population growth in Farmingdale
- How long people stay in Farmingdale
- Maine landlord and tenant rules
- Housing across Kennebec County
- Maine places ranked by median home value
- Housing data for every place in Maine