Housing costs out of reach of many Mainers

Authors

Peter Van Allen

Source

Mainebiz

Date

4-15-2024

Pages

10

Abstract

A report from Bankrate says a homebuyer in Maine needs to earn at least $102,557 a year to afford a house valued at the state's median sales price, up from $220,900 in January 2020.
The median home price in Maine in February 2024 has been $354,000.

Recommended Citation

Van Allen, Peter, "Housing costs out of reach of many Mainers" (2024). Maine News Index – MaineBiz. 8286.
https://digitalcommons.portlandlibrary.com/news_mainebiz/8286