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Bucksport Housing Information

IndexBucksportMaineNational
Median home price$108,700$176,000$184,700
Median rent asked$648$790$949
Avg. people per household1.92.32.6
Owner occupied households58.7%71.5%63.6%
Renter occupied households41.3%28.5%36.4%
The above shows an overview of the real estate market in Bucksport, ME. Note how the median home price for Bucksport, ME runs $108,700, which is 38% lower than the average property price for Maine. So you’re going to get real estate in Bucksport, ME that is on-average more affordable than what you’ll find in the rest of Maine. As for rent, the median for Bucksport, ME runs $648, which is comparatively 18% lower than the average rent for Maine. For Bucksport, ME, about 58.7% of the population consist of home owners with about 1.9 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Bucksport, ME offers a wide variety of real estate. To find your perfect home in Bucksport, ME, filter your choice by price, location, and number of beds and baths using the search area above.

Bucksport Home Affordability

When deciding where to purchase Bucksport, ME real estate, home affordability is one of the top deciding factors. One way that you can calculate the affordability of your next home is to use this formula: median home price to median household income ratio. In Bucksport, ME the median home price is $108,700 and $23,865 is the median household income. As a result, the home price to income ratio in Bucksport, ME is 4.6x, which is 32% higher than the Maine average. In order to determine the home affordability ratio, you would divide the median home price by the median home income. If you find that in Bucksport, ME the home price to income ratio is lower than average, that means that in general, housing is more affordable. While there more than just one factor in deciding home affordability, you can use the home affordability calculator below as an additional tool when deciding how much you can and should pay for real estate in Bucksport, ME.

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Bangor, ME32,491$148,60020%
Brewer, ME9,284$160,80013%
Searsport, ME925$169,6008%
Winterport, ME1,211$174,0006%
Hampden, ME3,727$181,9002%
Bucksport, ME2,564$108,70041%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Ravenel, SC2,564$139,80024%
Isle of Hope, GA2,564$313,10070%
Clinton, AR2,565$104,40043%
Piermont, NY2,565$619,900236%
Lake Wazeecha, WI2,565$133,60028%
Bucksport, ME2,564$108,70041%

Source: The Bucksport, ME housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).
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