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These days, finding an affordable place to live in the Caratunk area can be challenging. Home prices in Caratunk are now at a median cost of $189,083, lower than the Maine average of $330,167.
The average cost of rent is $850/mo in Caratunk, primarily driven by the current value of real estate in the Caratunk area. In Caratunk, 8.03% of households rent, and 62.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Caratunk is $4,434 per month. Households that rent pay about 19.17% of their income on rent here. Caratunk’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pleasant Pond, ME: higher priced homes
- New Portland, ME: higher priced homes
- Bingham, ME: less expensive homes
- West Forks, ME: higher priced homes
- Kingfield, ME: higher priced homes
- North Jay, ME: higher priced homes
- North New Portland, ME: equally priced homes
- Solon, ME: higher priced homes
- Hutchins Corner, ME: less expensive homes
- West Athens, ME: equally priced homes
Cities with Similar Populations
- Devotion, NC: equally priced homes
- Elba, IL: less expensive homes
- Ela, NC: higher priced homes
- Shannon, AR: less expensive homes
- Shay, OH: less expensive homes
- Dupont, LA: less expensive homes
- Dupont, FL: higher priced homes
- Summer Lake, OR: higher priced homes
- Dinsmore, CA: higher priced homes
- Shadeland, PA: less expensive homes
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