The Most Affordable Neighborhoods in Great Pond, ME by Home Value

 

Great Pond, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Great Pond area can be challenging. Home prices in Great Pond are now at a median cost of $229,359, lower than the Maine average of $330,167.

The average cost of rent is $817/mo in Great Pond, primarily driven by the current value of real estate in the Great Pond area. In Great Pond, 10.53% of households rent, and 51.06% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Great Pond is $5,843 per month. Households that rent pay about 13.99% of their income on rent here. Great Pond’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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