Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hancock area can be challenging. Home prices in Hancock are now at a median cost of $218,177, lower than the Maine average of $243,042.
The average cost of rent is $969/mo in Hancock, primarily driven by the current value of real estate in the Hancock area. While nearly 32.43% of residents own their homes outright in Hancock, 14.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hancock is $4,861 per month. Households that rent pay about 19.93% of their income on rent here. Hancock's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Marlboro, ME: equally priced homes
- Lamoine, ME: equally priced homes
- West Franklin, ME: less expensive homes
- Sullivan, ME: less expensive homes
- Sorrento, ME: less expensive homes
- East Franklin, ME: less expensive homes
- Trenton, ME: higher priced homes
- Fletchers Landing, ME: less expensive homes
- Franklin, ME: less expensive homes
- Ellsworth, ME: equally priced homes
Cities with Similar Populations
- Lenhartsville, PA: equally priced homes
- Silver Creek, MN: higher priced homes
- New Sharon, IA: less expensive homes
- Morgan, GA: less expensive homes
- Mentone, IN: less expensive homes
- Maud, TX: less expensive homes
- Martinsville, IL: less expensive homes
- Maple Plain, MN: higher priced homes
- Lone Tree, IA: less expensive homes
- Staffordsville, KY: less expensive homes
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