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Affordable
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These days, finding an affordable place to live in the Litchfield area can be challenging. Home prices in Litchfield are now at a median cost of $253,274, lower than the Maine average of $330,167.
The average cost of rent is $1,172/mo in Litchfield, primarily driven by the current value of real estate in the Litchfield area. In Litchfield, 2.93% of households rent, and 42.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Litchfield is $7,243 per month. Households that rent pay about 16.19% of their income on rent here. Litchfield’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Monmouth, ME: equally priced homes
- Litchfield Plains, ME: equally priced homes
- Litchfield Corners, ME: equally priced homes
- Spears Corner, ME: higher priced homes
- Monmouth, ME: higher priced homes
- Richmond Corner, ME: higher priced homes
- Wales Corner, ME: equally priced homes
- Libby Hill, ME: equally priced homes
- Bowdoin, ME: equally priced homes
- Sabattus, ME: less expensive homes
Cities with Similar Populations
- Anchor Point, AK: equally priced homes
- North Rock Springs, WY: higher priced homes
- Orchard Lake Village, MI: higher priced homes
- Osyka, MS: less expensive homes
- Pine Mountain Club, CA: higher priced homes
- Port Edwards, WI: less expensive homes
- Roberta, GA: less expensive homes
- Taft, TN: equally priced homes
- Varnell, GA: equally priced homes
- Williams, OR: higher priced homes
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