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These days, finding an affordable place to live in the New Sweden area can be challenging. Home prices in New Sweden are now at a median cost of $166,474, lower than the Maine average of $330,167.
The average cost of rent is $745/mo in New Sweden, primarily driven by the current value of real estate in the New Sweden area. In New Sweden, 10.14% of households rent, and 57.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Sweden is $5,081 per month. Households that rent pay about 14.66% of their income on rent here. New Sweden’s most expensive areas are in the central 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
- Sweden, ME: equally priced homes
- Colby, ME: less expensive homes
- North Lyndon, ME: equally priced homes
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- Jemtland, ME: equally priced homes
- Caribou, ME: less expensive homes
- North Wade, ME: less expensive homes
- Perham, ME: less expensive homes
- Loring Air Force Base, ME: less expensive homes
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Cities with Similar Populations
- Chestnut, IL: less expensive homes
- Weathersby, MS: less expensive homes
- Wayne Center, IN: higher priced homes
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- Coconut, FL: higher priced homes
- Coalburg, WV: less expensive homes
- Coal Run, OH: higher priced homes
- Clintonville, WV: higher priced homes
- Climax, NY: higher priced homes
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