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Affordable
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These days, finding an affordable place to live in the Phippsburg area can be challenging. Home prices in Phippsburg are now at a median cost of $334,763, higher than the Maine average of $330,167.
The average cost of rent is $997/mo in Phippsburg, primarily driven by the current value of real estate in the Phippsburg area. In Phippsburg, 18.15% of households rent, and 42.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Phippsburg is $8,422 per month. Households that rent pay about 11.84% of their income on rent here. Phippsburg’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sebasco Estates, ME: equally priced homes
- West Georgetown, ME: higher priced homes
- Marrtown, ME: higher priced homes
- Georgetown, ME: higher priced homes
- North Harpswell, ME: higher priced homes
- Five Islands, ME: higher priced homes
- Harpswell, ME: higher priced homes
- West Bath, ME: higher priced homes
- Bath, ME: equally priced homes
- Brunswick Naval Air Station, ME: equally priced homes
Cities with Similar Populations
- Summerville, PA: less expensive homes
- Faulconer, KY: less expensive homes
- Freeman, SD: less expensive homes
- Friendship, TN: less expensive homes
- Gibson, FL: less expensive homes
- Gilbertown, AL: less expensive homes
- Grand Ronde, OR: less expensive homes
- South Hero, VT: higher priced homes
- South Middleboro, MA: higher priced homes
- South Weare, NH: higher priced homes
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