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Affordable
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These days, finding an affordable place to live in the Spears Corner area can be challenging. Home prices in Spears Corner are now at a median cost of $283,262, lower than the Maine average of $330,167.
The average cost of rent is $1,092/mo in Spears Corner, primarily driven by the current value of real estate in the Spears Corner area. In Spears Corner, 10.04% of households rent, and 42.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spears Corner is $6,847 per month. Households that rent pay about 15.95% of their income on rent here. Spears Corner’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Libby Hill, ME: equally priced homes
- Litchfield, ME: less expensive homes
- Gardiner, ME: less expensive homes
- Farmingdale, ME: equally priced homes
- Monmouth, ME: higher priced homes
- Litchfield Plains, ME: less expensive homes
- Hallowell, ME: higher priced homes
- South Monmouth, ME: less expensive homes
- Randolph, ME: less expensive homes
- Winthrop, ME: equally priced homes
Cities with Similar Populations
- Quasqueton, IA: less expensive homes
- Akiachak, AK: less expensive homes
- Livingston, IL: less expensive homes
- Longport, NJ: higher priced homes
- Loyalhanna, PA: less expensive homes
- Lyons Falls, NY: less expensive homes
- Lyons, IN: less expensive homes
- Midway, IN: higher priced homes
- Palo Alto, PA: less expensive homes
- Phenix, VA: less expensive homes
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