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These days, finding an affordable place to live in the Springvale area can be challenging. Home prices in Springvale are now at a median cost of $292,346, lower than the Maine average of $330,167.
The average cost of rent is $1,289/mo in Springvale, primarily driven by the current value of real estate in the Springvale area. In Springvale, 22.14% of households rent, and 24.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Springvale is $7,205 per month. Households that rent pay about 17.89% of their income on rent here. Springvale’s most expensive areas are in the southwestern 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
- Sanford, ME: equally priced homes
- North Alfred, ME: higher priced homes
- Emery Mills, ME: higher priced homes
- North Lebanon, ME: higher priced homes
- East Lebanon, ME: higher priced homes
- South Sanford, ME: equally priced homes
- Shapleigh, ME: higher priced homes
- Alfred Mills, ME: higher priced homes
- Alfred, ME: higher priced homes
- Waterboro, ME: equally priced homes
Cities with Similar Populations
- Clinton, PA: less expensive homes
- Vonore, TN: higher priced homes
- Waban, MA: higher priced homes
- Wahoo, NE: less expensive homes
- Warm Mineral Springs, FL: less expensive homes
- Warsaw, NC: less expensive homes
- Creston, OH: less expensive homes
- Country Lake Estates, NJ: less expensive homes
- Coudersport, PA: less expensive homes
- Comer, GA: less expensive homes
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