Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Spruce Head area can be challenging. Home prices in Spruce Head are now at a median cost of $424,960, higher than the Maine average of $243,042.
The average cost of rent is $1,194/mo in Spruce Head, primarily driven by the current value of real estate in the Spruce Head area. While nearly 58.60% of residents own their homes outright in Spruce Head, 10.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spruce Head is $4,353 per month. Households that rent pay about 27.44% of their income on rent here. Spruce Head's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- St. George, ME: less expensive homes
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