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These days, finding an affordable place to live in the Stoneham area can be challenging. Home prices in Stoneham are now at a median cost of $293,649, lower than the Maine average of $330,167.
The average cost of rent is $1,124/mo in Stoneham, primarily driven by the current value of real estate in the Stoneham area. In Stoneham, 6.76% of households rent, and 45.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Stoneham is $5,506 per month. Households that rent pay about 20.41% of their income on rent here. Stoneham’s most expensive areas are in the southeastern 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
- Lynchville, ME: equally priced homes
- North Waterford, ME: equally priced homes
- Hunts Corner, ME: equally priced homes
- Center Lovell, ME: equally priced homes
- Waterford, ME: equally priced homes
- Lovell, ME: equally priced homes
- Stow, ME: equally priced homes
- East Waterford, ME: less expensive homes
- Gilead, ME: less expensive homes
- West Bethel, ME: higher priced homes
Cities with Similar Populations
- Sonora, MS: less expensive homes
- Lawco, OH: less expensive homes
- Leaf Valley, MN: higher priced homes
- Sheffield, TX: less expensive homes
- Sherman, WV: less expensive homes
- Shinrock, OH: less expensive homes
- Shirley Mills, ME: less expensive homes
- Sholes, NE: less expensive homes
- Smithton, AR: less expensive homes
- Solon Mills, IL: higher priced homes
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