Market Overview
Home Prices in Berwick, ME
The median home value in Berwick, ME is $483,263 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.4% compared to a year ago and up 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Berwick are priced18% above average. Berwick is part of the Portland-South Portland, ME metro area.
Over the past five years, Berwick home values have risen by approximately34.8%, reflecting strong long-term appreciation in this market.
Price History
Berwick Home Price Trend
City Comparison
Berwick vs. National Median
At $483,263, homes in Berwick cost 18% above the national median of $410,000. Buyers in Berwick should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Berwick?
20% Down Payment
$96,653
on $483,263
Monthly P&I
$2,520/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,200/mo
incl. taxes & insurance
Income Needed
$128,000
gross annual (30% rule)
10% Down Option
$48,326
+ PMI applies
Loan Amount (20% dn)
$386,610
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Berwick, ME?
The median home value in Berwick is $483,263 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.4% year-over-year.
How much have home prices changed in Berwick?
Over the past year, home values in Berwick have increased by 4.4%. Over five years, prices have risen approximately 34.8%.
How much do I need to earn to buy a home in Berwick?
To comfortably afford the median home price of $483,263 with a 20% down payment ($96,653) at today's rates (6.8%), you'd need a gross annual income of approximately $128,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Berwick compare to the national average home price?
The national median home value is approximately $410,000. At $483,263, homes in Berwick are 18% above the national average.
What metro area is Berwick part of?
Berwick is part of the Portland-South Portland, ME metropolitan area. Home prices and market conditions can vary across the broader metro region.