Market Overview
Home Prices in Bowdoinham, ME
The median home value in Bowdoinham, ME is $397,712 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and up 2.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bowdoinham are priced3% below average. Bowdoinham is part of the Portland-South Portland, ME metro area.
Over the past five years, Bowdoinham home values have risen by approximately37.5%, reflecting strong long-term appreciation in this market.
Price History
Bowdoinham Home Price Trend
City Comparison
Bowdoinham vs. National Median
At $397,712, homes in Bowdoinham cost 3% below the national median of $410,000. This makes Bowdoinham a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bowdoinham?
20% Down Payment
$79,542
on $397,712
Monthly P&I
$2,074/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,634/mo
incl. taxes & insurance
Income Needed
$105,360
gross annual (30% rule)
10% Down Option
$39,771
+ PMI applies
Loan Amount (20% dn)
$318,170
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 Bowdoinham, ME?
The median home value in Bowdoinham is $397,712 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.1% year-over-year.
How much have home prices changed in Bowdoinham?
Over the past year, home values in Bowdoinham have increased by 2.1%. Over five years, prices have risen approximately 37.5%.
How much do I need to earn to buy a home in Bowdoinham?
To comfortably afford the median home price of $397,712 with a 20% down payment ($79,542) at today's rates (6.8%), you'd need a gross annual income of approximately $105,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Bowdoinham compare to the national average home price?
The national median home value is approximately $410,000. At $397,712, homes in Bowdoinham are 3% below the national average.
What metro area is Bowdoinham part of?
Bowdoinham is part of the Portland-South Portland, ME metropolitan area. Home prices and market conditions can vary across the broader metro region.