Market Overview
Home Prices in Caribou, ME
The median home value in Caribou, ME is $170,176 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.4% compared to a year ago and down 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Caribou are priced58% below average.
Over the past five years, Caribou home values have risen by approximately32.2%, reflecting strong long-term appreciation in this market.
Price History
Caribou Home Price Trend
2020
$110,429
$110K
—
2021
$128,683
$129K
+16.5%
2022
$152,153
$152K
+18.2%
2023
$163,284
$163K
+7.3%
2024
$172,879
$173K
+5.9%
2025
$169,464
$169K
-2.0%
2026
$170,176
$170K
+0.4%
City Comparison
Caribou vs. National Median
🏠 Caribou
$170,176
National Median
$410,000
At $170,176, homes in Caribou cost 58% below the national median of $410,000. This makes Caribou a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Caribou?
20% Down Payment
$34,035
on $170,176
Monthly P&I
$888/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,128/mo
incl. taxes & insurance
Income Needed
$45,120
gross annual (30% rule)
10% Down Option
$17,018
+ PMI applies
Loan Amount (20% dn)
$136,141
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 Caribou, ME?
The median home value in Caribou is $170,176 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.4% year-over-year.
How much have home prices changed in Caribou?
Over the past year, home values in Caribou have increased by 0.4%. Over five years, prices have risen approximately 32.2%.
How much do I need to earn to buy a home in Caribou?
To comfortably afford the median home price of $170,176 with a 20% down payment ($34,035) at today's rates (6.8%), you'd need a gross annual income of approximately $45,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Caribou compare to the national average home price?
The national median home value is approximately $410,000. At $170,176, homes in Caribou are 58% below the national average.