Market Overview
Home Prices in China Village, ME
The median home value in China Village, ME is $348,697 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and down 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in China Village are priced15% below average. China Village is part of the Augusta-Waterville, ME metro area.
Over the past five years, China Village home values have risen by approximately39.0%, reflecting strong long-term appreciation in this market.
Price History
China Village Home Price Trend
City Comparison
China Village vs. National Median
At $348,697, homes in China Village cost 15% below the national median of $410,000. This makes China Village a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in China Village?
20% Down Payment
$69,739
on $348,697
Monthly P&I
$1,819/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,310/mo
incl. taxes & insurance
Income Needed
$92,400
gross annual (30% rule)
10% Down Option
$34,870
+ PMI applies
Loan Amount (20% dn)
$278,958
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 China Village, ME?
The median home value in China Village is $348,697 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.7% year-over-year.
How much have home prices changed in China Village?
Over the past year, home values in China Village have increased by 3.7%. Over five years, prices have risen approximately 39.0%.
How much do I need to earn to buy a home in China Village?
To comfortably afford the median home price of $348,697 with a 20% down payment ($69,739) at today's rates (6.8%), you'd need a gross annual income of approximately $92,400. This assumes keeping total housing costs at or below 30% of gross income.
How does China Village compare to the national average home price?
The national median home value is approximately $410,000. At $348,697, homes in China Village are 15% below the national average.
What metro area is China Village part of?
China Village is part of the Augusta-Waterville, ME metropolitan area. Home prices and market conditions can vary across the broader metro region.