Market Overview
Home Prices in Exeter, ME
The median home value in Exeter, ME is $230,805 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.7% compared to a year ago and up 2.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Exeter are priced44% below average. Exeter is part of the Bangor, ME metro area.
Over the past five years, Exeter home values have risen by approximately33.5%, reflecting strong long-term appreciation in this market.
Price History
Exeter Home Price Trend
City Comparison
Exeter vs. National Median
At $230,805, homes in Exeter cost 44% below the national median of $410,000. This makes Exeter a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Exeter?
20% Down Payment
$46,161
on $230,805
Monthly P&I
$1,204/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,529/mo
incl. taxes & insurance
Income Needed
$61,160
gross annual (30% rule)
10% Down Option
$23,081
+ PMI applies
Loan Amount (20% dn)
$184,644
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 Exeter, ME?
The median home value in Exeter is $230,805 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.7% year-over-year.
How much have home prices changed in Exeter?
Over the past year, home values in Exeter have increased by 2.7%. Over five years, prices have risen approximately 33.5%.
How much do I need to earn to buy a home in Exeter?
To comfortably afford the median home price of $230,805 with a 20% down payment ($46,161) at today's rates (6.8%), you'd need a gross annual income of approximately $61,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Exeter compare to the national average home price?
The national median home value is approximately $410,000. At $230,805, homes in Exeter are 44% below the national average.
What metro area is Exeter part of?
Exeter is part of the Bangor, ME metropolitan area. Home prices and market conditions can vary across the broader metro region.