Market Overview
Home Prices in Farmingdale, ME
The median home value in Farmingdale, ME is $332,436 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.1% compared to a year ago and up 3.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Farmingdale are priced19% below average. Farmingdale is part of the Augusta-Waterville, ME metro area.
Over the past five years, Farmingdale home values have risen by approximately38.7%, reflecting strong long-term appreciation in this market.
Price History
Farmingdale Home Price Trend
City Comparison
Farmingdale vs. National Median
At $332,436, homes in Farmingdale cost 19% below the national median of $410,000. This makes Farmingdale a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Farmingdale?
20% Down Payment
$66,487
on $332,436
Monthly P&I
$1,734/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,202/mo
incl. taxes & insurance
Income Needed
$88,080
gross annual (30% rule)
10% Down Option
$33,244
+ PMI applies
Loan Amount (20% dn)
$265,949
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 Farmingdale, ME?
The median home value in Farmingdale is $332,436 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.1% year-over-year.
How much have home prices changed in Farmingdale?
Over the past year, home values in Farmingdale have decreased by 2.1%. Over five years, prices have risen approximately 38.7%.
How much do I need to earn to buy a home in Farmingdale?
To comfortably afford the median home price of $332,436 with a 20% down payment ($66,487) at today's rates (6.8%), you'd need a gross annual income of approximately $88,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Farmingdale compare to the national average home price?
The national median home value is approximately $410,000. At $332,436, homes in Farmingdale are 19% below the national average.
What metro area is Farmingdale part of?
Farmingdale is part of the Augusta-Waterville, ME metropolitan area. Home prices and market conditions can vary across the broader metro region.