Market Overview
Home Prices in Friendship, ME
The median home value in Friendship, ME is $390,706 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.3% compared to a year ago and down 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Friendship are priced5% below average.
Over the past five years, Friendship home values have risen by approximately23.8%, reflecting strong long-term appreciation in this market.
Price History
Friendship Home Price Trend
2020
$252,858
$253K
—
2021
$315,482
$315K
+24.8%
2022
$398,401
$398K
+26.3%
2023
$395,999
$396K
-0.6%
2024
$412,988
$413K
+4.3%
2025
$404,161
$404K
-2.1%
2026
$390,706
$391K
-3.3%
City Comparison
Friendship vs. National Median
🏠 Friendship
$390,706
National Median
$410,000
At $390,706, homes in Friendship cost 5% below the national median of $410,000. This makes Friendship a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Friendship?
20% Down Payment
$78,141
on $390,706
Monthly P&I
$2,038/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,588/mo
incl. taxes & insurance
Income Needed
$103,520
gross annual (30% rule)
10% Down Option
$39,071
+ PMI applies
Loan Amount (20% dn)
$312,565
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 Friendship, ME?
The median home value in Friendship is $390,706 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.3% year-over-year.
How much have home prices changed in Friendship?
Over the past year, home values in Friendship have decreased by 3.3%. Over five years, prices have risen approximately 23.8%.
How much do I need to earn to buy a home in Friendship?
To comfortably afford the median home price of $390,706 with a 20% down payment ($78,141) at today's rates (6.8%), you'd need a gross annual income of approximately $103,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Friendship compare to the national average home price?
The national median home value is approximately $410,000. At $390,706, homes in Friendship are 5% below the national average.