Market Overview
Home Prices in Jay, ME
The median home value in Jay, ME is $222,832 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.2% compared to a year ago and up 4.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Jay are priced46% below average.
Over the past five years, Jay home values have risen by approximately44.8%, reflecting strong long-term appreciation in this market.
Price History
Jay Home Price Trend
2020
$126,131
$126K
—
2021
$153,889
$154K
+22.0%
2022
$183,829
$184K
+19.5%
2023
$193,997
$194K
+5.5%
2024
$209,905
$210K
+8.2%
2025
$220,227
$220K
+4.9%
2026
$222,832
$223K
+1.2%
City Comparison
Jay vs. National Median
🏠 Jay
$222,832
National Median
$410,000
At $222,832, homes in Jay cost 46% below the national median of $410,000. This makes Jay a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Jay?
20% Down Payment
$44,566
on $222,832
Monthly P&I
$1,162/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,476/mo
incl. taxes & insurance
Income Needed
$59,040
gross annual (30% rule)
10% Down Option
$22,283
+ PMI applies
Loan Amount (20% dn)
$178,266
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 Jay, ME?
The median home value in Jay is $222,832 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.2% year-over-year.
How much have home prices changed in Jay?
Over the past year, home values in Jay have increased by 1.2%. Over five years, prices have risen approximately 44.8%.
How much do I need to earn to buy a home in Jay?
To comfortably afford the median home price of $222,832 with a 20% down payment ($44,566) at today's rates (6.8%), you'd need a gross annual income of approximately $59,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Jay compare to the national average home price?
The national median home value is approximately $410,000. At $222,832, homes in Jay are 46% below the national average.