Market Overview
Home Prices in Limerick, ME
The median home value in Limerick, ME is $419,386 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Limerick are priced2% above average. Limerick is part of the Portland-South Portland, ME metro area.
Over the past five years, Limerick home values have risen by approximately33.0%, reflecting strong long-term appreciation in this market.
Price History
Limerick Home Price Trend
City Comparison
Limerick vs. National Median
At $419,386, homes in Limerick cost 2% above the national median of $410,000. Buyers in Limerick should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Limerick?
20% Down Payment
$83,877
on $419,386
Monthly P&I
$2,187/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,777/mo
incl. taxes & insurance
Income Needed
$111,080
gross annual (30% rule)
10% Down Option
$41,939
+ PMI applies
Loan Amount (20% dn)
$335,509
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 Limerick, ME?
The median home value in Limerick is $419,386 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.6% year-over-year.
How much have home prices changed in Limerick?
Over the past year, home values in Limerick have increased by 3.6%. Over five years, prices have risen approximately 33.0%.
How much do I need to earn to buy a home in Limerick?
To comfortably afford the median home price of $419,386 with a 20% down payment ($83,877) at today's rates (6.8%), you'd need a gross annual income of approximately $111,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Limerick compare to the national average home price?
The national median home value is approximately $410,000. At $419,386, homes in Limerick are 2% above the national average.
What metro area is Limerick part of?
Limerick is part of the Portland-South Portland, ME metropolitan area. Home prices and market conditions can vary across the broader metro region.