Market Overview
Home Prices in Lubec, ME
The median home value in Lubec, ME is $266,707 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.9% compared to a year ago and up 5.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lubec are priced35% below average.
Over the past five years, Lubec home values have risen by approximately25.2%, reflecting strong long-term appreciation in this market.
Price History
Lubec Home Price Trend
2020
$168,901
$169K
—
2021
$213,042
$213K
+26.1%
2022
$259,630
$260K
+21.9%
2023
$262,616
$263K
+1.2%
2024
$251,504
$252K
-4.2%
2025
$264,251
$264K
+5.1%
2026
$266,707
$267K
+0.9%
City Comparison
Lubec vs. National Median
🏠 Lubec
$266,707
National Median
$410,000
At $266,707, homes in Lubec cost 35% below the national median of $410,000. This makes Lubec a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lubec?
20% Down Payment
$53,341
on $266,707
Monthly P&I
$1,391/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,767/mo
incl. taxes & insurance
Income Needed
$70,680
gross annual (30% rule)
10% Down Option
$26,671
+ PMI applies
Loan Amount (20% dn)
$213,366
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 Lubec, ME?
The median home value in Lubec is $266,707 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.9% year-over-year.
How much have home prices changed in Lubec?
Over the past year, home values in Lubec have increased by 0.9%. Over five years, prices have risen approximately 25.2%.
How much do I need to earn to buy a home in Lubec?
To comfortably afford the median home price of $266,707 with a 20% down payment ($53,341) at today's rates (6.8%), you'd need a gross annual income of approximately $70,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Lubec compare to the national average home price?
The national median home value is approximately $410,000. At $266,707, homes in Lubec are 35% below the national average.