Market Overview
Home Prices in New Sharon, ME
The median home value in New Sharon, ME is $268,262 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.3% compared to a year ago and up 6.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Sharon are priced35% below average.
Over the past five years, New Sharon home values have risen by approximately32.7%, reflecting strong long-term appreciation in this market.
Price History
New Sharon Home Price Trend
2021
$202,223
$202K
—
2022
$234,067
$234K
+15.7%
2023
$247,713
$248K
+5.8%
2024
$237,942
$238K
-3.9%
2025
$252,341
$252K
+6.1%
2026
$268,262
$268K
+6.3%
City Comparison
New Sharon vs. National Median
🏠 New Sharon
$268,262
National Median
$410,000
At $268,262, homes in New Sharon cost 35% below the national median of $410,000. This makes New Sharon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Sharon?
20% Down Payment
$53,652
on $268,262
Monthly P&I
$1,399/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,777/mo
incl. taxes & insurance
Income Needed
$71,080
gross annual (30% rule)
10% Down Option
$26,826
+ PMI applies
Loan Amount (20% dn)
$214,610
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 New Sharon, ME?
The median home value in New Sharon is $268,262 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.3% year-over-year.
How much have home prices changed in New Sharon?
Over the past year, home values in New Sharon have increased by 6.3%. Over five years, prices have risen approximately 32.7%.
How much do I need to earn to buy a home in New Sharon?
To comfortably afford the median home price of $268,262 with a 20% down payment ($53,652) at today's rates (6.8%), you'd need a gross annual income of approximately $71,080. This assumes keeping total housing costs at or below 30% of gross income.
How does New Sharon compare to the national average home price?
The national median home value is approximately $410,000. At $268,262, homes in New Sharon are 35% below the national average.