Market Overview
Home Prices in Newfield, ME
The median home value in Newfield, ME is $408,893 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.6% compared to a year ago and down 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Newfield are priced0% below average. Newfield is part of the Portland-South Portland, ME metro area.
Over the past five years, Newfield home values have risen by approximately23.9%, reflecting strong long-term appreciation in this market.
Price History
Newfield Home Price Trend
City Comparison
Newfield vs. National Median
At $408,893, homes in Newfield cost 0% below the national median of $410,000. This makes Newfield a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Newfield?
20% Down Payment
$81,779
on $408,893
Monthly P&I
$2,133/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,709/mo
incl. taxes & insurance
Income Needed
$108,360
gross annual (30% rule)
10% Down Option
$40,889
+ PMI applies
Loan Amount (20% dn)
$327,114
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 Newfield, ME?
The median home value in Newfield is $408,893 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.6% year-over-year.
How much have home prices changed in Newfield?
Over the past year, home values in Newfield have increased by 2.6%. Over five years, prices have risen approximately 23.9%.
How much do I need to earn to buy a home in Newfield?
To comfortably afford the median home price of $408,893 with a 20% down payment ($81,779) at today's rates (6.8%), you'd need a gross annual income of approximately $108,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Newfield compare to the national average home price?
The national median home value is approximately $410,000. At $408,893, homes in Newfield are 0% below the national average.
What metro area is Newfield part of?
Newfield is part of the Portland-South Portland, ME metropolitan area. Home prices and market conditions can vary across the broader metro region.