Market Overview
Home Prices in Newry, ME
The median home value in Newry, ME is $541,603 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.7% compared to a year ago and up 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Newry are priced32% above average.
Over the past five years, Newry home values have risen by approximately45.3%, reflecting strong long-term appreciation in this market.
Price History
Newry Home Price Trend
2020
$268,182
$268K
—
2021
$372,758
$373K
+39.0%
2022
$478,482
$478K
+28.4%
2023
$490,128
$490K
+2.4%
2024
$538,000
$538K
+9.8%
2025
$545,239
$545K
+1.3%
2026
$541,603
$542K
-0.7%
City Comparison
Newry vs. National Median
🏠 Newry
$541,603
National Median
$410,000
At $541,603, homes in Newry cost 32% above the national median of $410,000. Buyers in Newry should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Newry?
20% Down Payment
$108,321
on $541,603
Monthly P&I
$2,825/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,588/mo
incl. taxes & insurance
Income Needed
$143,520
gross annual (30% rule)
10% Down Option
$54,160
+ PMI applies
Loan Amount (20% dn)
$433,282
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 Newry, ME?
The median home value in Newry is $541,603 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.7% year-over-year.
How much have home prices changed in Newry?
Over the past year, home values in Newry have decreased by 0.7%. Over five years, prices have risen approximately 45.3%.
How much do I need to earn to buy a home in Newry?
To comfortably afford the median home price of $541,603 with a 20% down payment ($108,321) at today's rates (6.8%), you'd need a gross annual income of approximately $143,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Newry compare to the national average home price?
The national median home value is approximately $410,000. At $541,603, homes in Newry are 32% above the national average.