Market Overview
Home Prices in Ogunquit, ME
The median home value in Ogunquit, ME is $941,170 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.4% compared to a year ago and down 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ogunquit are priced130% above average. Ogunquit is part of the Portland-South Portland, ME metro area.
Over the past five years, Ogunquit home values have risen by approximately34.3%, reflecting strong long-term appreciation in this market.
Price History
Ogunquit Home Price Trend
City Comparison
Ogunquit vs. National Median
At $941,170, homes in Ogunquit cost 130% above the national median of $410,000. Buyers in Ogunquit should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Ogunquit?
20% Down Payment
$188,234
on $941,170
Monthly P&I
$4,909/mo
30-yr @ 6.8%
Total Monthly Est.
~$6,234/mo
incl. taxes & insurance
Income Needed
$249,360
gross annual (30% rule)
10% Down Option
$94,117
+ PMI applies
Loan Amount (20% dn)
$752,936
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 Ogunquit, ME?
The median home value in Ogunquit is $941,170 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.4% year-over-year.
How much have home prices changed in Ogunquit?
Over the past year, home values in Ogunquit have increased by 1.4%. Over five years, prices have risen approximately 34.3%.
How much do I need to earn to buy a home in Ogunquit?
To comfortably afford the median home price of $941,170 with a 20% down payment ($188,234) at today's rates (6.8%), you'd need a gross annual income of approximately $249,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Ogunquit compare to the national average home price?
The national median home value is approximately $410,000. At $941,170, homes in Ogunquit are 130% above the national average.
What metro area is Ogunquit part of?
Ogunquit is part of the Portland-South Portland, ME metropolitan area. Home prices and market conditions can vary across the broader metro region.