Market Overview
Home Prices in Old Orchard Beach, ME
The median home value in Old Orchard Beach, ME is $517,558 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.6% compared to a year ago and up 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Old Orchard Beach are priced26% above average. Old Orchard Beach is part of the Portland-South Portland, ME metro area.
Over the past five years, Old Orchard Beach home values have risen by approximately37.7%, reflecting strong long-term appreciation in this market.
Price History
Old Orchard Beach Home Price Trend
City Comparison
Old Orchard Beach vs. National Median
At $517,558, homes in Old Orchard Beach cost 26% above the national median of $410,000. Buyers in Old Orchard Beach should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Old Orchard Beach?
20% Down Payment
$103,512
on $517,558
Monthly P&I
$2,699/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,428/mo
incl. taxes & insurance
Income Needed
$137,120
gross annual (30% rule)
10% Down Option
$51,756
+ PMI applies
Loan Amount (20% dn)
$414,046
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 Old Orchard Beach, ME?
The median home value in Old Orchard Beach is $517,558 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.6% year-over-year.
How much have home prices changed in Old Orchard Beach?
Over the past year, home values in Old Orchard Beach have increased by 1.6%. Over five years, prices have risen approximately 37.7%.
How much do I need to earn to buy a home in Old Orchard Beach?
To comfortably afford the median home price of $517,558 with a 20% down payment ($103,512) at today's rates (6.8%), you'd need a gross annual income of approximately $137,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Old Orchard Beach compare to the national average home price?
The national median home value is approximately $410,000. At $517,558, homes in Old Orchard Beach are 26% above the national average.
What metro area is Old Orchard Beach part of?
Old Orchard Beach is part of the Portland-South Portland, ME metropolitan area. Home prices and market conditions can vary across the broader metro region.