Market Overview
Home Prices in Parkman, ME
The median home value in Parkman, ME is $212,906 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.4% compared to a year ago and up 9.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Parkman are priced48% below average.
Over the past five years, Parkman home values have risen by approximately34.6%, reflecting strong long-term appreciation in this market.
Price History
Parkman Home Price Trend
2020
$127,329
$127K
—
2021
$158,126
$158K
+24.2%
2022
$190,727
$191K
+20.6%
2023
$187,302
$187K
-1.8%
2024
$188,476
$188K
+0.6%
2025
$205,958
$206K
+9.3%
2026
$212,906
$213K
+3.4%
City Comparison
Parkman vs. National Median
🏠 Parkman
$212,906
National Median
$410,000
At $212,906, homes in Parkman cost 48% below the national median of $410,000. This makes Parkman a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Parkman?
20% Down Payment
$42,581
on $212,906
Monthly P&I
$1,110/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,410/mo
incl. taxes & insurance
Income Needed
$56,400
gross annual (30% rule)
10% Down Option
$21,291
+ PMI applies
Loan Amount (20% dn)
$170,325
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 Parkman, ME?
The median home value in Parkman is $212,906 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.4% year-over-year.
How much have home prices changed in Parkman?
Over the past year, home values in Parkman have increased by 3.4%. Over five years, prices have risen approximately 34.6%.
How much do I need to earn to buy a home in Parkman?
To comfortably afford the median home price of $212,906 with a 20% down payment ($42,581) at today's rates (6.8%), you'd need a gross annual income of approximately $56,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Parkman compare to the national average home price?
The national median home value is approximately $410,000. At $212,906, homes in Parkman are 48% below the national average.