Market Overview
Home Prices in Rangeley, ME
The median home value in Rangeley, ME is $523,006 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.4% compared to a year ago and up 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rangeley are priced28% above average.
Over the past five years, Rangeley home values have risen by approximately40.6%, reflecting strong long-term appreciation in this market.
Price History
Rangeley Home Price Trend
2020
$293,724
$294K
—
2021
$371,907
$372K
+26.6%
2022
$455,567
$456K
+22.5%
2023
$469,989
$470K
+3.2%
2024
$499,990
$500K
+6.4%
2025
$510,730
$511K
+2.1%
2026
$523,006
$523K
+2.4%
City Comparison
Rangeley vs. National Median
🏠 Rangeley
$523,006
National Median
$410,000
At $523,006, homes in Rangeley cost 28% above the national median of $410,000. Buyers in Rangeley should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Rangeley?
20% Down Payment
$104,601
on $523,006
Monthly P&I
$2,728/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,465/mo
incl. taxes & insurance
Income Needed
$138,600
gross annual (30% rule)
10% Down Option
$52,301
+ PMI applies
Loan Amount (20% dn)
$418,405
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 Rangeley, ME?
The median home value in Rangeley is $523,006 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.4% year-over-year.
How much have home prices changed in Rangeley?
Over the past year, home values in Rangeley have increased by 2.4%. Over five years, prices have risen approximately 40.6%.
How much do I need to earn to buy a home in Rangeley?
To comfortably afford the median home price of $523,006 with a 20% down payment ($104,601) at today's rates (6.8%), you'd need a gross annual income of approximately $138,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Rangeley compare to the national average home price?
The national median home value is approximately $410,000. At $523,006, homes in Rangeley are 28% above the national average.