Market Overview
Home Prices in Rumford, ME
The median home value in Rumford, ME is $182,779 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.2% compared to a year ago and down 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rumford are priced55% below average.
Over the past five years, Rumford home values have risen by approximately25.0%, reflecting strong long-term appreciation in this market.
Price History
Rumford Home Price Trend
2020
$101,461
$101K
—
2021
$146,208
$146K
+44.1%
2022
$168,277
$168K
+15.1%
2023
$175,863
$176K
+4.5%
2024
$192,718
$193K
+9.6%
2025
$183,127
$183K
-5.0%
2026
$182,779
$183K
-0.2%
City Comparison
Rumford vs. National Median
🏠 Rumford
$182,779
National Median
$410,000
At $182,779, homes in Rumford cost 55% below the national median of $410,000. This makes Rumford a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rumford?
20% Down Payment
$36,556
on $182,779
Monthly P&I
$953/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,210/mo
incl. taxes & insurance
Income Needed
$48,400
gross annual (30% rule)
10% Down Option
$18,278
+ PMI applies
Loan Amount (20% dn)
$146,223
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 Rumford, ME?
The median home value in Rumford is $182,779 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.2% year-over-year.
How much have home prices changed in Rumford?
Over the past year, home values in Rumford have decreased by 0.2%. Over five years, prices have risen approximately 25.0%.
How much do I need to earn to buy a home in Rumford?
To comfortably afford the median home price of $182,779 with a 20% down payment ($36,556) at today's rates (6.8%), you'd need a gross annual income of approximately $48,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Rumford compare to the national average home price?
The national median home value is approximately $410,000. At $182,779, homes in Rumford are 55% below the national average.