Market Overview
Home Prices in South Thomaston, ME
The median home value in South Thomaston, ME is $467,682 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.7% compared to a year ago and up 2.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in South Thomaston are priced14% above average.
Over the past five years, South Thomaston home values have risen by approximately35.6%, reflecting strong long-term appreciation in this market.
Price History
South Thomaston Home Price Trend
City Comparison
South Thomaston vs. National Median
At $467,682, homes in South Thomaston cost 14% above the national median of $410,000. Buyers in South Thomaston should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in South Thomaston?
20% Down Payment
$93,536
on $467,682
Monthly P&I
$2,439/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,098/mo
incl. taxes & insurance
Income Needed
$123,920
gross annual (30% rule)
10% Down Option
$46,768
+ PMI applies
Loan Amount (20% dn)
$374,146
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 South Thomaston, ME?
The median home value in South Thomaston is $467,682 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.7% year-over-year.
How much have home prices changed in South Thomaston?
Over the past year, home values in South Thomaston have increased by 0.7%. Over five years, prices have risen approximately 35.6%.
How much do I need to earn to buy a home in South Thomaston?
To comfortably afford the median home price of $467,682 with a 20% down payment ($93,536) at today's rates (6.8%), you'd need a gross annual income of approximately $123,920. This assumes keeping total housing costs at or below 30% of gross income.
How does South Thomaston compare to the national average home price?
The national median home value is approximately $410,000. At $467,682, homes in South Thomaston are 14% above the national average.