Market Overview
Home Prices in Steuben, ME
The median home value in Steuben, ME is $291,733 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.3% compared to a year ago and down 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Steuben are priced29% below average.
Over the past five years, Steuben home values have risen by approximately24.7%, reflecting strong long-term appreciation in this market.
Price History
Steuben Home Price Trend
2020
$185,395
$185K
—
2021
$234,036
$234K
+26.2%
2022
$277,713
$278K
+18.7%
2023
$286,395
$286K
+3.1%
2024
$303,723
$304K
+6.1%
2025
$298,731
$299K
-1.6%
2026
$291,733
$292K
-2.3%
City Comparison
Steuben vs. National Median
🏠 Steuben
$291,733
National Median
$410,000
At $291,733, homes in Steuben cost 29% below the national median of $410,000. This makes Steuben a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Steuben?
20% Down Payment
$58,347
on $291,733
Monthly P&I
$1,522/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,933/mo
incl. taxes & insurance
Income Needed
$77,320
gross annual (30% rule)
10% Down Option
$29,173
+ PMI applies
Loan Amount (20% dn)
$233,386
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 Steuben, ME?
The median home value in Steuben is $291,733 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.3% year-over-year.
How much have home prices changed in Steuben?
Over the past year, home values in Steuben have decreased by 2.3%. Over five years, prices have risen approximately 24.7%.
How much do I need to earn to buy a home in Steuben?
To comfortably afford the median home price of $291,733 with a 20% down payment ($58,347) at today's rates (6.8%), you'd need a gross annual income of approximately $77,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Steuben compare to the national average home price?
The national median home value is approximately $410,000. At $291,733, homes in Steuben are 29% below the national average.