Market Overview
Home Prices in Thomaston, ME
The median home value in Thomaston, ME is $349,345 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.2% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Thomaston are priced15% below average.
Over the past five years, Thomaston home values have risen by approximately34.1%, reflecting strong long-term appreciation in this market.
Price History
Thomaston Home Price Trend
2020
$208,038
$208K
—
2021
$260,526
$261K
+25.2%
2022
$310,127
$310K
+19.0%
2023
$329,582
$330K
+6.3%
2024
$349,046
$349K
+5.9%
2025
$357,359
$357K
+2.4%
2026
$349,345
$349K
-2.2%
City Comparison
Thomaston vs. National Median
🏠 Thomaston
$349,345
National Median
$410,000
At $349,345, homes in Thomaston cost 15% below the national median of $410,000. This makes Thomaston a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Thomaston?
20% Down Payment
$69,869
on $349,345
Monthly P&I
$1,822/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,314/mo
incl. taxes & insurance
Income Needed
$92,560
gross annual (30% rule)
10% Down Option
$34,935
+ PMI applies
Loan Amount (20% dn)
$279,476
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 Thomaston, ME?
The median home value in Thomaston is $349,345 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.2% year-over-year.
How much have home prices changed in Thomaston?
Over the past year, home values in Thomaston have decreased by 2.2%. Over five years, prices have risen approximately 34.1%.
How much do I need to earn to buy a home in Thomaston?
To comfortably afford the median home price of $349,345 with a 20% down payment ($69,869) at today's rates (6.8%), you'd need a gross annual income of approximately $92,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Thomaston compare to the national average home price?
The national median home value is approximately $410,000. At $349,345, homes in Thomaston are 15% below the national average.