Housing in Lake Arrowhead, ME
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$400,000
Median List Price
$419,000
Price Per Sq Ft
$308
Days on Market
56
Active Inventory
11
Months of Supply
2.2
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
20.0%
Off Market in 2 Weeks
12.5%
Sale-to-List Ratio
93.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
5
New Listings
5
Pending Sales
8
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$308
Median List $/SF
$336
Lake Arrowhead vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Lake Arrowhead is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$226,400
Median Rent
$2,120
Total Housing Units
1,217
Vacancy Rate
16.8%
Owner Occupied
95.1%
Renter Occupied
4.9%
Median Property Tax
$1,909
per year
Monthly Cost (w/ Mortgage)
$1,389
Housing Types
The current median sale price in Lake Arrowhead, ME is $400,000 according to Redfin data. Homes spend a median of 56 days on the market. 20.0% of homes sold above asking price. The market has 2.2 months of supply. The median price per square foot is $308. The median rent is $2,120 per month (Census ACS). About 95.1% of housing units are owner-occupied. The median year homes were built is 1996. There are 1,217 total housing units.