Housing in Orono, ME
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$375,000
Median List Price
$287,450
Price Per Sq Ft
$163
Days on Market
81
Active Inventory
10
Months of Supply
3.3
Seller's market
Zillow Home Value
$292,845
ZHVI — January 2026
Zillow Rent Index
$1,805
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
33.3%
Sale-to-List Ratio
96.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
3
New Listings
4
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$163
Median List $/SF
$175
Orono vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Orono 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
$219,200
Median Rent
$1,150
Total Housing Units
3,262
Vacancy Rate
7.5%
Owner Occupied
43.9%
Renter Occupied
56.1%
Median Property Tax
$4,312
per year
Monthly Cost (w/ Mortgage)
$1,179
Housing Types
The current median sale price in Orono, ME is $375,000 according to Redfin data. Homes spend a median of 81 days on the market. 33.3% of homes sold above asking price. The market has 3.3 months of supply. The median price per square foot is $163. Zillow's observed rent index is $1,805/month. About 43.9% of housing units are owner-occupied. The median year homes were built is 1976. There are 3,262 total housing units.