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Housing in Castine

A typical Castine home is worth roughly $604,000

Builders were permitted 1 new home in 2025.

Typical home value
$604K
ME $416K
Estimate
2-bedroom rent
$1,580
a month, utilities in · HUD
Median tax bill
$4,250
ME $3,036

What kind of housing town is Castine?

Read from the numbers below. The page puts what stands out first.

★ What stands out · The homes

2 of Castine’s houses are on the National Register

Half of Castine’s homes were built before 1974.

History →
Owners and renters
Own 80%Rent 20%

Maine: 74% own.

1974
typical home built · ME 1977
$4,250
median property tax bill · ME $3,036
0.70%
of a home’s value, a year in tax · ME 1.02%
44%
of homes are seasonal or vacation homes
Historic houses in Castine

U.S. Census Bureau, American Community Survey 2020-2024. Historic houses: National Register of Historic Places.

Affordability

A typical home costs 5.3 years of income

About the same as across Maine. Try your own numbers below.

You could afford about
$456,000
Typical Castine home $604K

That’s $147K short of a typical Castine home.

The typical home, each month
$3,520
Loan $2,990Tax $350Insurance $180

A two-bedroom rents for about $1,580 a month here, $1,940 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Castine’s typical property tax (0.70% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,580

Renters already here pay a median of $1,105, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,280
1 bedroom$1,290
2 bedrooms$1,580
3 bedrooms$2,110
4 bedrooms$2,200
20%
of households rent · ME 26%
58
renter households
60%
of renters spend 30%+ of income on rent · ME 48%
17%
of the median income, for a two-bedroom
$1,105
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Hancock County, ME): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

1 new home permitted in 2025

Builders were permitted 1 new home in Castine in 2025. That's 0.7 per 1,000 residents, slower than across Maine (5.5). Over the past 10 years, Castine has permitted 27 homes in all.

Single-family2+ homes per building
05101520 200020052010201520202025
1
new homes permitted in 2025
0
2026 so far (Jan–Aug)
0.7
per 1,000 residents · ME 5.5
27
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−46
New homes+25

Between the 2010 and 2020 censuses, Castine's population fell by 46 even though 25 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. 44% of Castine's homes are seasonal or vacation homes, which adds housing without adding residents. Across Maine: 0.9 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025110$420,000
2024110$681,000
2023330$2 million
2022660$1.4 million
2021752$3.4 million
2020330$1.4 million
2019000—
2018220$299,000
2017220$641,000
2016220$410,000
2015000—
201416016$3.2 million
2013000—
2012110$220,000
2011110$246,000
2010110$340,000
2009330$939,000
2008330$1.2 million
2007862$2.9 million
2006550$1.9 million
2005550$2.6 million
200412120$4.5 million
2003660$2.1 million
200213130$3.4 million
2001550$1.2 million
2000660$1.6 million

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

Next door

Castine vs. its neighbors

Castine is the priciest of 6 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Castine$604K*—$1,5801$113,750
Brooksville$538K+6.9%$1,580—$56,316
Penobscot$343K−0.8%$1,5209$63,194
Islesboro$442K−0.9%$1,3600$88,438
Stockton Springs$378K+6.1%$1,66011$74,886
Searsport$322K+2.1%$1,29014$64,303

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

On the market in Castine

Listed in the past 60 days. Each opens on the listing site.

Neighbors talk housing

What Castine buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Castine still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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