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Housing in Perham

A typical Perham home is worth roughly $118,000

Builders were permitted 2 new homes in 2025.

Typical home value
$118K
ME $416K
Estimate
2-bedroom rent
$1,130
a month, utilities in · HUD
Median tax bill
$1,641
ME $3,036

What kind of housing town is Perham?

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

★ What stands out · Affordability

What it takes to buy in Perham

Try your own numbers below.

You could afford about
$287,000
Typical Perham home $118K

That covers a typical Perham home, with $169K to spare.

The typical home, each month
$720
Loan $580Tax $100Insurance $30

A two-bedroom rents for about $1,130 a month here, $410 more than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Maine typical property tax (1.02% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

93% of Perham households own their home

Half of Perham’s homes were built before 1976.

Owners and renters
Own 93%Rent 8%

Maine: 74% own.

1976
typical home built · ME 1977
$1,641
median property tax bill · ME $3,036
16%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,130

Fair Market Rent a month, utilities included

Studio$870
1 bedroom$880
2 bedrooms$1,130
3 bedrooms$1,550
4 bedrooms$1,610
8%
of households rent · ME 26%
3
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Aroostook 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

2 new homes permitted in 2025

Builders were permitted 2 new homes in Perham in 2025, all single-family houses. Over the past 10 years, Perham has permitted 16 homes in all.

Single-family
012345 200220052010201520202025
2
new homes permitted in 2025
0
2026 so far (Jan–Aug)
16
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−15
New homes+9

Between the 2010 and 2020 censuses, Perham's population fell by 15 even though 9 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. 16% of Perham'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—
2025220$601,000
2024220$601,000
2023550$1.5 million
2022110$22,000
2021110$22,000
2020110$22,000
2019110$22,000
2018110$22,000
2017110$22,000
2016110$22,000
2015110$22,000
2014220$15,000
2013110$15,000
2012110$15,000
2011000—
2010000—
2009000—
2008000—
2007000—
2006000—
2005000—
2004000—
2003000—
2002000—

Perham's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

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

Next door

Perham vs. its neighbors

The towns that share a border with Perham. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Perham$118K*—$1,1302$62,500
Woodland$132K−1.9%$1,1400$64,464
Wade——$9902$41,818
Westmanland——$1,3100$63,750

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.

Neighbors talk housing

What Perham buyers, sellers and renters are saying.

Town Square →
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Is Perham still affordable for young families?

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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. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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