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Housing in Waldo

A typical Waldo home is worth roughly $208,000

Home prices around Waldo have risen about 70% over the past 5 years. Builders were permitted 9 new homes in 2025.

Typical home value
$208K
▲ 5% in a year · ME $416K
Estimate
2-bedroom rent
$1,460
a month, utilities in · HUD
Median tax bill
$1,623
ME $3,036

What kind of housing town is Waldo?

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

★ What stands out · Affordability

A typical home costs 2.9 years of income

Less than across Maine (5.6 years). Try your own numbers below.

You could afford about
$281,000
Typical Waldo home $208K

That covers a typical Waldo home, with $73K to spare.

The typical home, each month
$1,230
Loan $1,030Tax $140Insurance $60

A two-bedroom rents for about $1,460 a month here, $230 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Waldo’s typical property tax (0.78% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 70% in 5 years

The federal house price index for the ZIP code around Waldo rose 70% over the past 5 years, about the same as across Maine. Last year prices rose 5%.

Waldo areaMaine
0%+50%+100%+150%+200%+250%200020052010201520202025
+5%
past year
+70%
past 5 years
+110%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Waldo, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $1,460

Renters already here pay a median of $1,150, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,170
1 bedroom$1,180
2 bedrooms$1,460
3 bedrooms$1,890
4 bedrooms$2,060
15%
of households rent · ME 26%
54
renter households
$1,150
median rent paid today · Census

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

9 new homes permitted in 2025

Builders were permitted 9 new homes in Waldo in 2025, all single-family houses, worth about $2.8 million to build. Over the past 10 years, Waldo has permitted 67 homes in all.

Single-family
0102030 200020052010201520202025
9
new homes permitted in 2025
7
2026 so far (Jan–Aug)
67
homes in the past 10 years
Homes vs. people, 2010–2020
Residents+33
New homes+66

Between the 2010 and 2020 censuses, Waldo gained 33 residents while 66 new homes were permitted: about 0.5 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Maine: 0.9 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)770$2.2 million
2025990$2.8 million
202411110$3.6 million
2023880$2 million
2022880$2 million
2021770$1.7 million
2020660$1.5 million
2019550$375,000
2018550$375,000
2017440$300,000
2016440$300,000
2015770$628,000
2014770$628,000
2013880$718,000
2012880$718,000
2011880$718,000
201010100$898,000
200910100$898,000
200812120$1.1 million
200717170$1.5 million
200622220$2 million
200526260$2.3 million
200429290$2.6 million
200327270$2.4 million
200225250$2.2 million
200123230$2.1 million
200025250$2.7 million

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

The homes

85% of Waldo households own their home

Half of Waldo’s homes were built before 1988.

Owners and renters
Own 85%Rent 15%

Maine: 74% own.

1988
typical home built · ME 1977
$1,623
median property tax bill · ME $3,036
0.78%
of a home’s value, a year in tax · ME 1.02%
4%
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.

Next door

Waldo vs. its neighbors

Waldo is the least expensive of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Waldo$208K*+5%†$1,4609$71,458
Brooks$285K+4.3%$1,410—$59,130
Swanville$303K+1.6%$1,46012$51,935
Morrill$313K−0.5%$1,4605$74,250
Belfast$401K+5.4%$1,46012$67,679

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 Waldo buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Waldo 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. Price trend: Federal Housing Finance Agency House Price Index. 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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