Market Summary

New Gloucester, Cumberland County, ME

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Median Home Price Price

$411,444 $411.4K

Median Monthly Rent Rent

$1,366 $1.4K

GRM

25.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Cumberland County

Region Price Rent GRM Display
$434,510 $1,164 31.0x
$660,331 $2,038 27.0x
$717,588 $2,038 29.0x

Home prices

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Monthly rent

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GRM

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Similar markets within ME outside of Cumberland County

Region Price Rent GRM Display
$338,538 $1,455 19.0x
$250,948 $1,210 17.0x
$460,662 $1,662 23.0x
$336,502 $1,528 18.0x
$594,138 $1,715 29.0x
$327,944 $1,091 25.0x
$372,250 $1,185 26.0x
$372,504 $1,204 26.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of ME

Region Price Rent GRM Display
$350,366 $1,067 27.0x
$391,280 $1,350 24.0x
$462,713 $1,596 24.0x
$872,505 $1,392 52.0x
$359,096 $1,577 19.0x
$227,136 $1,391 14.0x
$196,687 $1,393 12.0x
$413,501 $1,388 25.0x
$407,517 $1,257 27.0x
$352,534 $1,312 22.0x
$402,309 $1,452 23.0x
$392,799 $1,312 25.0x
$590,477 $1,993 25.0x
$376,937 $1,368 23.0x
$682,514 $2,110 27.0x
$780,544 $2,476 26.0x
$284,397 $1,373 17.0x
$219,982 $1,463 13.0x
$583,173 $1,926 25.0x
$328,887 $1,512 18.0x
$472,038 $1,401 28.0x
$272,196 $1,315 17.0x
$1,102,742 $3,794 24.0x
$298,851 $1,306 19.0x
$248,790 $1,268 16.0x
$638,973 $1,599 33.0x
$205,720 $1,423 12.0x
$672,814 $2,761 20.0x
$331,069 $1,813 15.0x
$389,520 $1,350 24.0x
$275,488 $1,511 15.0x
$511,049 $1,698 25.0x
$247,578 $1,383 15.0x

Home prices

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Monthly rent

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GRM

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New Gloucester

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Trend Insights

Median Rent in New Gloucester, ME is $1,366, with MoM change +$8 and YoY change +$38 pointing to positive momentum while volatility is low (std $8).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against New Gloucester, ME.

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Metric
Base market New Gloucester, ME
Compare market Select a market
Delta vs base
Median rent
$1,366
N/A
Median price
$411,444
N/A
YoY change
+$38
N/A
Price-to-rent
25.1x
Data unavailable
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