Phillips, Franklin County, ME

Median Home Price Price

$187,189 $187.2K

Median Monthly Rent Rent

$539 $539

29.0x

Market Snapshot

Phillips, Franklin County, ME is a city market with a median home price of $187,189, a median monthly rent of $539, a GRM of 29.0x, and a price-to-rent ratio of 28.9.

More markets to explore

Top recommendation Within state Higher GRM Premium price
High confidence
Price $402.2K
Rent $492
GRM 68.0x
Explore the data

No similar markets found for this scope.

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Sedgwick, Hancock County, ME
$402K $492 68.0x
$835K $2.5K 28.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$109K $821 11.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Phillips

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Benchmark comparison

Rent in Phillips, ME is 9.6% higher than Sedgwick, ME.

Phillips, ME
Sedgwick, ME
Delta
Median rent
$539
$492
-$47
Median price
$187,189
$402,210
+$215,021
YoY change
+$22
+$19
-$3
Price-to-rent
28.9x
68.1x
+39.2x

Key takeaways

  • Phillips, Franklin County, ME has a higher-grm screening profile: At 29.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $22 year over year.
  • Rent in Phillips, ME is 9.6% higher than Sedgwick, ME.