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ME area data

Hallowell, ME

Hallowell, ME.

Population: 2,592 (Census ACS)

Home values & appreciation

Median home value
$386,856
1-year appreciation
+1.2%
3-year appreciation
+9.2%
5-year appreciation
+28.8%
10-year appreciation
+107.8%
All-time peak (2026-03)
$389,009
House Price Index
486.3 (+4.0% YoY)

Market activity

Median sale price
$445,000
Median list price
$450,000
Median days on market
106 days
Sale-to-list ratio
100.3%
Active listings
16
1-year forecast
+1.6%

Rents

2-bedroom fair-market rent (HUD reference)
$1,762/mo
3BR fair-market rent
$2,290/mo

Affordability

Cost of living index (Average)
97.5 (100 = US avg)
Electricity rate (state-level)
27.8¢/kWh
Natural gas rate (state-level)
$19.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
iceStorm, winterWeather, lightning, drought, hurricane
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
47.0°F
Average high
56.0°F
Average low
38.0°F
Annual precipitation
42.7 in

Air quality

Air quality rating
Good
Median AQI (annual)
37
Days with Good air quality
242

Walkability & transit

Walkability index
9.3 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Frances Perkins National Monument (23 mi)
Nearest airport
Augusta State Airport (AUG) (3 mi)
Nearest major airport
Augusta State Airport (AUG) (3 mi)
Hospitals nearby (~15 mi)
3
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Migration

Net migration
+563 tax filers

Housing stock

Median year housing built
1,938
Median annual property tax
$3,867
Households with broadband internet
83.8%

Employment & development

Total county employment
45,517
Average weekly wage
$1,042
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
197

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents