The story of this market
The typical home in Biddeford, Maine sells for about $525,000, or $408 per square foot.
Prices are up +6.1% from a year ago, so sellers still have some momentum. Homes take about 31 days to sell. HUD's fair market rent for a two-bedroom is $1,750 a month.
Monthly price momentum
Home values since 2015
+6.8%
ME · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Biddeford, Maine
The Biddeford housing market is showing signs of steady growth with a 6.1% year-over-year increase in median sale prices to $525,000. While the market is somewhat competitive, the influx of new residential units from ongoing mill redevelopments is helping to balance supply. The rental market has seen a recent correction, with average rents declining, suggesting a stabilization in housing costs for the city.
No ARED county foreclosure postings attributed to Biddeford yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 3.4% year over year.
Homes spend a median of 44 days on market with 3.2 months of supply — a fast-moving market.
16% of listings have cut prices · homes sell at 99.87% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 15.5% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A scenic coastal village and harbor area that provides significant recreational value and contributes to the city's high quality of life.
A multi-use trail that serves as a major regional asset for walking, cycling, and outdoor recreation, connecting Biddeford to neighboring communities.
The historic core of the city, currently undergoing significant revitalization with new restaurants, shops, and cultural venues.
A historic industrial area repurposed into a vibrant mixed-use district featuring residential lofts, hotels, and commercial spaces.
Biddeford is increasingly attractive to young professionals and commuters who value the blend of coastal Maine living with an emerging, walkable urban downtown. It also appeals to investors focused on the city's ongoing mill redevelopment projects and families seeking a community with a distinct historical character and proximity to regional employment hubs.
Biddeford is served by major regional highway corridors, facilitating commutes to nearby employment centers in Portland and beyond. The city's infrastructure is currently being adapted to support increased density in the downtown core.
Biddeford offers a diverse amenity base ranging from the coastal beauty of Biddeford Pool to the active urban environment of the downtown mill district. Residents have access to the Eastern Trail for outdoor recreation and a growing selection of dining and retail options within the revitalized city center.
The rental market in Biddeford is currently experiencing a cooling trend, with average rents decreasing by 12% year-over-year to $1,750. While demand remains present, the influx of new residential units from mill redevelopments has likely eased vacancy pressures, providing more options for renters compared to previous years.
Biddeford's economy is transitioning from traditional manufacturing to a service-oriented and residential-focused model. The revitalization of the downtown mill district serves as a primary economic driver, attracting new businesses and residents to the area.
Biddeford is experiencing significant urban renewal, particularly in its historic mill district, which has been transformed into a hub for residential, hospitality, and commercial activity. Major projects like the Lincoln Lofts and ongoing developments at the Saco Lowell site reflect a shift toward high-density, mixed-use urban living. This momentum is supported by strategic city-led investments in downtown infrastructure.
The city is actively managing a pipeline of adaptive reuse projects, focusing on converting historic industrial buildings into residential and commercial spaces to support population growth and economic vitality.
Property owners in Biddeford are subject to municipal taxes and standard school district levies; there are no major special utility or flood control districts reported as primary tax burdens.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maine) — Maine Resident Homestead Property Tax Exemption: Provides a reduction in the valuation of the homestead for property tax purposes. The exemption amount is set by state statute (currently $25,000 of the just value of the property). The formula is: (Just Value - Homestead Exemption) * Local Tax Rate = Tax Due.
Data retrieved from U.S. Census Bureau QuickFacts and Census Reporter.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.