What income do you need to buy a house in Skowhegan, ME?

It takes about $64,000/yr to afford the typical Skowhegan, ME home ($232K, +0.3% past year) at today's rates. Starter homes run around $161K. See if you can afford a house in Skowhegan (2026 data) — free, no signup.

Market snapshot (2026-06)

• Income needed to buy the typical home: about $64,000/yr (28% front-end ratio, 20% down, 6.66% 30-yr fixed, ME property tax and insurance)
• Typical home value: $232K (Zillow ZHVI, 2026-06)
• 1-year change: +0.3%
• Bottom 35% of homes: $161K
• Top 35% of homes start around: $345K
• Median household income: $45K
• Price-to-income ratio: 5.1
• Estimated payment on the typical home: $1,194/mo principal & interest (20% down, 6.66% 30-yr fixed)

Nearby housing markets

• Waterville, ME — typical home $253K
• Winslow, ME — typical home $301K
• Augusta, ME — typical home $287K
• Gardiner, ME — typical home $297K
• Belfast, ME — typical home $404K
• Hampden, ME — typical home $362K

The most affordable cities to buy a house in Maine

Home values are Zillow Group public data (ZHVI, updated monthly); income and population are US Census Bureau ACS 5-year estimates. Estimates only — not financial advice.

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