Mortgage payment estimates, closing cost breakdowns, and homebuying data for Auburn, Maine.
Pre-filled with Auburn median home price and Maine tax/insurance rates. Adjust for your property.
Estimated closing costs based on Maine rates and fees applied to Auburn prices.
The median home price in Auburn is $255,000, 27% below the Maine state median of $350,000. With a population of 24,220, Auburn is a smaller market where home prices tend to be more accessible than in many parts of Maine.
Property taxes in Maine average 1.3% annually. This moderate property tax rate means a $255,000 home in Auburn would carry roughly $276/month in property taxes. Homeowners insurance in Maine runs approximately $1,300 per year. This is within the normal range nationally.
Average rent in Auburn is $1,250/month. The price-to-rent ratio in Auburn is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Auburn presents moderate affordability. The $255K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.