Mortgage payment estimates, closing cost breakdowns, and homebuying data for Biddeford, Maine.
Pre-filled with Biddeford median home price and Maine tax/insurance rates. Adjust for your property.
Estimated closing costs based on Maine rates and fees applied to Biddeford prices.
The median home price in Biddeford is $365,000, roughly in line with the Maine state median of $350,000. With a population of 22,516, Biddeford is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Maine average 1.3% annually. This moderate property tax rate means a $365,000 home in Biddeford would carry roughly $395/month in property taxes. Homeowners insurance in Maine runs approximately $1,300 per year. This is within the normal range nationally.
Average rent in Biddeford is $1,480/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Biddeford presents moderate affordability. The $365K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.