Counties / Maine / Sagadahoc County

Sagadahoc County, ME

FIPS 23023 · population 37,285 · part of Portland, ME

$443k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$443k
▲ 1.1% year over year
Zillow ZHVI · direct
Median asking rent
$1,868
n/a year over year
Zillow ZORI · direct
Gross yield
5.1%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$1,577
market rent is 1.19x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+68.5%not annualized · through 2025
0%ZILLOW ZHVI2026-06+1.1%FHFA HPI2025+3.8%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$333k
Surveyed gross rent$1,098
Rent burden 30%+48.0%
Median year built1977
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
14.5%vacant
19,239estimated housing units
Occupied tenure22.2% renter
owner 77.8%renter 22.2%
Structure mix77.5% single-family
Single-family 77.5%20+ units 2.5%Mobile home 7.7%Other 12.3%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs17,021▼ 0.7% from the prior annual release
Covered establishments1,295annual average reporting locations
Average weekly wage$1,293▲ 6.4% from the prior annual release
Largest private supersectorTrade, transportation, and utilities14.2% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−0.7%WEEKLY WAGE+6.4%Trade, transportation, and utilities14.2%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Sagadahoc County presents a constrained-listing, modest-yield tension: published rent supports initial screening, but taxes, inland-flood exposure and softer covered-job evidence make the case conditional. Buyers able to validate asset insurance and costs should investigate; those needing clear employment momentum or evidenced net cash flow should be cautious. Zillow’s county median home value was $443,090 in June 2026, up 1.14% year over year. FHFA’s 2025 repeat-transaction HPI rose 3.76%; this appreciation index is not a home value and cannot be averaged with Zillow’s separately dated, differently constructed change.

02Housing economics

Published median asking rent of $1,868 monthly and gross yield of 5.06% are a market-rent revenue screen before costs, not a net return. HUD’s two-bedroom FMR is a payment standard, not asking-rent evidence, and cannot replace market rent or produce yield. The 1.04% effective property-tax rate is a recurring carrying-cost input alongside price and rent. Vacancy, operating expenses, insurance premiums and financing data are not published, preventing a net-cash-flow conclusion.

03Demand & competition

Realtor.com’s June 2026 snapshot shows fewer active MLS listings, shorter marketing time and price reductions. These are visible asking-market supply and seller-concession evidence, not closed-sale prices or proof of demand. Positive net migration pairs with in-mover average AGI of $75,335 versus $62,540 for out-movers, but identifies neither renters nor neighborhoods. Investor purchase mortgages were 32 of 421 purchases, or 7.6%, showing participation, not control of buyer competition. QCEW’s 2025 annual data show lower covered workplace employment and higher covered-worker pay, not resident employment or a forecast. Trade, transportation, and utilities is its largest disclosed private supersector, not the whole economy.

04Risk & next checks

Modeled expected annual building-value loss is 0.12%, and inland flood is the dominant hazard. This county model is a risk flag, not a parcel loss forecast; exposure can differ by flood zone, elevation, construction and insurance terms. Flood-zone status, replacement cost, deductibles, lease-up/vacancy, condition and closed-sale comparables are not published. Their absence prevents asset-level resilience, net-income and exit-price conclusions. Check parcel flood and insurance files, tax bills, lease and expense history, and current closed-sale and rental comparables.

Cities & communities

Where people live within Sagadahoc County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Bath city8.8KTopsham CDP7.3KRichmond CDP2.1KBowdoinham CDP766
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

4 Census places

Population
  1. 01
    Bath cityIncorporated place
    8,815
  2. 02
    Topsham CDPCensus-designated place
    7,271
  3. 03
    Richmond CDPCensus-designated place
    2,089
  4. 04
    Bowdoinham CDPCensus-designated place
    766

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.117% of building value expected lost per year

Effective property tax1.04%

$3,470 median annual bill

02
DemandIRS SOI household flows
Net migration+139

1,417 in · 1,278 out

Arriving vs leaving income+$12,795

$75,335 arriving · $62,540 leaving

03
CompetitionHMDA financed purchases
Purchases by investors7.6%

32 of 421 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings83▼ 5.7% year over year
Median days on market30▼ 26.7% year over year
Listings price-reduced20.1%seller-concession signal
Median listing pricen/a▲ 6.0% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

Same metro

The other counties in Portland, ME

A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.

CountyPopulationPriceRentYieldHazard
Sagadahoc County37,285$443k$1,8685.1%inland flooding
Cumberland County308,827$574k$2,4455.1%inland flooding
York County216,731$537k$2,1514.8%inland flooding
Bear case

What can break the county thesis

  1. Parcel-level inland-flood exposure or insurance terms could exceed the county model.
  2. Lower QCEW covered workplace employment may conflict with the household-demand reading.
  3. Unpublished vacancy, expenses and unit condition could materially change net income.
Underwriting questions

Before pricing a property

Is a market-rent-based gross yield published?

Yes. The record supplies both median asking rent and gross yield.

Can HUD two-bedroom FMR be treated as market asking rent?

No. It is a payment standard, not an asking-rent estimate.

What dominant hazard requires parcel-level review?

Inland flood.