Why Live in Augusta
Augusta, Maine, the state’s capital, is a small city with a population of just under 20,000, divided by the Kennebec River. Known for its historical significance and progressive community efforts, Augusta has seen recent investments in a new hospital, museum renovations, and theater restorations. The city’s economy is driven by government jobs, healthcare, energy, manufacturing, and distribution. Housing options range from historic Colonial Revival homes to midcentury ranch-style houses and newly built townhouses. Augusta Public Schools serve about 2,200 students, and the University of Maine has a campus here. Recreational activities are abundant, with the Kennebec River offering hiking, fishing, and boating opportunities. Capitol Park, Viles Arboretum, and the Capital Area Sports Complex provide additional outdoor spaces. Downtown Augusta, along Water Street, features historic brick storefronts, waterside pubs, and eateries, hosting annual celebrations and housing landmarks like the Augusta Colonial Theater and the Maine State Museum. Shopping options include local shops, cafes, and big-box stores at the Market Place at Augusta. Interstate 95 and U.S. Route 1 provide easy access to nearby cities, with Portland 60 miles south and Bangor 75 miles northeast. Augusta State Airport offers flights to Boston, and the nearest international airport is in Portland. The city experiences four distinct seasons, with harsh winters and occasional flooding around the Kennebec River.
Home Trends in Augusta, ME
On average, homes in Augusta, ME sell after 28 days on the market compared to the national average of 51 days. The median sale price for homes in Augusta, ME over the last 12 months is $285,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$285,000
Median Single Family Sale Price
$287,500
Median Townhouse Sale Price
$290,000
Median 2 Bedroom Sale Price
$285,000
Average Price Per Sq Ft
$209
Number of Homes for Sale
22
Last 12 months Home Sales
103
Median List Price
$289,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%