Home prices
The median home price in Damariscotta is $288,300. In comparison to other places in this area it is approximately $71,380 (32%) higher.Compared to the entire nation it is about $70,800 (32%) higher, and compared to the city of Portland is is very similar.
Rents
In Damariscotta the median rent is $852 per month. This is approximately $200 (30%) higher in comparison to other places in this area.It is approximately $210 (19%) lower compared to the US as a whole, and in comparison to the city of Portland it is roughly $272 (24%) lower.
Nearby places
Newcastle
Newcastle is Damariscotta's neighbor to the northwest. Housing prices there are a little more expensive. Newcastle's median home price is $309,400, which is $21,100 (6%) higher than Damariscotta. The rent there is a bit less expensive. Newcastle's median monthly rent is $775, which works out to $77 (9%) lower than Damariscotta.
Wiscasset
Wiscasset is about 6 miles west of Damariscotta. Its housing prices are a lot less expensive. The median home in Wiscasset costs $207,500, which comes out to $80,800 (38%) lower than Damariscotta. Rents there are a bit less expensive. Wiscasset's median monthly rent is $734, which works out to $118 (16%) lower than Damariscotta.
Waldoboro
Waldoboro is approximately 7 miles northeast from Damariscotta. The real estate prices there are significantly less expensive. The median home in Waldoboro costs $180,300, which works out to $108,000 (59%) lower than Damariscotta. The rent there is substantially less expensive. The median rent in Waldoboro is $342 per month, which works out to $510 (149%) lower than Damariscotta.
Boothbay Harbor
Boothbay Harbor is approximately 11 miles south of Damariscotta. Real estate prices there are somewhat less expensive. The price of the median home in Boothbay Harbor is $223,300, which works out to $65,000 (29%) lower than Damariscotta. Rent there is a little less expensive. The median monthly rent in Boothbay Harbor is $692, which is $160 (23%) lower than Damariscotta.
Richmond
Richmond is approximately 13 miles northwest from Damariscotta. Its housing prices are a lot less expensive. Richmond's median home price is $164,100, which is $124,200 (75%) lower than Damariscotta. Rent there is a little less expensive. In Richmond the median monthly rent is $717, which comes out to $135 (18%) lower than Damariscotta.
