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Castine

Learn about the people, housing, costs and businesses in Castine, Maine

Median Home$403,200
Median Rent$1,125/month
Population1,039
Leading IndustriesEducation · Arts, Food & Hospitality · Healthcare4% education
Home Value Growth⬆⬆⬆+39.3% over 2 years
Retirees30% of residentswell above average
Homeowners83% of occupied units
NotableHighly Educated32% bachelor's · 18% graduate · top 6% nationally
Castine
ME

Frequently Asked Questions

What are today's mortgage rates in Castine?

As of today, the 30-year fixed mortgage rate for Castine is approximately 6.841% (6.875% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Castine?

The median home value in Castine is $403k. The median monthly rent is $1,125. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Castine?

Home values in Castine have increased 39.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Castine?

Based on a typical all-in ownership cost of $1,081/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Castine is $74k/year.

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What industries drive the economy in Castine?

The largest employment sectors in Castine are public administration (30%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.