Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Fryeburg

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

Median Home$268,600
Median Rent$893/month
Population1,495
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services21% arts, food & hospitality
Home Value Growth⬆⬆⬆+33.9% over 2 years
Young Adults38% of residentstop 4% nationally
Homeowners83% of occupied units
NotableHighly Educated32% bachelor's · 22% graduate · top 6% nationally
NotableTransit80/100 · excellent transit access
Fryeburg
ME

Frequently Asked Questions

What are today's mortgage rates in Fryeburg?

As of today, the 30-year fixed mortgage rate for Fryeburg is approximately 6.842% (6.876% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Fryeburg
What is the median home price in Fryeburg?

The median home value in Fryeburg is $269k. The median monthly rent is $893. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fryeburg?

Home values in Fryeburg have increased 33.9% 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 Fryeburg?

Based on a typical all-in ownership cost of $1,027/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fryeburg is $56k/year.

Calculate your buying power
What industries drive the economy in Fryeburg?

The largest employment sectors in Fryeburg are healthcare (24%) and arts, food, and hospitality (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.