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Sebago

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

Median Home$283,800
Median Rent$1,453/month
Population1,806
Leading IndustriesEducation · Wholesale Trade · Professional Services4% education
Home Value Growth+1.3% over 2 years
Retirees21% of residentsnear the national average
Homeowners89% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
Sebago
ME

Frequently Asked Questions

What are today's mortgage rates in Sebago?

As of today, the 30-year fixed mortgage rate for Sebago is approximately 6.907% (6.944% 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 Sebago?

The median home value in Sebago is $284k. The median monthly rent is $1,453. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sebago?

Home values in Sebago have increased 1.3% over the past two years. The market has been relatively stable. 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 Sebago?

Based on a typical all-in ownership cost of $1,148/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sebago is $71k/year.

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What industries drive the economy in Sebago?

The largest employment sectors in Sebago are public administration (20%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.