Belgrade, Maine.
Typical home $407,534 (+0.2% in a year). Augusta-Waterville, ME metro.
to buy the typical home at today's mortgage rate — +$1,273 (+147%) since Jan 2020.
- 1 year
- Up $881 +0%
- $406,653$407,534 since Sep 2025
- 5 years
- Up $73,422 +22%
- $334,112$407,534 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Belgrade$2,139
- Maine$2,162
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in Belgrade, ME rose 0.2% over the past year — slower than the nation's +1.2%.
Living in Belgrade, Kennebec County, Maine
Belgrade is a town of 3,250 people in Kennebec County. Half its households earn more than $88,338 a year and half less, against $69,077 across Kennebec County; 3% of its people live below the poverty line. 94% of its homes are lived in by their owners and 6% are rented. Unemployment in Kennebec County was 3.2% in August 2026, and the county had 0.3% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Belgrade is a small Maine town in Kennebec County where nearly everyone owns the home they live in, a far higher share of owners than is usual. Household incomes run well above the county's, and few residents live below the poverty line. Winters are cold, with January the coldest month and plenty of snow, while July brings pleasantly warm days, and precipitation is steady through the year.
Work. Many residents work in schools, hospitals and social care, with others in manufacturing, professional and business services, and the building trades. Across Kennebec County, the biggest employers include Mainegeneral Medical Center, Colby College and Central Maine Power Company. Unemployment across the county is a little higher than a year ago, and the county has lost a few jobs, while a good number of residents work from home and a large share of adults hold a four-year degree.
Things to do. Great Pond lies in or beside town, and the Camp Modin grounds are there as well. A short drive away are Messalonskee Lake and Stream and the Colby College Museum of Art. Fort Western, a historic fort, is a longer drive away.
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- 1,377households
- 49%of adults have a degree
- 3%below the poverty line
- 23 mintypical commute
- 20%work from home
What residents work in
Employed residents by industry, from the Census survey. Kennebec County had 62,270 jobs in 2025, 0.3% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 28° and lows near 9°; warmest in July, with highs near 80° and lows near 59°. About 43 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Waterville Trtmt Plt weather station, 9 miles away (NOAA).
Largest workplaces in Kennebec County
- Mainegeneral Medical CenterGeneral hospital3,267FTE
- Veterans Health AdministrationFederal government · Department of Veterans Affairs1,371
- Colby CollegeUniversity or college891
- Huhtamaki WatervilleFood containers made from molded pulp575
- Maine Drilling and BlastingBlasting, construction site575
- Central Maine Power CompanyDistribution of electric power515
- RSU 18 SchoolsSchool district498FTE
- University of Maine at AugustaUniversity or college481
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 110 workplaces with 20 or more staff, 15,227 people in all across the county; Belgrade has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023), federal offices from OPM's federal workforce data (2026), colleges from IPEDS (NCES, 2023–24) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherVery high
- Ice stormsVery high
- LightningRelatively high
- HurricanesRelatively moderate
- Inland floodingRelatively moderate
- DroughtRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Kennebec County, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Kennebec County and the Augusta-Waterville, ME metro.
Belgrade home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Belgrade$407,534
- Maine$412,002
- United States$366,157
Sellers are cutting prices on about 1 in 3 Belgrade listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Belgrade38.49%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Belgrade39
New listings per month
Sellers arriving at the market.
- Belgrade10
Zip codes with a Belgrade address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Belgrade — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.