College Street District, Lewiston, ME — Neighborhood Real Estate Insights 2026
Neighborhood Overview
The College Street District is a vibrant neighborhood in Lewiston, known for its proximity to local colleges and universities. It features a mix of student housing, single-family homes, and small apartment buildings. The area is lively and diverse, attracting students, young professionals, and investors seeking rental properties with strong demand.
Residents enjoy access to educational institutions, cafes, shops, and public transit, making College Street convenient and highly accessible.
Housing Market Trends (2016–2025)
Over the past decade, the College Street District has seen steady growth in property values. Median home prices increased from $140,000 in 2016 to approximately $200,000 in 2025. Price per square foot rose from $110 to $150, reflecting continued demand for student-friendly and rental properties.
- Average days on market: 45–60, showing consistent interest from investors and buyers.
- Strong rental market due to nearby colleges and universities.
- Frequent renovations and property upgrades enhance value and rental potential.
Housing Stock & Typology
- Single-family homes (~50%), duplexes (~30%), and small apartment buildings (~20%).
- Lot sizes: 0.05–0.2 acres, urban parcels suitable for compact residential use.
- Construction dates: mostly 1900–1970, with modern renovations and some infill developments.
- Architectural styles: Colonial, Victorian, and brick multi-family structures.
The area is ideal for investors targeting rental demand from students and young professionals, as well as for first-time buyers seeking urban living.
Price Metrics & Conversion to $/m²
| Unit Type | Median $/ft² | Converted $/m² | Notes |
|---|---|---|---|
| Renovated homes | $150 | ≈$1,615 | Updated interiors, well-suited for rentals |
| Standard single-family | $135 | ≈$1,450 | Good condition, minor renovations needed |
| Duplex / multi-unit buildings | $145 | ≈$1,560 | High rental demand, solid ROI potential |
Safety & Community Infrastructure
The College Street District has moderate safety levels, with higher foot traffic and student activity contributing to a lively environment. Streets are well-lit and sidewalks are maintained. Essential services and public transportation are easily accessible.
- Schools & Colleges: Proximity to higher education institutions ensures strong rental demand.
- Parks & Recreation: Small urban parks and recreational areas available.
- Shopping & Services: Cafes, grocery stores, and convenience shops are within walking distance.
- Transportation: Walkable streets with public transit access and easy vehicle connectivity to downtown Lewiston.
Market Dynamics & Investment Opportunities
- Strong Rental Demand: Student and young professional population drives consistent rental income.
- Moderate Appreciation: Steady property value growth ensures long-term investment security.
- Renovation Potential: Older homes offer opportunities for modernization and higher rents.
- Urban Convenience: Central location makes properties attractive for owner-occupiers seeking city living.
Neighborhood Snapshot — Median Prices & Safety
| Sub-area | Median Price | Price $/m² | Safety / Notes |
|---|---|---|---|
| College Street Central | $200k–$220k | $2,050–$2,260 / m² | Urban core, moderate safety, strong rental demand |
| Peripheral College Street | $180k–$200k | $1,940–$2,050 / m² | Lower density, good for renovation and rental investment |
| Multi-unit Investment Pockets | $190k–$210k | $1,940–$2,260 / m² | Duplexes and small apartment buildings with high ROI potential |
Recommendations for Buyers & Investors
- Investors: Focus on duplexes or multi-unit buildings for reliable rental income.
- First-time Buyers: Consider central single-family homes for urban living convenience.
- Long-term Owners: Steady appreciation and proximity to educational institutions make College Street a solid choice.