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, ME

ZIP 04029 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 04029

Median Home Value
$272,900
Median Rent
$1,063
Affordability Snapshot
$75,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,753/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.8x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

21.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 04029 in ME, a household would need roughly $75,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,753. That is roughly in line with the local median household income ($71,845). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 44% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
85.8%+31% vs US avg
x
Vacancy Rate
43.8%+325% vs US avg
x
Broadband Access
88.8%+2% vs US avg
x
4+ Bedrooms
3.6%-76% vs US avg
x
Built Pre-1939
4.8%-63% vs US avg
x
Built Post-2014
1.3%-81% vs US avg
x
Rent Burden >30%
15.8%-68% vs US avg
x
Mortgage-Free
38.8%+2% vs US avg
x
$272,900
Home Value
$1,063
Rent
1972
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached85.2%
  • 1-unit attached0.2%
  • 2-9 units4.8%
  • 10+ units0.0%
  • Mobile home & other9.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$272,900
Median rent$1,063
Owner-occupied85.8%
Vacant43.8%
Price-to-income3.8x
Est. income to buy$75,000