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, ME

ZIP 04216 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 04216

Median Home Value
$157,800
Median Rent
$650
Affordability Snapshot
$43,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,014/mo PITI).

17%
Rent-to-Income Ratio

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

3.5x
Home Price-to-Income Ratio

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

20.2 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 04216 in ME, a household would need roughly $43,000 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 $1,014. That is roughly in line with the local median household income ($44,583). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 55% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
93.3%+43% vs US avg
x
Vacancy Rate
55.4%+437% vs US avg
x
Broadband Access
82.3%-5% vs US avg
x
4+ Bedrooms
5.5%-63% vs US avg
x
Built Pre-1939
1.8%-86% vs US avg
x
Built Post-2014
0.5%-92% vs US avg
x
Rent Burden >30%
35.3%-29% vs US avg
x
Mortgage-Free
58.6%+54% vs US avg
x
$157,800
Home Value
$650
Rent
1977
Year Built
2005
Moved In

Residents have lived here since ~2005 on average

Housing Structure

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

  • 1-unit detached89.1%
  • 1-unit attached1.1%
  • 2-9 units0.0%
  • 10+ units0.7%
  • Mobile home & other9.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$157,800
Median rent$650
Owner-occupied93.3%
Vacant55.4%
Price-to-income3.5x
Est. income to buy$43,000