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, ME

ZIP 04351 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 04351

Median Home Value
$284,700
Median Rent
$949
Affordability Snapshot
$78,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,829/mo PITI).

13%
Rent-to-Income Ratio

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

3.2x
Home Price-to-Income Ratio

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

25.0 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 04351 in ME, a household would need roughly $78,000 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 $1,829. That sits below the local median household income ($89,453), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 16% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
81.8%+25% vs US avg
x
Vacancy Rate
16.0%+55% vs US avg
x
Broadband Access
95.2%+9% vs US avg
x
4+ Bedrooms
4.2%-71% vs US avg
x
Built Pre-1939
3.3%-74% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
4.9%-90% vs US avg
x
Mortgage-Free
34.4%-10% vs US avg
x
$284,700
Home Value
$949
Rent
1977
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached77.1%
  • 1-unit attached1.6%
  • 2-9 units14.4%
  • 10+ units1.4%
  • Mobile home & other5.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$284,700
Median rent$949
Owner-occupied81.8%
Vacant16.0%
Price-to-income3.2x
Est. income to buy$78,000