The story of this market
The typical home in ZIP 04024 sells for about $440,000, or $133 per square foot.
Prices are up +2.6% from a year ago, so sellers still have some momentum. Homes take about 6 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,500 a month.
ZIP 04024 — Baldwin
The housing market in 04024 remains tight with very low inventory, mirroring the competitive conditions seen across the broader Cumberland County region. While prices have stabilized, the limited supply of homes continues to drive high sale-to-list ratios and quick market times for available properties. County-level data indicates a resilient market with steady year-over-year price growth.
This ZIP is best suited for buyers seeking rural, quiet living and outdoor access, as well as those comfortable with a longer commute to the Portland metro area.
Median prices moved up 2.6% year over year.
Homes spend a median of 6 days on market with 2.3 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 101.3% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 10.1% · poverty 10.7% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 04024, Cumberland County ME
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maine) — Maine Resident Homestead Property Tax Exemption: Provides a reduction in the valuation of the homestead for property tax purposes. The exemption amount is set by state statute (currently $25,000 of the just value of the property). The formula is: (Just Value - Homestead Exemption) * Local Tax Rate = Tax Due.
Residents typically rely on personal vehicles for commuting, with travel times to the Portland employment core averaging over 45 minutes.
The area features rural access to outdoor activities including hiking, fishing, and proximity to local lakes and forests.
The rental market is limited in depth, primarily consisting of single-family home rentals with low turnover.
The local economy is largely rural and service-oriented, with many residents commuting to the broader Portland-South Portland metropolitan area for employment.
Transportation is heavily dependent on private vehicle use via state routes; public transit options are not available in this rural ZIP.
Parcels are served by local school districts and municipal utility services typical of rural Maine townships.
Property insurance premiums are influenced by rural fire protection ratings and regional climate risks.
Data retrieved from census.gov and incomebyzipcode.com
- Seacoast Adventure4.511.5 mi
- Fryeburg Fair4.619.6 mi
- Cumberland Fairgrounds4.519.7 mi
- Stone Mountain Arts Center4.814 mi
- Junction Bowl4.216.4 mi
- Gary's Olde Towne Tavern4.210.1 mi
- Sebago Lake State Park Campground4.68.2 mi
- Seacoast Adventure4.511.5 mi
- Smitty's Entertainment - Windham4.212.1 mi
- Tassel Top Park4.611 mi
- Historic Babb's Covered Bridge4.712.7 mi
- Historic Babb's Covered Bridge4.712.7 mi
- Sabbathday Lake Shaker Village4.618.8 mi
- Historic Parsonsfield-Porter Covered Bridge4.313.2 mi
- Sebago Lake State Park Campground4.68.2 mi
- Sebago Lake State Park-Day Use Area4.87.6 mi
- Tassel Top Park4.611 mi
- Hacker's Hill Preserve4.911.8 mi
- Donnabeth Lippman Park4.611.9 mi
- Moose Landing Marina4.510.1 mi
- Long Lake Marina4.710 mi
- Long Beach Marina, Sebago Maine4.82.9 mi
- Point Sebago Golf Course4.39.1 mi
- Marshalls4.412 mi
- Shaw's4.111.9 mi
- Renys Department Store4.512 mi
- Windham Mall4.112 mi
- Portland International Jetport4.422.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large recreational lake providing boating, fishing, and swimming opportunities nearby.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.