The story of this market
The typical home in ZIP 04029 sells for about $562,066, or $283 per square foot.
Prices are up +2% from a year ago, so sellers still have some momentum. Homes take about 43 days to sell. HUD's fair market rent for a two-bedroom is $1,533 a month.
ZIP 04029 — Sebago
The housing market in the Sebago area (04029) reflects broader trends within Cumberland County, where median home values have seen modest year-over-year growth. Market metrics for the specific ZIP code are limited, with county-level data indicating a stable but competitive environment for buyers. Current conditions are driven by regional inventory constraints and steady demand across the Portland-South Portland metro area.
Median prices moved up 2.0% year over year.
Homes spend a median of 43 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.4% · poverty 13.6% — a stable, low-distress profile.
ZCTA 04029, Cumberland County, Maine
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.
not determinable
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.