The story of this market
The typical home in ZIP 04096 sells for about $475,000, or $285 per square foot.
Prices are up +3.3% from a year ago, so sellers still have some momentum. Homes take about 72 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,693 a month.
ZIP 04096 — Yarmouth
The 04096 housing market remains highly competitive, characterized by low inventory and steady price appreciation. Strong demand from families and professionals, coupled with the area's high quality of life and proximity to Portland, continues to drive market activity despite limited supply.
This ZIP is ideal for families and professionals seeking a high quality of life, excellent schools, and a coastal community feel while remaining within a short commute of Portland.
Median prices moved up 3.3% year over year.
Homes spend a median of 72 days on market with 2.7 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 100.1% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.4% · poverty 10.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 04096, Cumberland County ME
The area is served by the Yarmouth School Department, which is generally characterized by high-performing public schools with strong community support.
The region faces standard coastal Maine climate risks, including winter storm exposure and potential flood risks in low-lying areas near the Royal River and Casco Bay.
Economic momentum is driven by proximity to the Portland metro area, with local growth focused on residential development and small-scale commercial expansion in the Yarmouth village center.
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 primarily commute via I-295, providing a direct and efficient corridor to the Portland employment core, typically taking 15-20 minutes.
The area features extensive access to Casco Bay, the Royal River Park trail system, and several local golf courses, with diverse shopping and dining options in Yarmouth village.
The rental market is tight with low vacancy pressure, driven by high demand for coastal living and limited new multi-family inventory.
The economy is anchored by education, healthcare, and professional services, with strong ties to the broader Portland-South Portland labor market.
The area is served by I-295 and local bus routes connecting to Portland, with limited public transit options compared to the urban core.
Development is focused on moderate residential infill and preservation of the historic village character.
Parcels are subject to municipal taxes and the Yarmouth School Department district levies.
Property insurance premiums are stable but reflect regional risks associated with coastal storms and winter weather.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Features scenic walking trails along the river.
Historic downtown area with local boutiques and restaurants.
Provides extensive boating and coastal access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.