The story of this market
The typical home in ZIP 04097 sells for about $480,000, or $233 per square foot.
Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $1,708 a month.
ZIP 04097
The housing market in 04097 reflects a stable environment with a median home value of $480,000. Data for this specific ZIP code is limited, with most metrics currently unavailable or not determinable.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 44 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.9% · poverty 4.8% — a stable, low-distress profile.
ZCTA 04097, 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.
Data sourced from United States Zip Codes and IncomeByZipCode
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).