The story of this market
The typical home in ZIP 04098 sells for about $545,000, or $168 per square foot.
Prices are roughly flat from a year ago (-0.4%), a market in balance. Homes take about 43 days to sell. HUD's fair market rent for a two-bedroom is $2,353 a month.
ZIP 04098 — Westbrook
Market data for ZIP 04098 is not specifically published in the provided sources. Regional metrics for the Portland-South Portland CBSA indicate a median price change of -0.4% and a median time on market of 43 days as of mid-2026.
Median prices moved down 0.4% year over year.
Homes spend a median of 43 days on market with 3.2 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
Awaiting this reading — not graded.
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.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.