The story of this market
The typical home in ZIP 04101 sells for about $745,000, or $515 per square foot.
Homes take about 46 days to sell. HUD's fair market rent for a two-bedroom is $1,566 a month.
ZIP 04101 — Portland
The 04101 housing market is characterized by a median listing price of $745,000 and steady rental demand. While the area remains a key urban hub, investors should be mindful of vacancy rates and management requirements.
This ZIP is best suited for local operators and investors who understand the specific management intensity and vacancy dynamics of the Portland urban core.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 46 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 2.9% · poverty 17.5% — a stable, low-distress profile.
ZCTA 04101, 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.
The rental market shows steady demand with a median rent of $2,295 per month, though an 8.8% vacancy rate may signal some softening in demand.
The local economy is anchored by the Portland urban core, featuring a mix of tourism, maritime, and professional services industries.
Data sourced from US Census Bureau ZCTA profiles.
Notable for its waterfront access and distinct residential character.
The primary commercial and cultural hub of the city.
Known for historic architecture and residential density.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.