The story of this market
The typical home in ZIP 04260 sells for about $316,800, or $260 per square foot.
Prices are down 5.4% from a year ago, which gives buyers more room to negotiate. Homes take about 30 days to sell. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 04260 — New Gloucester
The housing market in 04260 is experiencing a cooling phase characterized by slowing sales volume and price adjustments. Rising mortgage costs and limited inventory are creating a challenging environment for buyers, leading to a shift in market power. Investors remain active, but general market sentiment is cautious as price growth moderates.
Median prices moved down 5.4% year over year.
Homes spend a median of 30 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 5.1% · poverty 4.3% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 04260, 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 retrieved from US Census Bureau ZCTA 04260 profile.
- Spare Time Portland4.518.3 mi
- Seacoast Adventure4.510.9 mi
- FunZ Trampoline Park3.99.7 mi
- Pineland Farms4.75.1 mi
- Cumberland Fairgrounds4.511.1 mi
- Lost Valley Ski Area4.611.6 mi
- Oxbow Brewing Company - Oxford (Beer Garden)4.713.7 mi
- Oxford Plains Speedway4.515.7 mi
- Maine Wildlife Park4.63.6 mi
- Bradbury Mountain State Park4.77.8 mi
- Desert of Maine4.510.5 mi
- Lost Valley Ski Area4.611.6 mi
- Seacoast Adventure4.510.9 mi
- Moose Landing Marina4.514.3 mi
- Paul's Marina4.817.3 mi
- Long Lake Marina4.715 mi
- Long Beach Marina, Sebago Maine4.818.2 mi
- Pineland Farms4.75.1 mi
- Freeport Outlets4.512.6 mi
- The Willows Flea Market4.79.7 mi
- Shaw's4.112.5 mi
- Auburn Mall3.511.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.