The story of this market
The typical home in ZIP 04268 sells for about $700,000, or $325 per square foot.
Prices are up +3.7% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $770 a month.
ZIP 04268 — Norway
The housing market in 04268 shows steady appreciation and moderate inventory levels, reflecting a balanced environment for buyers and sellers. Demand remains supported by local economic stability and the area's appeal to long-term residents. Current figures are based on regional market reports and recent census data.
This ZIP is well-suited for families and professionals seeking a suburban environment with access to outdoor amenities. It is less ideal for those requiring high-frequency public transit or urban-density living.
Median prices moved up 3.7% year over year.
Homes spend a median of 48 days on market with 3.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 20.9% — 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 9.5%/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 9.7%/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 04268, York County ME
Crime rates in this area remain low relative to state averages, with property crime being the primary concern. Local law enforcement reports stable trends over the last three years.
Schools serving this ZIP are generally well-regarded, with several institutions maintaining high proficiency ratings in core subjects. The district is noted for strong community involvement and extracurricular programming.
The area faces moderate risk from seasonal wind events and localized flooding in low-lying zones. Insurance premiums have seen upward pressure due to regional climate-risk adjustments.
Economic momentum is driven by a mix of small-to-medium enterprises and proximity to regional employment hubs. Infrastructure investment is currently focused on road maintenance and utility grid hardening.
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 by private vehicle, with average travel times to the nearest employment core ranging from 30 to 45 minutes. Public transit options are limited, consisting mainly of regional bus connections.
The area features several community parks, walking trails, and access to local water bodies for seasonal recreation. Shopping and dining are concentrated in a central commercial district within a 3-mile radius.
The rental market is characterized by low vacancy rates and steady demand from long-term residents. Short-term rental activity is present but regulated by local ordinances to preserve neighborhood character.
The local economy is supported by a mix of healthcare, education, and professional services. Regional employment is bolstered by proximity to larger commercial centers.
Transportation infrastructure is primarily highway-based, with major corridors facilitating regional access. Transit options are limited to regional bus services.
Development is currently focused on small-scale residential infill and infrastructure maintenance. No major large-scale commercial projects are currently approved.
The county appraisal district conducts annual assessments based on market sales data. Property owners have the right to appeal valuations through a formal protest process.
Parcels are subject to school district, county, and municipal taxes. Some areas may also fall under specific utility or fire protection district levies.
Property insurance remains available, though premiums have increased in line with regional trends for coastal and wind-exposed areas.
The state has experienced consistent net domestic migration gains, driven by individuals relocating from higher-cost urban centers.
The state follows a judicial foreclosure process, requiring court intervention and providing specific notice periods for homeowners.
Sellers are required to provide a comprehensive disclosure statement regarding the condition of the property, including known defects and material facts.
Data retrieved from data.census.gov 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.
- FunZ Trampoline Park3.918.8 mi
- Lost Valley Ski Area4.613.7 mi
- Oxbow Brewing Company - Oxford (Beer Garden)4.76.8 mi
- Oxford Plains Speedway4.54.8 mi
- Fish Bones Grill4.617.8 mi
- Gary's Olde Towne Tavern4.216.9 mi
- Roberts Farm Preserve Trails4.81.5 mi
- Stars & Strikes Bowling Center4.61.9 mi
- McLaughlin Garden4.71.2 mi
- Snow Falls Rest Area4.76.4 mi
- Lake Pennesseewassee Park4.52.1 mi
- Maine Mineral and Gem Museum4.918.3 mi
- Mr. Drew Exotic Animal Education Center4.811.8 mi
- Sabbathday Lake Shaker Village4.617.8 mi
- Roberts Farm Preserve Trails4.81.5 mi
- Shepard's Farm Preserve4.81.4 mi
- Lake Pennesseewassee Park4.52.1 mi
- Crystal Lake Park4.79.8 mi
- Moore Park4.31.6 mi
- Moose Landing Marina4.517 mi
- Long Lake Marina4.717 mi
- Norway Country Club4.62.8 mi
- The Willows Flea Market4.710.8 mi
- Route 26 Antiques4.53.2 mi
- Future Foods4.210 mi
- Cornwall Shopping Center4.10.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features playgrounds, sports fields, and picnic areas.
Provides multi-use paths for hiking and cycling.
Includes local boutiques, grocery stores, and dining options.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.