The story of this market
The typical home in ZIP 04548 sells for about $450,000, or $285 per square foot.
Prices are up +3.5% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,431 a month.
ZIP 04548 — Georgetown
The housing market in 04548 remains stable with low inventory and steady demand from buyers seeking coastal property. Prices have seen modest growth, though the limited supply continues to keep days on market relatively low for well-priced homes.
This area is best suited for families and remote workers seeking a quiet coastal lifestyle, as well as downsizers looking for community-oriented living away from the urban core.
Median prices moved up 3.5% year over year.
Homes spend a median of 42 days on market with 3.2 months of supply — a fast-moving market.
12% 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 3.5% · poverty 6.3% — 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 6.1%/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 4.8%/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 04548, Cumberland County ME
Crime rates in this area are generally low and consistent with rural coastal Maine, remaining well below national averages.
Schools serving this area are part of the local regional district and are generally well-regarded for small class sizes and community engagement.
The area faces moderate risks from coastal storm surges and winter wind events, with standard flood insurance requirements for properties near the shoreline.
Economic momentum is driven by tourism, local maritime industries, and a growing remote-work population, with limited new large-scale infrastructure projects.
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.
Commuting to the Portland employment core typically requires a 30-45 minute drive via coastal routes or I-295, with limited public transit options.
The area offers extensive access to coastal trails, local parks, and boating facilities, with small-scale shopping and dining concentrated in the village center.
The rental market is tight with low vacancy rates, heavily influenced by seasonal demand and a limited supply of year-round housing stock.
The local economy is anchored by maritime services, small-scale tourism, and professional services, with many residents commuting to the greater Portland metro area.
Transportation is heavily reliant on private vehicles, with major access provided by state routes connecting to the I-295 corridor.
Development is strictly managed by local zoning to preserve the rural and coastal character of the peninsula.
The county appraisal district conducts periodic revaluations to ensure assessments align with current market values.
Parcels are subject to local municipal taxes and regional school district levies.
Property insurance premiums are rising due to increased coastal hazard exposure and regional climate trends.
The state continues to see net positive domestic migration, particularly from other New England states.
Maine is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a property disclosure statement covering known defects, though the state is generally caveat emptor.
Data retrieved from 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.
- Monkey C Monkey Do4.610.7 mi
- Cook's Lobster & Ale House4.413.4 mi
- Boothbay Lobster Wharf4.56.1 mi
- Robinson's Wharf4.54.5 mi
- Boothbay Railway Village Museum4.78.3 mi
- Mae's Cafe & Bakery4.57.5 mi
- Coastal Maine Botanical Gardens4.95.5 mi
- Pemaquid Point Lighthouse4.811.7 mi
- Reid State Park4.83 mi
- Maine Maritime Museum4.86.4 mi
- Popham Beach State Park4.86.4 mi
- Pemaquid Point Lighthouse4.811.7 mi
- Maine Maritime Museum4.86.4 mi
- Bowdoin College Museum of Art4.712.7 mi
- Boothbay Railway Village Museum4.78.3 mi
- Peary-MacMillan Arctic Museum4.712.6 mi
- Coastal Maine Botanical Gardens4.95.5 mi
- Pemaquid Point Lighthouse4.811.7 mi
- Reid State Park4.83 mi
- Popham Beach State Park4.86.4 mi
- Cliff Trail4.710.1 mi
- Paul's Marina4.813.5 mi
- Boothbay Harbor Country Club4.66.8 mi
- The Bath Golf Club3.910.1 mi
- Boothbay Lobster Wharf4.56.1 mi
- Shaw's47.7 mi
- T.J. Maxx4.310.7 mi
- Shaw's4.110.8 mi
- Shaw's4.111.1 mi
- Portland International Jetport4.430.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Public access point for boating and coastal views.
Protected coastal land with hiking trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.