The story of this market
The typical home in ZIP 04562 sells for about $546,999, or $336 per square foot.
Prices are up +1.4% from a year ago, so sellers still have some momentum. Homes take about 30 days to sell. HUD's fair market rent for a two-bedroom is $1,022 a month.
ZIP 04562 — Phippsburg
The Portland-South Portland market shows a median home value of $546,999 with a 1.4% year-over-year increase. Inventory remains tight at 2.7 months of supply, keeping upward pressure on prices as homes sell at 100.1% of list price. ZIP 04562 specifically reflects a small, predominantly owner-occupied community with high vacancy rates typical of seasonal coastal areas.
Median prices moved up 1.4% 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 1.5% · poverty 7.5% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 04562
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.
not determinable
- Monkey C Monkey Do4.614.6 mi
- Cook's Lobster & Ale House4.48.5 mi
- Boothbay Lobster Wharf4.511.1 mi
- Robinson's Wharf4.59.5 mi
- Boothbay Railway Village Museum4.713.3 mi
- Mae's Cafe & Bakery4.59.2 mi
- Coastal Maine Botanical Gardens4.910.5 mi
- Reid State Park4.84.6 mi
- Maine Maritime Museum4.88 mi
- Popham Beach State Park4.83.2 mi
- Maine State Aquarium4.110.3 mi
- Pemaquid Point Lighthouse4.816.4 mi
- Maine Maritime Museum4.88 mi
- Bowdoin College Museum of Art4.711.4 mi
- Boothbay Railway Village Museum4.713.3 mi
- Battery Steele4.519.6 mi
- Coastal Maine Botanical Gardens4.910.5 mi
- Reid State Park4.84.6 mi
- Popham Beach State Park4.83.2 mi
- Cliff Trail4.76.4 mi
- Giant's Stairs and McIntosh Lot Preserve4.79.1 mi
- Paul's Marina4.810 mi
- Brunswick Golf Club4.612.9 mi
- Boothbay Harbor Country Club4.611.9 mi
- The Bath Golf Club3.911.4 mi
- Boothbay Lobster Wharf4.511.1 mi
- Shaw's49.1 mi
- T.J. Maxx4.39.9 mi
- Shaw's4.110.3 mi
- Renys Department Store4.69.4 mi
- Portland International Jetport4.425.7 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.