The story of this market
The typical home in ZIP 04921 sells for about $295,000, or $165 per square foot.
Prices are down 2.4% from a year ago, which gives buyers more room to negotiate. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $1,039 a month.
ZIP 04921 — Brooks
The housing market in 04921 is characterized by low inventory and slow turnover, with prices reflecting the rural nature of the area. Market conditions remain challenging for generalist investors due to high maintenance needs and limited rental demand, leading to a cautious outlook.
This ZIP is best suited for disciplined investors or individuals seeking rural, low-cost living who are prepared for the challenges of maintaining older housing stock in a remote market.
Median prices moved down 2.4% year over year.
Homes spend a median of 58 days on market with 6.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.4% · poverty 17.4% — 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 8.2%/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 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 04921, Waldo County ME
Crime rates in the area are generally low and consistent with rural Maine, though specific localized data is limited.
Schools serving the area are part of the regional district, generally characterized by small class sizes and limited extracurricular offerings compared to urban centers.
The area faces moderate risks related to winter weather and seasonal flooding; property insurance premiums are influenced by regional wildfire and storm exposure.
Economic momentum is limited, with the local economy primarily supported by small-scale agriculture, forestry, and local services.
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.
Commutes are primarily car-dependent, with residents traveling to nearby regional hubs for employment; public transit options are not available.
The area offers access to rural outdoor activities including hiking, fishing, and local park spaces, with limited commercial shopping and dining options within a 3-mile radius.
The rental market is characterized by low inventory and high demand for affordable housing, with limited professional management presence.
The local economy is driven by small-scale agriculture, forestry, and local government services, with limited large-scale industrial presence.
Transportation is entirely reliant on private vehicles, with no public transit infrastructure serving the area.
There are no major commercial or residential developments currently approved or under construction in the ZIP.
Parcels are subject to local municipal and regional school district taxes.
Property insurance costs are rising due to regional climate risks and the age of the housing stock.
Maine is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a property disclosure statement regarding known defects, though the scope is limited compared to other states.
Data retrieved from ZCTA-level census 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.
- Common Ground Country Fair4.78.3 mi
- Anglers Restaurant4.418.8 mi
- Hey Sailor!4.612.2 mi
- Belfast Market4.811.2 mi
- Moose Point State Park4.712.5 mi
- Penobscot Marine Museum4.512.2 mi
- Belfast and Moosehead Lake Railroad4.510.3 mi
- Colonial Theatre4.611 mi
- Heritage Park4.611.1 mi
- Fort Knox and Penobscot Narrows Observatory4.815.8 mi
- Hey Sailor!4.612.2 mi
- Fort Point Lighthouse4.516.8 mi
- Penobscot Marine Museum4.512.2 mi
- Belfast Armistice Bridge4.810.7 mi
- Moose Point State Park4.712.5 mi
- Searsport Shores Ocean Campground4.612.7 mi
- The Rail Trail4.710.7 mi
- Heritage Park4.611.1 mi
- Swan Lake State Park4.57.2 mi
- The Club4.414.8 mi
- Reny's Department Store4.510.7 mi
- Chase's Daily4.611.1 mi
- Belfast Market4.811.2 mi
- Bangor International Airport4.322.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community green space.
Provides local fishing and recreational access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.