The story of this market
The typical home in ZIP 04930 sells for about $235,000, or $155 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 47 days to sell. HUD's fair market rent for a two-bedroom is $848 a month.
ZIP 04930 — Dexter
The Fairfield housing market remains stable with solid affordability, evidenced by a median listing price of $235,000. Demand is supported by local employment and proximity to Waterville, though inventory remains tight. Market conditions are currently balanced, favoring steady, long-term value growth.
Fairfield is well-suited for families and local workers seeking affordable housing options and a quiet, community-oriented lifestyle within reach of larger employment centers.
Median prices moved up 2.5% year over year.
Homes spend a median of 47 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 2.8% · poverty 21.9% — 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 7.3%/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 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 04930, Somerset County ME
Crime rates in Fairfield are generally low and consistent with rural Somerset County trends, remaining well below national averages.
Schools serving the area are part of the local district, generally characterized by stable performance and community-focused educational environments.
The area is subject to seasonal weather risks including heavy winter snow and potential spring flooding along the Kennebec River corridor.
Economic momentum is driven by local manufacturing and service sectors, with proximity to Waterville providing additional employment and infrastructure access.
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 is primarily car-dependent, with residents utilizing local routes to access employment hubs in Waterville and the broader central Maine region.
The area offers access to the Kennebec River for boating and fishing, along with local parks and trails suitable for outdoor recreation.
The rental market is characterized by steady demand and limited inventory, with rents reflecting the town's affordability relative to larger Maine hubs.
The local economy is anchored by manufacturing, education, and healthcare services, with significant employment ties to the neighboring city of Waterville.
Transportation is primarily served by state highways and local roads, with limited public transit options available for regional commuting.
Development is focused on maintaining existing infrastructure and supporting small-scale residential growth within the town's established boundaries.
The Somerset County assessment regime follows state-mandated guidelines for property valuation and tax administration.
Parcels are subject to local school district taxes and municipal service assessments.
Property insurance premiums are influenced by regional climate risks, including winter storm exposure and flood zones near the river.
Data retrieved from Census Bureau 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.
- Anglers Restaurant4.415.7 mi
- Bear's Den Restaurant & Tavern / Log Cabin Motel4.110 mi
- Pat's Pizza Dover-Foxcroft4.19.8 mi
- Newport Entertainment Center (N.E.C's)3.914.4 mi
- Center Theatre4.89.8 mi
- Historic Low's Covered Bridge4.78.9 mi
- Center Theatre4.89.8 mi
- Historic Low's Covered Bridge4.78.9 mi
- Shaw's4.39.4 mi
- Reny's Department Store4.51.7 mi
- Bangor International Airport4.328.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major river providing recreational fishing and boating access.
Local green spaces providing community recreation and sports facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.