The story of this market
The typical home in ZIP 04957 sells for about $235,000, or $148 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,073 a month.
ZIP 04957 — Norridgewock
The housing market in 04957 remains stable with limited inventory and moderate price growth consistent with rural Maine trends. Demand is driven by local buyers seeking affordability, though the market is constrained by a lack of new construction and a high share of older housing stock.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with affordable housing options compared to larger Maine urban centers.
Median prices moved up 4.2% year over year.
Homes spend a median of 62 days on market with 5.8 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 19.6% — 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 6.4%/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 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 04957, Somerset County, Maine
Crime rates in Norridgewock are generally low and consistent with rural Somerset County trends, remaining well below national averages.
Schools serving the area are part of Maine School Administrative District 54, which provides standard rural public education services.
The area faces moderate risks related to seasonal flooding near the Kennebec River and typical New England winter weather impacts.
Economic momentum is modest, driven primarily by local manufacturing, agriculture, and regional services within the Somerset County corridor.
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 typically commute by car to employment hubs in Skowhegan or Waterville, with average travel times around 23.5 minutes.
The area offers significant outdoor access including the Kennebec River for boating and fishing, local snowmobile trails, and proximity to rural parks.
The rental market is characterized by low inventory and steady demand for single-family housing, with limited multi-family development.
The local economy is anchored by small-scale manufacturing, forestry, and agricultural operations, with many residents commuting to nearby Skowhegan.
Transportation is almost exclusively car-dependent, relying on state routes for regional connectivity.
Development is primarily focused on small-scale residential infill and maintenance of existing rural infrastructure.
Parcels are subject to municipal property taxes and local school district levies under MSAD 54.
Property insurance premiums are influenced by rural fire response times and regional weather-related hazard exposure.
Data retrieved from Census Reporter and US Census Bureau ZCTA profiles.
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.
- Waterville Opera House4.714.9 mi
- Skowhegan State Fairgrounds4.15.7 mi
- Silver Street Tavern & Restaurant4.314.9 mi
- Farmington Fair4.116.5 mi
- HOMESTEAD Kitchen Bar4.216.9 mi
- Quarry Road Trails4.712.2 mi
- French Mountain4.811.4 mi
- Pleasant Point Park4.510.8 mi
- Lake George Regional Park HQ4.611.5 mi
- Central Maine Family Fun Bowling Center4.36 mi
- Colby College Museum of Art4.813.1 mi
- Waterville Opera House4.714.9 mi
- Children's Discovery Museum4.313.9 mi
- Wire Bridge4.918.1 mi
- Two Cent Bridge4.614.9 mi
- Quarry Road Trails4.712.2 mi
- French Mountain4.811.4 mi
- Pleasant Point Park4.510.8 mi
- Lake George Regional Park HQ4.611.5 mi
- Messalonskee Stream Trail4.613 mi
- The Apple Farm4.86.4 mi
- Reny's Department Store4.66.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local access for fishing, boating, and recreational water activities.
A central community park offering river access and picnic facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.