The story of this market
The typical home in ZIP 04967 sells for about $145,200, or $105 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $825 a month.
ZIP 04967 — Pittsfield
The housing market in 04967 remains stable with low inventory and modest price appreciation. Demand is driven by local residents and those seeking affordable rural living, though limited sales volume keeps the market quiet.
This ZIP is well-suited for families and individuals seeking an affordable, rural-suburban lifestyle with access to central Maine's natural amenities.
Median prices moved up 2.1% year over year.
Homes spend a median of 88 days on market with 5.5 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 4.0% · poverty 15.5% — 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 2.9%/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 2.7%/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 04967, Somerset County ME
Crime rates in Pittsfield are generally lower than the national average, with property crime being the most frequently reported incident type.
Schools serving the area are part of RSU 53, which provides standard public education services for the region.
The area faces moderate risks related to winter weather and seasonal flooding near local water bodies, consistent with central Maine climate patterns.
Economic momentum is driven by local manufacturing and healthcare services, with steady but modest development activity.
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 via I-95 toward regional employment hubs like Bangor or Waterville.
The area features access to the Sebasticook River, local parks, and proximity to outdoor recreational trails common in the Maine Highlands region.
The rental market is characterized by low inventory and stable demand, with limited turnover in the existing housing stock.
The local economy is anchored by manufacturing, education, and healthcare sectors, serving as a regional hub for central Somerset County.
Transportation is dominated by private vehicle use, with I-95 serving as the primary artery for regional connectivity.
Development is focused on maintaining existing infrastructure and supporting small-scale commercial growth along the main corridors.
The Somerset County assessment regime relies on municipal-level valuations adjusted by state-mandated ratios.
Parcels are subject to RSU 53 school district taxes and municipal service levies.
Property insurance premiums are influenced by regional wildfire and winter storm risk profiles typical of Maine.
Maine experiences modest net domestic migration, with interest in rural areas like Pittsfield driven by remote work trends.
Maine is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a property disclosure statement covering known material defects.
Data retrieved from US 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.
Provides local fishing, boating, and scenic views.
Historic private boarding and day school serving the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.