The story of this market
The typical home in ZIP 04981 sells for about $378,631, or $224 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $1,290 a month.
ZIP 04981 — Stockton Springs
The housing market in 04981 is characterized by low inventory and moderate price growth, reflecting the broader rural Maine market. High vacancy rates and limited rental depth suggest a market driven primarily by owner-occupants rather than investors. Current conditions remain stable with limited new development activity.
This ZIP is best suited for retirees, remote workers, and families seeking a quiet, rural coastal lifestyle with access to outdoor recreation.
Median prices moved up 2.1% year over year.
Homes spend a median of 57 days on market with 6.2 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 5.2% · poverty 12.0% — 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 8.3%/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 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 04981, Waldo County, Maine
Crime rates in Stockton Springs are generally low and consistent with rural Maine, with no significant upward trends reported.
Schools serving the area are part of the regional district, generally characterized by small class sizes and community-focused educational environments.
The area faces standard coastal Maine risks, including winter storm exposure and potential flood risks for properties located near the Penobscot Bay shoreline.
Economic momentum is modest, driven by local tourism, small-scale services, and proximity to regional hubs like Belfast and Bangor.
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 typically requires a personal vehicle, with residents driving to employment centers in Belfast or Bangor via US Route 1.
The area features significant outdoor amenities including Fort Point State Park, coastal access at Cape Jellison, and various local hiking trails.
The rental market is characterized by limited inventory and high vacancy rates, with few large-scale multi-family developments.
The local economy is primarily supported by small businesses, tourism, and regional employment in education and healthcare.
Transportation is heavily reliant on private vehicles; public transit options are minimal in this rural coastal region.
There are no major large-scale commercial or residential developments currently under construction in the ZIP.
The Waldo County assessment regime relies on municipal-level property valuations conducted periodically for tax purposes.
Parcels are subject to municipal taxes and regional school district assessments.
Property insurance premiums are influenced by coastal proximity and winter weather risks common to the Maine coast.
Maine has experienced modest net domestic migration gains, particularly from urban areas in the Northeast.
Maine is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Maine law requires sellers to provide a property disclosure statement regarding the condition of the home.
Data retrieved from US Census Bureau ACS tables for ZCTA 04981.
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.
Features the historic Fort Point Light and scenic coastal views.
Provides public access to the Penobscot Bay waterfront.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.