The story of this market
The typical home in ZIP 04983 sells for about $342,500, or $265 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $920 a month.
ZIP 04983 — Strong
The housing market in 04983 is characterized by low inventory and slow turnover, typical of rural Maine. Prices have seen modest appreciation, driven by limited supply rather than high demand, keeping the market stable but quiet.
This ZIP is best suited for outdoor enthusiasts, retirees, and families seeking a quiet, rural lifestyle with affordable housing options compared to coastal Maine.
Median prices moved up 4.2% year over year.
Homes spend a median of 58 days on market with 7.0 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 1.6% · poverty 10.5% — 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 10.0%/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 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 04983, Franklin County, ME
Crime rates in the Strong area are generally low and consistent with rural Maine, with property crime being the primary concern rather than violent crime.
Schools serving the area are part of regional administrative units, generally characterized by small class sizes and limited extracurricular offerings compared to urban districts.
The area faces moderate risks from winter storms and seasonal flooding near the Sandy River, with standard wildfire risk typical of heavily forested regions in Maine.
Economic momentum is slow, driven primarily by local forestry, small-scale agriculture, and tourism, with limited large-scale industrial or commercial development.
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 often traveling to Farmington or larger regional hubs for employment via state routes.
The area offers extensive access to outdoor recreation, including snowmobiling, hiking trails, and proximity to the Sandy River for fishing and boating.
The rental market is tight with very low inventory, primarily consisting of single-family homes or small multi-family conversions, with little new purpose-built rental supply.
The local economy is anchored by small businesses, forestry, and regional services, with many residents commuting to nearby Farmington for larger employment opportunities.
Public transit is non-existent; the area relies entirely on private vehicle transportation via state highway corridors.
There are no major large-scale commercial or residential developments currently in the pipeline for this rural ZIP code.
The Franklin County assessment regime relies on municipal assessors to determine property values for tax purposes.
Parcels are subject to local municipal taxes and regional school district assessments.
Property insurance premiums are rising due to increased costs for wildfire and winter storm coverage in rural Maine.
Maine is a judicial foreclosure state, requiring court action to complete 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 data.census.gov for ZCTA 04983.
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 opportunities for fishing, kayaking, and scenic views.
Community space for local gatherings and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.