The story of this market
The typical home in ZIP 04990 sells for about $369,900, or $215 per square foot.
Prices are up +2.1% 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 $1,450 a month.
ZIP 04990
The housing market in 04901 remains stable with moderate price appreciation and low inventory levels. Demand is supported by local employment stability, though higher interest rates have tempered the pace of sales compared to previous years.
This area is well-suited for families and local workers seeking a suburban lifestyle with proximity to regional employment centers and outdoor recreation.
Median prices moved up 2.1% 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 3.8% · poverty 10.8% — 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 9.8%/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 8.3%/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 04901, Kennebec County, Maine
Crime rates in the area remain relatively low compared to national averages, with property crime being the primary concern in the region.
Public schools serving the area are generally rated as average, with local districts focusing on community-based educational outcomes.
The area faces moderate risks related to winter weather and seasonal flooding near the Kennebec and Sebasticook rivers, with standard insurance coverage typically available.
Economic momentum is driven by local manufacturing and service sectors, with steady infrastructure maintenance and limited large-scale new 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.
Commuters primarily rely on personal vehicles for travel to nearby employment hubs like Waterville and Augusta via U.S. Route 201.
The area offers access to riverfront parks, local trails, and proximity to regional shopping and dining districts in the Waterville-Winslow corridor.
The rental market is tight with low vacancy rates, driven by demand from local workers and limited new multi-family construction.
The local economy is anchored by healthcare, education, and manufacturing sectors, with significant employment ties to the neighboring Waterville area.
Transportation is primarily highway-based, with U.S. Route 201 serving as the main artery for regional connectivity.
Development is focused on small-scale residential infill and municipal infrastructure improvements.
The Kennebec County assessment regime relies on periodic revaluations to maintain equitable property tax distribution.
Parcels are subject to municipal property taxes and regional school district levies.
Property insurance remains stable, though premiums are influenced by regional climate risks and proximity to flood-prone areas.
Maine has experienced modest net domestic migration gains, driven by individuals seeking lower costs of living and lifestyle changes.
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 Census Bureau ACS 2024 5-year tables for ZCTA 04901.
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.
- Taylor Park Trading Post4.42.2 mi
- Gunnison National Forest4.811.4 mi
- Denny Creek Trailhead4.810.9 mi
- Silver Plume Rentals512.7 mi
- St. Elmo, CO4.712 mi
- Taylor Park Trading Post4.42.2 mi
- Gunnison National Forest4.811.4 mi
- Denny Creek Trailhead4.810.9 mi
- Cottonwood Pass57.1 mi
- Taylor Park Marina4.83.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides scenic views and recreational boating access.
Historic site featuring walking paths and river access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.