The 04005 housing market is very competitive. The median sale price of a home in 04005 was $510K last month, up 6.3% since last year. The median sale price per square foot in 04005 is $289, up 1.4% since last year.
In October 2024, 04005 home prices were up 6.3% compared to last year, selling for a median price of $510K. On average, homes in 04005 sell after 19 days on the market compared to 12 days last year. There were 73 homes sold in October this year, up from 64 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$510,000
+6.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
04005, ME
$510,000
+6.3%
United States
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How hot is the 04005 housing market?
04005 is very competitive. Homes sell in 26 days.
0
100
79
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 26 days.
Hot homes
can sell for about 4% above list price and go pending in around 6 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 04005 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 04005.
Flood Factor - Severe
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
04005 has a severe risk of flooding. 1,266 properties in 04005 are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in 04005. Flood risk is increasing faster than the national average.
40% of properties are at risk of wildfire over the next 30 years
Fire Factor
04005 has a moderate risk of wildfire. There are 3,434 properties in 04005 that have some risk of being affected by wildfire over the next 30 years. This represents 40% of all properties in 04005.
91% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
04005 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 04005 is most at risk from hurricanes. 7,779 properties in 04005 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 118 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 129 mph.