The 04040 housing market is somewhat competitive. The median sale price of a home in 04040 was $380K last month, up 13.4% since last year. The median sale price per square foot in 04040 is $255, down 3.4% since last year.
In March 2024, 04040 home prices were up 13.4% compared to last year, selling for a median price of $380K. On average, homes in 04040 sell after 93 days on the market compared to 66 days last year. There were 10 homes sold in March this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$380,000
+13.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
04040, ME
$380,000
+13.4%
United States
To compare other locations to the 04040 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Maine add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 04040 housing market?
04040 is somewhat competitive. Homes sell in 46 days.
0
100
63
Somewhat 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 9 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 46 days.
Hot homes
can sell for about 3% above list price and go pending in around 12 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 04040 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 04040.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
04040 has a moderate risk of flooding. 435 properties in 04040 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 04040. Flood risk is increasing slower than the national average.
56% of properties are at risk of wildfire over the next 30 years
Fire Factor
04040 has a minor risk of wildfire. There are 3,025 properties in 04040 that have some risk of being affected by wildfire over the next 30 years. This represents 56% of all properties in 04040.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
04040 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 04040 is most at risk from hurricanes. 5,333 properties in 04040 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 69 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 73 mph.