The 04240 housing market is very competitive. The median sale price of a home in 04240 was $275K last month, down 0.36% since last year. The median sale price per square foot in 04240 is $192, up 24.7% since last year.
In March 2024, 04240 home prices were down 0.36% compared to last year, selling for a median price of $275K. On average, homes in 04240 sell after 28 days on the market compared to 12 days last year. There were 72 homes sold in March this year, up from 42 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$274,500
-0.36% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
04240, ME
$274,500
-0.36%
United States
To compare other locations to the 04240 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.
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How hot is the 04240 housing market?
04240 is very competitive. Homes sell in 21 days.
0
100
87
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 2% above list price and go pending in around 21 days.
Hot homes
can sell for about 7% above list price and go pending in around 5 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
2/10
Raymond A. Geiger Elementary School
Public • PreK-6
582
Students
4 reviews
1/10
Thomas J McMahon Elementary School
Public • PreK-6
527
Students
4 reviews
1/10
Robert V. Connors Elementary School
Public • PreK-6
642
Students
N/A
1/10
Farwell Elementary School
Public • PreK-6
409
Students
3 reviews
1/10
Montello School
Public • PreK-6
583
Students
8 reviews
Only showing 5 of
10 elementary schools.
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 04240 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 04240.
Risk Factor
Flood Factor - Extreme
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
04240 has an extreme risk of flooding. 1,513 properties in 04240 are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in 04240. Flood risk is increasing slower than the national average.
25% of properties are at risk of wildfire over the next 30 years
Fire Factor
04240 has a moderate risk of wildfire. There are 2,854 properties in 04240 that have some risk of being affected by wildfire over the next 30 years. This represents 25% of all properties in 04240.
99% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
04240 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 04240 is most at risk from hurricanes. 11,316 properties in 04240 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 72 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 73 mph.