Zip 04956 (New Vineyard, ME) Housing

The housing market in 04956 New Vineyard, ME is thriving compared to the US average. The median value of a house in 04956 New Vineyard, ME is $204,200 which is much lower than the US median value of $338,100. However, the one year appreciation rate for a house in 04956 New Vineyard, ME is 16.46%, significantly higher than the US rate of 8.27%. This means that there is an opportunity for newfound wealth and growth in 04956 New Vineyard, ME but also an increased risk as property values could depreciate quickly as well.

The median home cost in New Vineyard (zip 04956) is $204,200. Home appreciation the last 10 years has been 82.1%. Home Appreciation in New Vineyard (zip 04956) is up 20.6%.

Average Age of Homes

- The median age of New Vineyard (zip 04956) real estate is 34 years old

The Rental Market in New Vineyard (zip 04956)

- Renters make up 6.7% of the New Vineyard (zip 04956) population
- 1.3% of houses and apartments in New Vineyard (zip 04956), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Vineyard, Maine	United States
	454.0	139,647,020.0
	44	42
	$204,200	$338,100
	20.6%	16.6%
	71.4%	57.0%
	82.1%	101.1%
	$12.05	$10.98
	$1,495	$2,690
	52.6%	57.4%
	39.4%	11.2%
	7.9%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	32.8%	3.6%
	5.3%	4.1%
Value of Owner-Occupied Housing
	5.0%	2.6%
	0.8%	2.4%
	10.0%	2.8%
	12.1%	3.9%
	10.9%	4.5%
	26.8%	11.3%
	9.6%	13.0%
	11.3%	20.1%
	9.6%	13.6%
	0.8%	8.3%
	2.9%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.5%	13.6%
	11.5%	13.6%
	16.1%	13.6%
	12.3%	13.2%
	16.5%	14.8%
	16.1%	13.6%
	5.5%	10.0%
	6.2%	4.7%
	18.1%	12.2%

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