Zip 04265 (North Monmouth, ME) Housing

The housing median value in 04265 North Monmouth, ME is $267,700, which is significantly lower than the US house median value of $338,100. However, the 1-year appreciation rate for homes in this area is 14.68%, which is higher than the national average of 8.27%. This suggests that despite the comparatively low housing median value, there are strong prospects for homeownership in 04265 North Monmouth, ME with a potentially high return on investment over time.

The median home cost in North Monmouth (zip 04265) is $267,700. Home appreciation the last 10 years has been 96.2%. Home Appreciation in North Monmouth (zip 04265) is up 20.0%.

Average Age of Homes

- The median age of North Monmouth (zip 04265) real estate is 38 years old

The Rental Market in North Monmouth (zip 04265)

- Renters make up 15.2% of the North Monmouth (zip 04265) population
- 0.0% of houses and apartments in North Monmouth (zip 04265), 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	North Monmouth, Maine	United States
	455.0	139,647,020.0
	39	42
	$267,700	$338,100
	20.0%	16.6%
	78.7%	57.0%
	96.2%	101.1%
	$13.56	$10.98
	$2,447	$2,690
	57.4%	57.4%
	27.0%	11.2%
	15.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	14.1%	3.6%
	13.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	3.4%	2.4%
	0.0%	2.8%
	8.0%	3.9%
	7.3%	4.5%
	16.9%	11.3%
	33.7%	13.0%
	21.5%	20.1%
	7.7%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	1.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.4%	13.6%
	6.4%	13.6%
	17.8%	13.6%
	27.9%	13.2%
	30.1%	14.8%
	17.8%	13.6%
	2.6%	10.0%
	0.0%	4.7%
	8.4%	12.2%

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