Zip 04107 (Cape Elizabeth, ME) Housing

The housing market in 04107 Cape Elizabeth, ME is doing significantly better than the national average. The median home value is $741,100, which is more than double the US median of $338,100. In addition, over the past year house appreciation in this area has been 17.36%, much higher than the 8.27% national appreciation rate. This shows that this area is a desirable place to invest in property and suggests that housing prices will continue to rise.

The median home cost in Cape Elizabeth (zip 04107) is $741,100. Home appreciation the last 10 years has been 121.4%. Home Appreciation in Cape Elizabeth (zip 04107) is up 19.3%.

Average Age of Homes

- The median age of Cape Elizabeth (zip 04107) real estate is 51 years old

The Rental Market in Cape Elizabeth (zip 04107)

- Renters make up 10.8% of the Cape Elizabeth (zip 04107) population
- 0.0% of houses and apartments in Cape Elizabeth (zip 04107), 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	Cape Elizabeth, Maine	United States
	4,197.0	139,647,020.0
	54	42
	$741,100	$338,100
	19.3%	16.6%
	74.4%	57.0%
	121.4%	101.1%
	$13.19	$10.98
	$6,792	$2,690
	81.1%	57.4%
	7.2%	11.2%
	11.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	1.4%	0.4%
	4.6%	3.6%
	0.6%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.3%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	0.5%	13.0%
	13.3%	20.1%
	16.4%	13.6%
	17.6%	8.3%
	32.8%	9.7%
	9.6%	3.9%
	4.6%	2.2%
	3.8%	0.8%
	1.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.6%	13.6%
	6.6%	13.6%
	8.9%	13.6%
	13.4%	13.2%
	13.3%	14.8%
	8.9%	13.6%
	8.8%	10.0%
	8.7%	4.7%
	22.5%	12.2%