Zip 04625 (Cranberry Isles, ME) Housing

The housing market in 04625 Cranberry Isles, ME is booming with a median value of $426,400. This is significantly higher than the US median value of $338,100, and indicates that demand for housing in this area is high. The 1 year house appreciation rate in Cranberry Isles is also higher than the national average at 16.46%, indicating strong growth in the market for this area. This shows that there is strong potential for homeownership and investment in this market.

The median home cost in Cranberry Isles (zip 04625) is $426,400. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Cranberry Isles (zip 04625) is up 20.6%.

Average Age of Homes

- The median age of Cranberry Isles (zip 04625) real estate is 78 years old

The Rental Market in Cranberry Isles (zip 04625)

- Renters make up 1.2% of the Cranberry Isles (zip 04625) population
- 0.0% of houses and apartments in Cranberry Isles (zip 04625), 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	Cranberry Isles, Maine	United States
	199.0	139,647,020.0
	41	42
	$426,400	$338,100
	20.6%	16.6%
	71.4%	57.0%
	82.1%	101.1%
	$10.05	$10.98
	$3,000	$2,690
	13.1%	57.4%
	83.9%	11.2%
	3.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.5%	0.7%
	0.0%	0.4%
	73.9%	3.6%
	8.5%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	7.7%	4.5%
	0.0%	11.3%
	7.7%	13.0%
	23.1%	20.1%
	23.1%	13.6%
	11.5%	8.3%
	7.7%	9.7%
	11.5%	3.9%
	7.7%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.0%	13.6%
	6.0%	13.6%
	7.5%	13.6%
	8.0%	13.2%
	5.5%	14.8%
	7.5%	13.6%
	0.0%	10.0%
	2.0%	4.7%
	60.8%	12.2%

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