Zip 04563 (Cushing, ME) Housing

The housing market in 04563 Cushing, ME is doing quite well, with a median value of $397,600. This is much higher than the US median house value of $338,100. In fact, the appreciation rate for houses in this area over the last year has been 16.46%, almost double that of the US which was 8.27%. It is clear that this area is a desirable place to buy property, with an increase in its home values and high overall median value compared to other areas in the US.

The median home cost in Cushing (zip 04563) is $397,600. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Cushing (zip 04563) is up 20.6%.

Average Age of Homes

- The median age of Cushing (zip 04563) real estate is 33 years old

The Rental Market in Cushing (zip 04563)

- Renters make up 16.8% of the Cushing (zip 04563) population
- 1.1% of houses and apartments in Cushing (zip 04563), 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	Cushing, Maine	United States
	967.0	139,647,020.0
	41	42
	$397,600	$338,100
	20.6%	16.6%
	71.4%	57.0%
	82.1%	101.1%
	$11.63	$10.98
	$3,295	$2,690
	57.1%	57.4%
	33.3%	11.2%
	9.6%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	28.5%	3.6%
	3.6%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	1.4%	2.4%
	2.4%	2.8%
	2.5%	3.9%
	4.9%	4.5%
	13.6%	11.3%
	10.9%	13.0%
	16.1%	20.1%
	13.9%	13.6%
	14.7%	8.3%
	8.0%	9.7%
	8.5%	3.9%
	1.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	17.9%	13.6%
	17.9%	13.6%
	15.9%	13.6%
	12.5%	13.2%
	20.8%	14.8%
	15.9%	13.6%
	2.4%	10.0%
	1.1%	4.7%
	18.7%	12.2%

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