Zip 04050 (Long Island, ME) Housing

The housing in 04050 Long Island, ME has a median value of $500,900, which is significantly higher than the national median value of $338,100. In the past year alone, the appreciation rate for housing in 04050 Long Island, ME was 12.21%, more than 4% higher than the US appreciation rate of 8.27%. This suggests that 04050 Long Island, ME is an attractive place to invest in real estate and will likely continue to be so for years to come.

The median home cost in Long Island (zip 04050) is $500,900. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Long Island (zip 04050) is up 16.2%.

Average Age of Homes

- The median age of Long Island (zip 04050) real estate is 78 years old

The Rental Market in Long Island (zip 04050)

- Renters make up 3.5% of the Long Island (zip 04050) population
- 1.0% of houses and apartments in Long Island (zip 04050), 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	Long Island, Maine	United States
	395.0	139,647,020.0
	47	42
	$500,900	$338,100
	16.2%	16.6%
	66.0%	57.0%
	95.8%	101.1%
	$12.90	$10.98
	$2,731	$2,690
	24.1%	57.4%
	70.4%	11.2%
	5.6%	31.4%
Vacant Housing
	1.0%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	65.6%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	2.1%	2.4%
	4.2%	2.8%
	2.1%	3.9%
	0.0%	4.5%
	7.4%	11.3%
	1.1%	13.0%
	17.9%	20.1%
	18.9%	13.6%
	13.7%	8.3%
	23.2%	9.7%
	4.2%	3.9%
	3.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.4%	13.6%
	15.4%	13.6%
	4.6%	13.6%
	12.7%	13.2%
	4.8%	14.8%
	4.6%	13.6%
	1.0%	10.0%
	2.0%	4.7%
	51.4%	12.2%

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