New Portland, ME (zip code 04961) has a housing median value of $179,600, which is significantly lower than the US house median value of $338,100. However, the 1 year appreciation rate in New Portland is higher at 16.46%, compared to 8.27% for the US overall. This means that prices of homes in this area are increasing rapidly, making it an attractive area for potential home buyers and investors alike.
The median home cost in New Portland (zip 04961) is $179,600. Home appreciation the last 10 years has been 82.1%. Home Appreciation in New Portland (zip 04961) is up 20.6%.
Average Age of Homes
- The median age of New Portland (zip 04961) real estate is 35 years old
The Rental Market in New Portland (zip 04961)
- Renters make up 4.2% of the New Portland (zip 04961) population
- 0.3% of houses and apartments in New Portland (zip 04961), 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.