Zip 04261 (Newry, ME) Housing

The housing market in the 04261 Newry, ME area is a vibrant one. The median value for residences here is $392,400, which is significantly higher than the US median value of $338,100. This could be attributed to the high appreciation rate of 14.68%, which is more than double the national average rate of 8.27%. With its relatively high median value and strong appreciation rate, the 04261 Newry, ME area provides an attractive option for prospective homeowners seeking a new home in this region.

The median home cost in Newry (zip 04261) is $392,400. Home appreciation the last 10 years has been 96.2%. Home Appreciation in Newry (zip 04261) is up 20.0%.

Average Age of Homes

- The median age of Newry (zip 04261) real estate is 32 years old

The Rental Market in Newry (zip 04261)

- Renters make up 0.9% of the Newry (zip 04261) population
- 0.1% of houses and apartments in Newry (zip 04261), 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	Newry, Maine	United States
	1,705.0	139,647,020.0
	35	42
	$392,400	$338,100
	20.0%	16.6%
	78.7%	57.0%
	96.2%	101.1%
	$13.01	$10.98
	$944	$2,690
	8.4%	57.4%
	90.7%	11.2%
	0.8%	31.4%
Vacant Housing
	0.1%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.2%	0.4%
	90.0%	3.6%
	0.2%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.0%	2.4%
	38.2%	2.8%
	5.6%	3.9%
	1.4%	4.5%
	2.1%	11.3%
	8.3%	13.0%
	25.0%	20.1%
	7.6%	13.6%
	2.8%	8.3%
	6.3%	9.7%
	0.7%	3.9%
	1.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	14.5%	13.6%
	14.5%	13.6%
	10.3%	13.6%
	51.6%	13.2%
	11.0%	14.8%
	10.3%	13.6%
	2.9%	10.0%
	0.1%	4.7%
	3.7%	12.2%

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