Zip 04063 (Old Orchard Beach, ME) Housing

The housing market in 04063 Old Orchard Beach, ME is strong. The median value of houses in the area is currently $512,600 compared to the US median house value of $338,100. House appreciation in the area over the past year has been 12.21%, higher than the US rate of 8.27%, indicating a strong market. This makes 04063 Old Orchard Beach, ME an attractive location for potential home buyers and investors.

The median home cost in Old Orchard Beach (zip 04063) is $512,600. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Old Orchard Beach (zip 04063) is up 16.2%.

Average Age of Homes

- The median age of Old Orchard Beach (zip 04063) real estate is 62 years old

The Rental Market in Old Orchard Beach (zip 04063)

- Renters make up 18.9% of the Old Orchard Beach (zip 04063) population
- 0.0% of houses and apartments in Old Orchard Beach (zip 04063), 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	Old Orchard Beach, Maine	United States
	828.0	139,647,020.0
	60	42
	$512,600	$338,100
	16.2%	16.6%
	66.0%	57.0%
	95.8%	101.1%
	$10.50	$10.98
	$4,281	$2,690
	28.0%	57.4%
	53.0%	11.2%
	19.0%	31.4%
Vacant Housing
	0.0%	1.9%
	3.9%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	48.2%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	7.3%	11.3%
	3.9%	13.0%
	24.6%	20.1%
	11.6%	13.6%
	34.1%	8.3%
	18.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.9%	13.6%
	6.9%	13.6%
	5.0%	13.6%
	20.9%	13.2%
	7.6%	14.8%
	5.0%	13.6%
	12.6%	10.0%
	9.9%	4.7%
	27.2%	12.2%

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