Zip 04474 (Orrington, ME) Housing

Housing in Orrington, ME (04474) is very expensive compared to the national average. The median value for homes in this area is $291,300, which is much higher than the US median value of $338,100. In the past year, the appreciation rate for housing in Orrington has been 15.28%, which is significantly higher than the national rate of 8.27%. This shows that housing prices are increasing quickly and indicates a strong market for real estate investments in Orrington.

The median home cost in Orrington (zip 04474) is $291,300. Home appreciation the last 10 years has been 79.9%. Home Appreciation in Orrington (zip 04474) is up 19.0%.

Average Age of Homes

- The median age of Orrington (zip 04474) real estate is 44 years old

The Rental Market in Orrington (zip 04474)

- Renters make up 10.9% of the Orrington (zip 04474) population
- 0.8% of houses and apartments in Orrington (zip 04474), 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	Orrington, Maine	United States
	1,660.0	139,647,020.0
	44	42
	$291,300	$338,100
	19.0%	16.6%
	68.7%	57.0%
	79.9%	101.1%
	$13.77	$10.98
	$2,629	$2,690
	82.5%	57.4%
	6.6%	11.2%
	11.0%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	3.7%	3.6%
	2.0%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	0.0%	2.4%
	3.1%	2.8%
	5.0%	3.9%
	5.0%	4.5%
	10.6%	11.3%
	27.8%	13.0%
	26.8%	20.1%
	13.4%	13.6%
	3.1%	8.3%
	0.7%	9.7%
	1.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.0%	0.2%
	13.0%	13.6%
	13.0%	13.6%
	15.3%	13.6%
	6.0%	13.2%
	18.9%	14.8%
	15.3%	13.6%
	8.0%	10.0%
	4.9%	4.7%
	20.5%	12.2%

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