Zip 04476 (Penobscot, ME) Housing

The housing market in Penobscot, ME (04476) is currently thriving. The median value of a house in Penobscot is $315,600 which is lower than the US House Median Value of $338,100. However, the appreciation rate of houses over the past year has been higher in Penobscot at 15.28%, compared to the US average of 8.27%. This indicates that there are good investment opportunities for potential buyers and suggests that house prices may continue to increase over time.

The median home cost in Penobscot (zip 04476) is $315,600. Home appreciation the last 10 years has been 79.9%. Home Appreciation in Penobscot (zip 04476) is up 19.0%.

Average Age of Homes

- The median age of Penobscot (zip 04476) real estate is 34 years old

The Rental Market in Penobscot (zip 04476)

- Renters make up 11.8% of the Penobscot (zip 04476) population
- 0.9% of houses and apartments in Penobscot (zip 04476), 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	Penobscot, Maine	United States
	851.0	139,647,020.0
	36	42
	$315,600	$338,100
	19.0%	16.6%
	68.7%	57.0%
	79.9%	101.1%
	$8.71	$10.98
	$1,966	$2,690
	56.3%	57.4%
	38.4%	11.2%
	5.3%	31.4%
Vacant Housing
	0.9%	1.9%
	0.5%	0.4%
	2.1%	0.7%
	2.0%	0.4%
	21.5%	3.6%
	11.4%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	5.6%	3.9%
	9.2%	4.5%
	7.7%	11.3%
	18.6%	13.0%
	29.2%	20.1%
	11.1%	13.6%
	5.2%	8.3%
	8.6%	9.7%
	2.5%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	23.4%	13.6%
	23.4%	13.6%
	21.4%	13.6%
	11.3%	13.2%
	14.2%	14.8%
	21.4%	13.6%
	5.1%	10.0%
	4.6%	4.7%
	17.5%	12.2%

Reviews for Penobscot

See all (0)

Write a Review

Start Your Review of Penobscot

Commute

The premier source for comprehensive city data for over 30 years.