Zip 04109 (Portland, ME) Housing

Housing in Portland, ME (04109) is highly valued compared to the national average. The median value of a house in Portland is currently $722,700 while the US median value is only $338,100. Over the past year, homes in Portland have appreciated by an impressive 17.36%, which is more than double the nation's 1 year appreciation rate of 8.27%. This makes Portland a great place to invest in real estate due to its high home values and steady appreciation rate.

The median home cost in Portland (zip 04109) is $722,700. Home appreciation the last 10 years has been 121.4%. Home Appreciation in Portland (zip 04109) is up 19.3%.

Average Age of Homes

- The median age of Portland (zip 04109) real estate is 78 years old

The Rental Market in Portland (zip 04109)

- Renters make up 0.0% of the Portland (zip 04109) population
- 3.8% of houses and apartments in Portland (zip 04109), 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	Portland, Maine	United States
	391.0	139,647,020.0
	47	42
	$722,700	$338,100
	19.3%	16.6%
	74.4%	57.0%
	121.4%	101.1%
	$12.90	$10.98
	$7,179	$2,690
	19.7%	57.4%
	80.3%	11.2%
	0.0%	31.4%
Vacant Housing
	3.8%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	71.1%	3.6%
	4.1%	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%
	0.0%	11.3%
	0.0%	13.0%
	10.4%	20.1%
	0.0%	13.6%
	67.5%	8.3%
	15.6%	9.7%
	6.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.3%	13.6%
	1.3%	13.6%
	5.1%	13.6%
	4.3%	13.2%
	0.0%	14.8%
	5.1%	13.6%
	0.0%	10.0%
	8.7%	4.7%
	80.6%	12.2%

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