Zip 04281 (South Paris, ME) Housing

The housing market in 04281 South Paris, ME is very attractive and growing. According to the data, the median value of houses in the area is $236,800, which is lower than the US average of $338,100. The one year house appreciation rate for the US is 8.27%, while homes in 04281 South Paris have seen a 14.68% increase in value over the past year. With such a strong appreciation rate, investing in housing here can be highly lucrative and rewarding.

The median home cost in South Paris (zip 04281) is $236,800. Home appreciation the last 10 years has been 96.2%. Home Appreciation in South Paris (zip 04281) is up 20.0%.

Average Age of Homes

- The median age of South Paris (zip 04281) real estate is 47 years old

The Rental Market in South Paris (zip 04281)

- Renters make up 40.5% of the South Paris (zip 04281) population
- 0.0% of houses and apartments in South Paris (zip 04281), 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	South Paris, Maine	United States
	2,303.0	139,647,020.0
	39	42
	$236,800	$338,100
	20.0%	16.6%
	78.7%	57.0%
	96.2%	101.1%
	$15.53	$10.98
	$2,433	$2,690
	56.3%	57.4%
	10.4%	11.2%
	33.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.5%	0.7%
	0.0%	0.4%
	6.3%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	1.5%	2.4%
	1.3%	2.8%
	5.7%	3.9%
	5.5%	4.5%
	29.8%	11.3%
	23.5%	13.0%
	13.3%	20.1%
	14.2%	13.6%
	4.0%	8.3%
	0.0%	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%
	10.6%	13.6%
	10.6%	13.6%
	17.6%	13.6%
	17.8%	13.2%
	10.1%	14.8%
	17.6%	13.6%
	4.7%	10.0%
	2.3%	4.7%
	25.6%	12.2%

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