Zip 04106 (South Portland, ME) Housing

The housing market in South Portland, ME (04106) is steadily increasing. According to recent data, the median value of homes in 04106 is $448,700 - significantly higher than the US median home value of $338,100. Additionally, over the past year there has been a 17.36% house appreciation rate in South Portland compared to 8.27% nationally. This strong appreciation rate signals that South Portland is an attractive and desirable area for potential homeowners to invest in.

The median home cost in South Portland (zip 04106) is $448,700. Home appreciation the last 10 years has been 121.4%. Home Appreciation in South Portland (zip 04106) is up 19.3%.

Average Age of Homes

- The median age of South Portland (zip 04106) real estate is 57 years old

The Rental Market in South Portland (zip 04106)

- Renters make up 37.9% of the South Portland (zip 04106) population
- 2.2% of houses and apartments in South Portland (zip 04106), 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 Portland, Maine	United States
	12,524.0	139,647,020.0
	65	42
	$448,700	$338,100
	19.3%	16.6%
	74.4%	57.0%
	121.4%	101.1%
	$12.75	$10.98
	$3,727	$2,690
	60.4%	57.4%
	6.0%	11.2%
	33.6%	31.4%
Vacant Housing
	2.2%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.2%	0.4%
	1.1%	3.6%
	2.0%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.6%	2.4%
	0.3%	2.8%
	0.1%	3.9%
	0.3%	4.5%
	3.0%	11.3%
	10.3%	13.0%
	37.5%	20.1%
	22.2%	13.6%
	14.2%	8.3%
	6.9%	9.7%
	3.1%	3.9%
	0.8%	2.2%
	0.2%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	8.5%	13.6%
	8.5%	13.6%
	7.1%	13.6%
	12.0%	13.2%
	8.8%	14.8%
	7.1%	13.6%
	12.3%	10.0%
	11.9%	4.7%
	30.4%	12.2%

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