Zip 04083 (Springvale, ME) Housing

The housing market in Springvale, ME (zip code 04083) is thriving. The median value of a house in the area is $303,800, which is significantly lower than the US House Median Value of $338,100. However, compared to the national one-year house appreciation rate of 8.27%, houses in Springvale have seen an impressive 12.21% increase in value over the past year. Buyers in the area are taking advantage of this growing real estate market, as it holds great potential for investments and home ownership alike.

The median home cost in Springvale (zip 04083) is $303,800. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Springvale (zip 04083) is up 16.2%.

Average Age of Homes

- The median age of Springvale (zip 04083) real estate is 49 years old

The Rental Market in Springvale (zip 04083)

- Renters make up 33.6% of the Springvale (zip 04083) population
- 1.8% of houses and apartments in Springvale (zip 04083), 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	Springvale, Maine	United States
	2,127.0	139,647,020.0
	53	42
	$303,800	$338,100
	16.2%	16.6%
	66.0%	57.0%
	95.8%	101.1%
	$11.95	$10.98
	$3,426	$2,690
	71.1%	57.4%
	4.2%	11.2%
	24.6%	31.4%
Vacant Housing
	1.8%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.2%	0.4%
	0.8%	3.6%
	0.4%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.3%	2.4%
	0.0%	2.8%
	1.2%	3.9%
	2.2%	4.5%
	11.0%	11.3%
	39.2%	13.0%
	26.1%	20.1%
	11.3%	13.6%
	4.8%	8.3%
	3.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.6%	13.6%
	8.6%	13.6%
	15.7%	13.6%
	9.6%	13.2%
	12.9%	14.8%
	15.7%	13.6%
	6.8%	10.0%
	7.1%	4.7%
	29.9%	12.2%

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