Zip 04986 (Thorndike, ME) Housing


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United States / Maine / No Metro Area / Waldo County / No City / Thorndike (zip 04986)
The housing market in 04986 Thorndike, ME is booming. The median value of a house in Thorndike is $211,400, significantly lower than the national median value of $338,100. However, over the past year the appreciation rate for Thorndike has been 16.46%, which is almost double the national rate of 8.27%. This growth indicates that Thorndike’s housing market is thriving and could be a great investment opportunity for those looking to buy property in this area.

The median home cost in Thorndike (zip 04986) is $211,400. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Thorndike (zip 04986) is up 20.6%.

Average Age of Homes
- The median age of Thorndike (zip 04986) real estate is 33 years old
The Rental Market in Thorndike (zip 04986)
- Renters make up 13.7% of the Thorndike (zip 04986) population
- 0.9% of houses and apartments in Thorndike (zip 04986), 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

  HousingThorndike, MaineUnited States
  789.0139,647,020.0
  4242
  $211,400$338,100
  20.6%16.6%
  71.4%57.0%
  82.1%101.1%
  $14.72$10.98
  $1,809$2,690
  66.4%57.4%
  18.6%11.2%
  15.0%31.4%
  Vacant Housing
  0.9%1.9%
  0.0%0.4%
  2.0%0.7%
  0.0%0.4%
  9.5%3.6%
  6.2%4.1%
  Value of Owner-Occupied Housing
  1.5%2.6%
  8.0%2.4%
  4.0%2.8%
  11.1%3.9%
  9.0%4.5%
  21.8%11.3%
  17.6%13.0%
  12.2%20.1%
  2.9%13.6%
  8.6%8.3%
  3.1%9.7%
  0.0%3.9%
  0.0%2.2%
  0.4%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  12.4%13.6%
  12.4%13.6%
  9.8%13.6%
  18.6%13.2%
  20.0%14.8%
  9.8%13.6%
  5.2%10.0%
  4.2%4.7%
  18.5%12.2%
Commute