Zip 04255 (Greenwood, ME) Housing

The housing market in 04255 Greenwood, ME is booming. The median value of homes in the area is $252,700, which is significantly lower than the national median value of $338,100. However, homes in this area have seen a tremendous amount of appreciation over the past year, with an increase of 14.68% compared to 8.27% nationally. With such a strong growth rate and affordability compared to other markets, it's no surprise that housing in 04255 Greenwood, ME is increasingly attractive for potential buyers.

The median home cost in Greenwood (zip 04255) is $252,700. Home appreciation the last 10 years has been 96.2%. Home Appreciation in Greenwood (zip 04255) is up 20.0%.

Average Age of Homes

- The median age of Greenwood (zip 04255) real estate is 34 years old

The Rental Market in Greenwood (zip 04255)

- Renters make up 5.6% of the Greenwood (zip 04255) population
- 0.7% of houses and apartments in Greenwood (zip 04255), 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	Greenwood, Maine	United States
	870.0	139,647,020.0
	44	42
	$252,700	$338,100
	20.0%	16.6%
	78.7%	57.0%
	96.2%	101.1%
	$9.85	$10.98
	$2,000	$2,690
	25.3%	57.4%
	65.3%	11.2%
	9.4%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	1.8%	0.7%
	0.0%	0.4%
	62.3%	3.6%
	0.5%	4.1%
Value of Owner-Occupied Housing
	5.5%	2.6%
	1.8%	2.4%
	0.9%	2.8%
	1.4%	3.9%
	10.5%	4.5%
	11.8%	11.3%
	17.3%	13.0%
	29.1%	20.1%
	8.2%	13.6%
	5.0%	8.3%
	6.4%	9.7%
	2.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.7%	13.6%
	15.7%	13.6%
	10.6%	13.6%
	14.1%	13.2%
	14.8%	14.8%
	10.6%	13.6%
	10.6%	10.0%
	4.1%	4.7%
	10.8%	12.2%

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