Zip 04101 (Portland, ME) Housing

The housing market in 04101 Portland, ME is doing very well. The median value of a house in the area is $567,400 which is significantly higher than the US median value of $338,100. Additionally, the appreciation rate for houses in 04101 Portland, ME has been much higher than that of the US with a 1 year appreciation rate at 17.36%, more than double the US average of 8.27%. This shows that 04101 Portland, ME is an excellent place to invest in real estate and likely to continue appreciating at similar rates going forward.

The median home cost in Portland (zip 04101) is $567,400. Home appreciation the last 10 years has been 121.4%. Home Appreciation in Portland (zip 04101) is up 19.3%.

Average Age of Homes

- The median age of Portland (zip 04101) real estate is 78 years old

The Rental Market in Portland (zip 04101)

- Renters make up 74.7% of the Portland (zip 04101) population
- 2.5% of houses and apartments in Portland (zip 04101), 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	Portland, Maine	United States
	10,803.0	139,647,020.0
	47	42
	$567,400	$338,100
	19.3%	16.6%
	74.4%	57.0%
	121.4%	101.1%
	$12.94	$10.98
	$5,836	$2,690
	18.8%	57.4%
	10.4%	11.2%
	70.8%	31.4%
Vacant Housing
	2.5%	1.9%
	1.0%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	3.9%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.8%	2.4%
	0.7%	2.8%
	0.0%	3.9%
	0.3%	4.5%
	1.4%	11.3%
	1.3%	13.0%
	18.3%	20.1%
	16.9%	13.6%
	19.3%	8.3%
	21.7%	9.7%
	15.2%	3.9%
	2.5%	2.2%
	1.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.5%	13.6%
	5.5%	13.6%
	2.2%	13.6%
	5.2%	13.2%
	10.5%	14.8%
	2.2%	13.6%
	4.7%	10.0%
	4.9%	4.7%
	54.8%	12.2%

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