Zip 04102 (Portland, ME) Housing

The housing market in 04102 Portland, ME has seen significant appreciation over the past year. The median value of a house in 04102 is currently at $438,500, which is far higher than the US median value of $338,100. Additionally, the 1 year house appreciation rate in 04102 has been an impressive 17.36%, much higher than the national rate of 8.27%. This indicates that Portland's real estate market is going strong and that it may be a great time to invest in property here.

The median home cost in Portland (zip 04102) is $438,500. Home appreciation the last 10 years has been 121.4%. Home Appreciation in Portland (zip 04102) is up 19.3%.

Average Age of Homes

- The median age of Portland (zip 04102) real estate is 78 years old

The Rental Market in Portland (zip 04102)

- Renters make up 50.8% of the Portland (zip 04102) population
- 1.9% of houses and apartments in Portland (zip 04102), 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
	8,405.0	139,647,020.0
	47	42
	$438,500	$338,100
	19.3%	16.6%
	74.4%	57.0%
	121.4%	101.1%
	$14.22	$10.98
	$4,885	$2,690
	48.2%	57.4%
	7.0%	11.2%
	44.9%	31.4%
Vacant Housing
	1.9%	1.9%
	1.0%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	1.4%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	0.6%	2.4%
	0.0%	2.8%
	0.1%	3.9%
	0.4%	4.5%
	1.1%	11.3%
	6.7%	13.0%
	28.7%	20.1%
	24.3%	13.6%
	16.8%	8.3%
	10.5%	9.7%
	4.5%	3.9%
	3.5%	2.2%
	0.1%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.5%	13.6%
	3.5%	13.6%
	1.8%	13.6%
	6.9%	13.2%
	7.0%	14.8%
	1.8%	13.6%
	9.4%	10.0%
	5.5%	4.7%
	56.2%	12.2%

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