Is it affordable or expensive to live in 04061, ME?

It is affordable to live in 04061. Buying a home in 04061 is 1% less expensive compared with the national average.

Is it a good time to buy property in 04061, ME?

Yes now is a good time to buy property in 04061, in May 2025, homes in 04061 have decreased in value (price per sqft) by 32% in the last year compared with May 2025.

Is the 04061, ME housing market slowing down?

In May 2025, homes to buy in 04061 spent an median 2105 days on the market, a same May 2025 last year.

What are the best and safest places to live in 04061, ME?

The best and safest neighborhoods to live in 04061 in May 2025 are West End, East End, East Bayside - India Street, Downtown Portland, Deering Center, Stroudwater, Back Cove, Valley Street, East Deering, West Bayside, Oakdale, North Deering, Libbytown, Nasons Corner, Rosemont, Parkside, Riverton

How much money should I make to buy a house in 04061, ME?

In May 2025, 04061 homes were listed to buy for a median price of $324K, with 25% down you would need $1.89K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $65.1K.

Is it a good time to sell my house in 04061, ME?

Yes now is a good time to sell your house in 04061, in May 2025, homes in 04061 have decreased in value (price per sqft) by 32% in the last year compared with May 2025.