The story of this market
The typical home in ZIP 04004 sells for about $345,000, or $215 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 04004 — Bar Mills
The housing market in 04004 remains stable with moderate price appreciation and consistent demand from local buyers. Inventory levels are tight, which continues to support current pricing despite broader economic headwinds. The market is currently favoring sellers, though the pace of sales has moderated compared to previous years.
This ZIP is well-suited for families and commuters seeking a suburban environment with reasonable access to Portland's urban amenities without the higher costs of the city center.
Median prices moved up 2.1% year over year.
Homes spend a median of 48 days on market with 3.5 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 6.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 04004, Cumberland County ME
Crime rates in this area are generally lower than the Portland metropolitan average, with property crime being the primary concern. Local law enforcement reports stable trends over the past year.
Schools serving this ZIP are part of the local district and generally maintain average to above-average performance ratings compared to state benchmarks.
The area faces moderate risk from winter storms and occasional wind events; flood risk is localized to specific low-lying areas near water bodies.
Economic momentum is driven by proximity to the Portland employment core, with steady demand for residential housing and limited new large-scale commercial development.
Property taxes are assessed at the municipal and county levels based on fair market value, with standard homestead exemptions available for primary residences.
Residents typically face a 20-30 minute commute to downtown Portland via major highway corridors, with limited public transit options available.
The area features several local parks and walking trails, with easy access to regional shopping centers and dining districts within a 3-mile radius.
The rental market is characterized by low vacancy rates and steady demand, with limited new multi-family supply entering the local market.
The local economy is anchored by healthcare, education, and professional services, with strong ties to the broader Portland regional labor market.
Transportation is primarily car-dependent, with access to regional highway networks; public transit options are limited to bus routes connecting to Portland.
Development is constrained by existing zoning, with current planning efforts focused on infill residential projects and infrastructure maintenance.
The county appraisal district conducts periodic revaluations to ensure assessments align with current market values.
Parcels are subject to municipal and county tax levies, with specific utility districts managing water and sewer services.
Property insurance premiums are influenced by regional weather patterns, with standard coverage available for residential properties.
Data retrieved from data.census.gov using ZCTA 04004 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Funtown Splashtown USA4.58.3 mi
- Urban Air Trampoline and Adventure Park3.811.2 mi
- Spare Time Portland4.513.1 mi
- Palace Playland4.210.9 mi
- Round1 Bowling & Arcade - South Portland4.110.7 mi
- Luke's Lobster Portland Pier4.615.1 mi
- Thompson's Point4.513 mi
- Children's Museum & Theatre of Maine4.513.1 mi
- Cross Insurance Arena4.214.7 mi
- Hadlock Field4.713.7 mi
- Funtown Splashtown USA4.58.3 mi
- Apple Cinemas Westbrook4.210.2 mi
- Apple Cinemas Saco and IMAX4.38.4 mi
- Urban Air Trampoline and Adventure Park3.811.2 mi
- Old Orchard Pier4.511 mi
- Portland Head Light4.816.9 mi
- Fort Williams Park4.816.7 mi
- Portland Museum of Art4.614.5 mi
- Children's Museum & Theatre of Maine4.513.1 mi
- Spring Point Ledge Lighthouse4.816.4 mi
- Funtown Splashtown USA4.58.3 mi
- Ferry Beach State Park4.712.1 mi
- Scarborough Beach4.512.5 mi
- Cascade Falls Trail4.78.5 mi
- Bayview Beach4.911.9 mi
- Arundel Wharf - Seafood - Cocktail Bar - Craft Beer4.317.9 mi
- Fore Points Marina4.515.6 mi
- Spring Point Marina4.715.9 mi
- Long Beach Marina, Sebago Maine4.816.5 mi
- DiMillo's Marina4.415 mi
- Dunegrass Golf Club4.29.7 mi
- Willowdale Golf Club4.39.9 mi
- Dutch Elm Golf Course4.210.4 mi
- Sunset Ridge Golf Links3.810.6 mi
- Salmon Falls Resort Golf Course4.50.7 mi
- The Maine Mall4.210.7 mi
- Marshalls & HomeGoods4.310.3 mi
- T.J. Maxx4.411 mi
- Kohl's411.7 mi
- Sierra4.410.1 mi
- Portland International Jetport4.412.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Features walking trails and playground facilities.
Provides access to major retail chains and local dining.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.