The story of this market
The typical home in ZIP 04007 sells for about $525,000, or $325 per square foot.
Prices are down 3.66% from a year ago, which gives buyers more room to negotiate. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $1,710 a month.
ZIP 04007 — Biddeford
The Portland-area housing market is experiencing a cooling phase with year-over-year price declines and a slower pace of sales. Sellers are increasingly adjusting expectations as inventory levels rise, leading to a more balanced environment for buyers compared to previous years.
Median prices moved down 3.7% year over year.
Homes spend a median of 44 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 100% 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.
versus the prior ACS vintage
ZCTA 04007, Cumberland County ME
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maine) — Maine Resident Homestead Property Tax Exemption: Provides a reduction in the valuation of the homestead for property tax purposes. The exemption amount is set by state statute (currently $25,000 of the just value of the property). The formula is: (Just Value - Homestead Exemption) * Local Tax Rate = Tax Due.
Data retrieved from data.census.gov ZCTA-level tables.
- Funtown Splashtown USA4.52.9 mi
- Urban Air Trampoline and Adventure Park3.811.6 mi
- Palace Playland4.24.2 mi
- Spare Time Portland4.516.2 mi
- Round1 Bowling & Arcade - South Portland4.111.4 mi
- Luke's Lobster Portland Pier4.615.2 mi
- Thompson's Point4.513.6 mi
- Children's Museum & Theatre of Maine4.513.7 mi
- Cross Insurance Arena4.214.9 mi
- Hadlock Field4.714.4 mi
- Funtown Splashtown USA4.52.9 mi
- Crescent Beach State Park4.612.1 mi
- Apple Cinemas Westbrook4.212.2 mi
- Apple Cinemas Saco and IMAX4.33 mi
- Urban Air Trampoline and Adventure Park3.811.6 mi
- Portland Head Light4.815.2 mi
- Fort Williams Park4.815 mi
- Portland Museum of Art4.614.7 mi
- Children's Museum & Theatre of Maine4.513.7 mi
- Spring Point Ledge Lighthouse4.815.9 mi
- Funtown Splashtown USA4.52.9 mi
- Crescent Beach State Park4.612.1 mi
- Rachel Carson National Wildlife Refuge4.710.3 mi
- Kettle Cove State Park4.812.6 mi
- Ferry Beach State Park4.73.1 mi
- Arundel Wharf - Seafood - Cocktail Bar - Craft Beer4.39.2 mi
- Fore Points Marina4.515.8 mi
- Spring Point Marina4.715.5 mi
- DiMillo's Marina4.415.2 mi
- Dunegrass Golf Club4.23.7 mi
- Willowdale Golf Club4.38 mi
- Dutch Elm Golf Course4.25 mi
- Merriland Farm4.811.6 mi
- Salmon Falls Resort Golf Course4.59.6 mi
- The Maine Mall4.211.5 mi
- Marshalls & HomeGoods4.310.7 mi
- T.J. Maxx4.411.6 mi
- Sierra4.411.3 mi
- Shaw's40.9 mi
- Portland International Jetport4.413 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.