The story of this market
The typical home in ZIP 04401 sells for about $299,450, or $190 per square foot.
Prices are up +16.6% 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 $1,076 a month.
ZIP 04401 — Bangor
The Bangor housing market is currently experiencing a seller's market dynamic with rising median prices and increased sales activity compared to the previous year. Limited inventory and steady demand are driving price appreciation, though the market remains somewhat competitive.
The area is well-suited for single adults and those seeking a calm, peaceful environment with proximity to essential daily services.
Median prices moved up 16.6% year over year.
Homes spend a median of 48 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.3% · poverty 14.7% — a stable, low-distress profile.
ZCTA 04401
The area provides access to a variety of public and private schools covering primary and secondary education.
The area features a mix of residential housing and convenient access to essential services, supermarkets, and dining options.
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.
While cycling infrastructure is limited and the terrain is hilly, many daily errands can be completed without a vehicle due to the density of services.
Residents have access to over 100 restaurants and approximately 20 supermarkets within the area.
The local economy is supported by a mix of residential services, retail, and proximity to regional employment hubs in Bangor.
Data sourced from US Census Bureau ZCTA profiles.
- Urban Air Trampoline and Adventure Park4.23.3 mi
- The Sports Arena4.14 mi
- Orono Trampoline Park4.69.2 mi
- Bangor Escape Rooms4.84.1 mi
- Cross Insurance Center4.15.8 mi
- Collins Center for the Arts4.710.2 mi
- The Sports Arena4.14 mi
- Jeff's Catering & Event Center4.46.7 mi
- Black Bear Cinemas4.59.2 mi
- International Cryptozoology Museum3.94.8 mi
- Bangor Mall Cinemas 104.45.6 mi
- Paul Bunyan Statue4.55.9 mi
- Urban Air Trampoline and Adventure Park4.23.3 mi
- Maine Discovery Museum4.55.6 mi
- Fort Knox and Penobscot Narrows Observatory4.819.8 mi
- International Cryptozoology Museum3.94.8 mi
- Maine Discovery Museum4.55.6 mi
- Cole Land Transportation Museum4.85.3 mi
- Central Maine Antique Mall4.52.8 mi
- Orono Bog Boardwalk4.86.8 mi
- Bangor City Forest4.86 mi
- Bangor Waterfront4.45.9 mi
- Cascade Park4.56.3 mi
- Fields Pond Audubon Center4.810.2 mi
- Bangor Municipal Golf Course4.45.2 mi
- Rocky Knoll Country Club4.37.5 mi
- Penobscot Valley Country Club4.28.7 mi
- Bangor Mall3.45.7 mi
- Shaw's4.25.7 mi
- T.J. Maxx & HomeGoods4.44.6 mi
- Marshalls4.33.3 mi
- Kohl's4.25.3 mi
- Bangor International Airport4.33.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Over 100 restaurants and 20 supermarkets are located within the area.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price corroborated by the researched-property base layer (within 12.5%).