Zip 04268 (Norway, ME) Housing

The median value of housing in Norway, ME (04268) is $271,800 which is significantly lower than the US median value of $338,100. Nevertheless, this area has seen a very high appreciation rate of 14.68% over the last year compared to the US average of 8.27%. This higher rate could be attributed to the attractiveness of this area for potential buyers and investors due to its natural beauty and rural charm.

The median home cost in Norway (zip 04268) is $271,800. Home appreciation the last 10 years has been 96.2%. Home Appreciation in Norway (zip 04268) is up 20.0%.

Average Age of Homes

- The median age of Norway (zip 04268) real estate is 45 years old

The Rental Market in Norway (zip 04268)

- Renters make up 17.7% of the Norway (zip 04268) population
- 0.0% of houses and apartments in Norway (zip 04268), 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	Norway, Maine	United States
	2,619.0	139,647,020.0
	40	42
	$271,800	$338,100
	20.0%	16.6%
	78.7%	57.0%
	96.2%	101.1%
	$16.14	$10.98
	$2,711	$2,690
	49.1%	57.4%
	26.9%	11.2%
	24.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.8%	0.7%
	0.0%	0.4%
	21.3%	3.6%
	3.7%	4.1%
Value of Owner-Occupied Housing
	5.4%	2.6%
	2.1%	2.4%
	5.2%	2.8%
	3.8%	3.9%
	6.3%	4.5%
	20.3%	11.3%
	17.7%	13.0%
	24.1%	20.1%
	10.4%	13.6%
	3.7%	8.3%
	1.1%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.0%	0.2%
	12.2%	13.6%
	12.2%	13.6%
	10.8%	13.6%
	22.3%	13.2%
	11.1%	14.8%
	10.8%	13.6%
	4.2%	10.0%
	1.9%	4.7%
	23.0%	12.2%

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