The story of this market
The typical home in ZIP 04221 sells for about $229,000, or $171 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $485 a month.
ZIP 04221 — Canton
The housing market in 04221 is characterized by slow price movement and limited inventory, reflecting broader regional trends in Oxford County. Investors are advised to account for maintenance and management overhead, as the submarket shows lower stability compared to state averages.
This ZIP is suited for investors who can price in maintenance friction and long-term hold strategies, rather than those seeking rapid appreciation or high-turnover rental stability.
Median prices moved down 2.1% year over year.
Homes spend a median of 87 days on market with 5.2 months of supply — a balanced-paced market.
28% of listings have cut prices · homes sell at 98.6% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.7% · poverty 8.4% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 04221, Oxford County, Maine
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.
The rental market in 04221 exhibits slower turnover and requires investors to account for higher maintenance and management friction.
The local economy is primarily driven by regional industries within Oxford County, with limited major corporate anchors inside the ZIP code.
Data retrieved from Census ACS ZCTA-level tables for 04221.
- Black Mountain of Maine4.717.6 mi
- Farmington Fair4.115.1 mi
- The Weathervane Restaurant & Lounge4.517.3 mi
- HOMESTEAD Kitchen Bar4.215.4 mi
- Kineowatha Park4.78.8 mi
- Norlands Living History Center4.75.8 mi
- Ultimate Dog Sledding Experience4.93.7 mi
- Norlands Living History Center4.75.8 mi
- The Sensi Side4.915.4 mi
- Ink Maine & Gaskyl Printing4.814.2 mi
- Kineowatha Park4.78.8 mi
- Norlands Living History Center4.75.8 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.