The story of this market
The typical home in ZIP 04241 sells for about $210,000, or $268 per square foot.
Homes take about 64 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,200 a month.
ZIP 04241 — Lewiston
The housing market in ZIP 04241 is characterized by extremely low inventory and limited sales activity. Current data reflects a small sample size of transactions, resulting in stable pricing trends. Market conditions remain neutral due to the lack of significant volume.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 64 days on market with 1.0 months of supply — a fast-moving market.
0% 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 4.0% · poverty 12.0% — a stable, low-distress profile.
ZCTA 04241
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 Census Bureau ZCTA-level profiles.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.