The story of this market
The typical home in ZIP 04255 sells for about $319,923, or $215 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,263 a month.
ZIP 04255 — Greenwood
The housing market in 04255 is characterized by high vacancy rates and a focus on recreational property, with a median home value of approximately $320,000. Market activity is slow, reflecting its status as a rural, seasonal destination rather than a primary residential hub. Growth is steady but limited by the geography's remote nature and reliance on tourism.
This ZIP is best suited for outdoor enthusiasts, second-home buyers, and those seeking a quiet, rural lifestyle, rather than commuters or investors looking for high-density rental yields.
Median prices moved up 2.4% year over year.
Homes spend a median of 88 days on market with 14.0 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 8.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 04255, Oxford County ME
Local schools are part of the SAD 44 district, serving a rural population with limited regional performance data available.
The area faces moderate wildfire risk and seasonal winter weather impacts typical of rural Oxford County.
Economic momentum is limited, with the area primarily serving as a recreational and residential retreat rather than a commercial hub.
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.
Commutes are primarily car-dependent, with residents traveling to nearby employment centers in Bethel or Rumford.
The area is rich in outdoor amenities, including proximity to Mount Abram Ski Area, numerous lakes, and extensive hiking trails in the White Mountain National Forest region.
The rental market is characterized by high vacancy rates, likely influenced by seasonal or short-term rental usage in this recreational area.
The local economy is driven by tourism, outdoor recreation, and small-scale forestry operations.
Parcels are subject to SAD 44 school district taxes and municipal levies.
Insurance premiums are influenced by rural fire response times and winter weather hazard exposure.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Black Mountain of Maine4.717.5 mi
- Oxbow Brewing Company - Oxford (Beer Garden)4.716.9 mi
- Oxford Plains Speedway4.514.9 mi
- Matterhorn Ski Bar4.412.6 mi
- Cafe Nomad4.69.9 mi
- Mt Abram Ski Area & Bike Park4.74.2 mi
- Maine Mineral and Gem Museum4.98.3 mi
- River Lanes48.5 mi
- Roberts Farm Preserve Trails4.89.4 mi
- The Gem Theater4.78.6 mi
- Maine Mineral and Gem Museum4.98.3 mi
- Historic Sunday River Covered Bridge4.714.4 mi
- Historic Lovejoy Covered Bridge4.718.7 mi
- Ink Maine & Gaskyl Printing4.816.7 mi
- Roberts Farm Preserve Trails4.89.4 mi
- West Bethel Motel4.511.1 mi
- Shepard's Farm Preserve4.88.9 mi
- Mahoosuc Land Trust Valentine Farm Conservation Center4.89.7 mi
- Lake Pennesseewassee Park4.58.7 mi
- Norway Country Club4.68.5 mi
- The Local Hub4.75.3 mi
- Cornwall Shopping Center4.110.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A popular local ski resort offering winter sports and summer activities.
Provides extensive hiking, camping, and outdoor recreation opportunities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.