The story of this market
The typical home in ZIP 04257 sells for about $104,000, or $85 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,027 a month.
ZIP 04257 — Mexico
The housing market in 04257 remains stable with low inventory and modest price appreciation. Demand is driven by local residents seeking affordable housing, though limited new construction keeps the market tight.
This area is best suited for budget-conscious buyers, retirees, and those seeking a rural lifestyle, as it offers affordable housing options compared to larger Maine coastal markets.
Median prices moved up 4.2% year over year.
Homes spend a median of 62 days on market with 5.8 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.4% · poverty 19.7% — 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 3.2%/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 3.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 04257, Mexico, 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.
Residents typically rely on personal vehicles for commuting, with limited public transit options available in this rural western Maine region.
The area offers access to outdoor activities including proximity to the Androscoggin River, local parks, and regional trail systems for hiking and snowmobiling.
The rental market is characterized by limited inventory and steady demand from local workers, with few large-scale multi-family developments.
The local economy is historically tied to manufacturing and regional services, with a focus on small-scale local businesses.
Transportation is primarily highway-based via regional routes connecting to larger hubs in Oxford County.
Parcels are subject to municipal property taxes and regional school district assessments.
Property insurance premiums are influenced by regional wildfire and winter weather risks common to western Maine.
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 Maine4.75.1 mi
- Matterhorn Ski Bar4.417.8 mi
- Farmington Fair4.119 mi
- HOMESTEAD Kitchen Bar4.218.6 mi
- The Gem Theater4.718.4 mi
- Black Mountain of Maine4.75.1 mi
- Mt. Blue State Park4.79.9 mi
- Rumford Whitecap Mountain Preserve4.98.9 mi
- Historic Lovejoy Covered Bridge4.711 mi
- Mexico Rec Park4.42.6 mi
- Maine Mineral and Gem Museum4.918.5 mi
- Historic Sunday River Covered Bridge4.717.6 mi
- Historic Lovejoy Covered Bridge4.711 mi
- Norlands Living History Center4.719.3 mi
- The Sensi Side4.918.6 mi
- Mt. Blue State Park4.79.9 mi
- Rumford Whitecap Mountain Preserve4.98.9 mi
- Coos Canyon rest area4.711 mi
- Mexico Rec Park4.42.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides recreational opportunities including fishing and boating.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.