The story of this market
The typical home in ZIP 04281 sells for about $313,000, or $185 per square foot.
Prices are down 10.69% from a year ago, which gives buyers more room to negotiate. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 04281 — South Paris
The South Paris housing market is experiencing a period of price stabilization following recent years of growth. While inventory remains tight, the local manufacturing sector provides a stable economic base that supports ongoing demand for residential properties.
This area is well-suited for families and individuals seeking a rural, community-oriented lifestyle with access to regional manufacturing jobs and affordable housing options compared to larger urban centers.
Median prices moved down 10.7% year over year.
Homes spend a median of 62 days on market with 4.2 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 1.5% · poverty 12.5% — 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 7.4%/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 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 04281, Oxford County, Maine
Local reports indicate occasional incidents involving public safety and law enforcement, consistent with regional trends in Oxford County.
Schools serving the area are part of the local district, with performance metrics generally aligning with rural Maine educational standards.
The area is subject to standard New England climate risks, including winter storm exposure and seasonal flood risks in low-lying areas near water bodies.
Economic momentum is driven by manufacturing, specifically modular home production, which serves as a significant local industry and employer.
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.
Commuting primarily involves personal vehicle travel via state routes toward the Lewiston-Auburn employment core.
The area features local parks, access to rural trails, and community-focused dining and shopping within the historic Market Square district.
The rental market is characterized by limited inventory and steady demand, with a mix of long-term residential units and some investor-owned properties.
The economy is anchored by manufacturing, particularly modular home construction, alongside local retail and service sectors.
Transportation is primarily road-based, with reliance on state highways for regional connectivity.
Development is focused on residential growth and the expansion of local manufacturing capacity.
Parcels are subject to town-level property taxes and regional school district assessments.
Property insurance premiums are influenced by regional wildfire and winter storm risk profiles common to western Maine.
Data retrieved from US Census Bureau and World Population Review.
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.
- FunZ Trampoline Park3.917.3 mi
- Lost Valley Ski Area4.612.1 mi
- Oxbow Brewing Company - Oxford (Beer Garden)4.77.4 mi
- Oxford Plains Speedway4.55.8 mi
- Fish Bones Grill4.616.3 mi
- Gary's Olde Towne Tavern4.219.3 mi
- Lost Valley Ski Area4.612.1 mi
- Roberts Farm Preserve Trails4.84.8 mi
- Stars & Strikes Bowling Center4.61.7 mi
- McLaughlin Garden4.72.2 mi
- Snow Falls Rest Area4.75.4 mi
- Maine Mineral and Gem Museum4.919.2 mi
- Mr. Drew Exotic Animal Education Center4.812.2 mi
- Sabbathday Lake Shaker Village4.618.3 mi
- Norlands Living History Center4.717.8 mi
- Roberts Farm Preserve Trails4.84.8 mi
- Shepard's Farm Preserve4.84.3 mi
- Lake Pennesseewassee Park4.55.2 mi
- Moore Park4.31.8 mi
- Moose Landing Marina4.519.4 mi
- Long Lake Marina4.719.4 mi
- Norway Country Club4.65.9 mi
- The Willows Flea Market4.711 mi
- Route 26 Antiques4.54.8 mi
- Future Foods4.29.7 mi
- Cornwall Shopping Center4.12.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The central hub of South Paris featuring local dining and historic architecture.
A central resource located at 37 Market Square.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.