The story of this market
The typical home in ZIP 04285 sells for about $325,000, or $215 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 04285 — Weld
The housing market in ZIP 04285 is characterized by low inventory and stable, modest price growth consistent with rural Maine trends. Demand is driven by lifestyle buyers seeking proximity to outdoor recreation, while limited supply keeps days on market relatively low for well-priced properties.
This ZIP is best suited for outdoor enthusiasts, retirees, and those seeking a quiet, rural lifestyle away from urban centers, as it lacks the density and amenities required by typical commuters or investors.
Median prices moved up 4.2% year over year.
Homes spend a median of 48 days on market with 4.0 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 6.5% — 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 7.8%/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 7.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 04285, Franklin County ME
Crime rates in the Weld area are significantly lower than the national and state averages, with the region characterized by a rural, low-density environment.
Schools serving the area are part of the regional district system, generally characterized by small class sizes and community-focused educational environments.
The area is subject to standard New England seasonal weather risks, including heavy winter snow loads and potential spring flooding near local water bodies.
Economic momentum is driven by small-scale tourism, forestry, and local services, with limited large-scale industrial development in this rural geography.
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 is primarily car-dependent, with residents typically traveling to larger employment hubs like Farmington or Wilton via state routes.
The area is defined by its proximity to Webb Lake and Mount Blue State Park, offering extensive hiking, boating, and seasonal outdoor recreation.
The rental market is limited in depth, consisting mostly of single-family homes or seasonal units with low turnover and minimal vacancy pressure.
The local economy is anchored by small businesses, seasonal tourism, and regional public sector employment in nearby Farmington.
Public transit is not available; the area relies entirely on private vehicle transportation via state-maintained roads.
There are no major commercial or residential developments currently approved or under construction in this rural ZIP code.
The Franklin County assessment regime follows state-mandated valuation standards, with periodic revaluations conducted by the municipality.
Parcels are subject to local municipal taxes and regional school district assessments.
Property insurance premiums are influenced by rural fire protection ratings and proximity to forested areas, with standard coverage available.
The state has seen a modest net inflow of residents seeking rural lifestyle changes, though this is concentrated in specific regions.
Maine is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a property disclosure statement regarding known defects, though the state is generally 'caveat emptor' for non-disclosed items.
Data retrieved from Census Bureau ZCTA-level tables and Data Commons.
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.
- Saddleback Ski Area & Bike Park4.717 mi
- Black Mountain of Maine4.711.3 mi
- Farmington Fair4.116.4 mi
- HOMESTEAD Kitchen Bar4.215.8 mi
- Black Mountain of Maine4.711.3 mi
- Mt. Blue State Park4.72.5 mi
- Mexico Rec Park4.410 mi
- Historic Lovejoy Covered Bridge4.715.1 mi
- The Sensi Side4.915.8 mi
- Ink Maine & Gaskyl Printing4.811.1 mi
- Mt. Blue State Park4.72.5 mi
- Coos Canyon rest area4.78.1 mi
- Mexico Rec Park4.410 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Maine's largest state park, offering hiking, camping, and swimming.
A central recreational hub for fishing, boating, and seasonal water activities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.