The story of this market
The typical home in ZIP 04292 sells for about $320,000, or $215 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 04292 — Sumner
The housing market in 04292 remains stable with low inventory and consistent demand for rural residential properties. Prices have seen moderate year-over-year growth, driven by limited supply and the area's appeal to remote workers and local commuters. Market conditions are currently balanced, with homes selling at near-asking prices.
This ZIP is ideal for families and individuals seeking a rural lifestyle with access to larger regional amenities, offering a balance of affordability and space compared to nearby urban centers.
Median prices moved up 4.2% year over year.
Homes spend a median of 45 days on market with 3.8 months of supply — a fast-moving market.
12% 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 2.4% · poverty 5.8% — 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 4.6%/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 04292, Sumner, ME
Crime rates in the area are generally low, consistent with rural Maine communities, and remain stable compared to regional averages.
Schools serving the area are part of the local regional school unit, generally characterized by small class sizes and community-focused educational environments.
The area faces standard New England climate risks, including winter storm exposure and seasonal flooding near the Nezinscot River, with insurance premiums reflecting these regional hazards.
Economic momentum is driven by proximity to the Lewiston-Auburn employment hub, with local development focused on residential expansion and small-scale commercial services.
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 typically driving 20-30 minutes to reach major employment centers in Auburn or Lewiston.
The area offers significant outdoor access, including proximity to the Nezinscot River for fishing and boating, local hiking trails, and rural park spaces.
The rental market is tight with low vacancy rates, driven by limited multi-family inventory and steady demand from local workers.
The local economy is supported by agriculture, small businesses, and a significant commuter base working in the nearby Lewiston-Auburn metropolitan area.
Transportation is almost exclusively via private vehicle, with Maine State Routes serving as the primary corridors for regional connectivity.
Development is largely restricted to low-density residential projects, with no major high-density commercial or industrial builds currently in the pipeline.
The county assessment regime follows standard Maine property tax statutes, with periodic revaluations to ensure market-value alignment.
Parcels are subject to local school district levies and county-level taxes, with no significant MUD or PID structures present.
Property insurance remains stable, though premiums are influenced by regional wildfire and winter storm risk profiles.
The state continues to see modest net domestic migration, with rural areas like this attracting remote workers and retirees.
Maine is a judicial foreclosure state, requiring court intervention for the foreclosure process, which typically extends the timeline for lenders.
Sellers are required to provide a property disclosure statement covering known material defects, though the state is generally 'caveat emptor' regarding non-disclosed items.
Data retrieved from data.census.gov for ZCTA 04292.
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 Maine4.716 mi
- Lost Valley Ski Area4.618.5 mi
- Oxbow Brewing Company - Oxford (Beer Garden)4.716.9 mi
- Oxford Plains Speedway4.515.4 mi
- Matterhorn Ski Bar4.419.6 mi
- Mt Abram Ski Area & Bike Park4.712.6 mi
- Roberts Farm Preserve Trails4.812.8 mi
- Norlands Living History Center4.712.2 mi
- Stars & Strikes Bowling Center4.610.4 mi
- Snow Falls Rest Area4.76.5 mi
- Maine Mineral and Gem Museum4.916.7 mi
- Norlands Living History Center4.712.2 mi
- Ink Maine & Gaskyl Printing4.813.2 mi
- Roberts Farm Preserve Trails4.812.8 mi
- Norlands Living History Center4.712.2 mi
- Shepard's Farm Preserve4.812.1 mi
- Lake Pennesseewassee Park4.512.7 mi
- Moore Park4.310.7 mi
- The Local Hub4.712.4 mi
- Cornwall Shopping Center4.111.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Provides recreational fishing and boating opportunities.
Various unpaved trails for hiking and snowmobiling.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.