04047, Parsonsfield, ME

The 4047 zip code of Parsonsfield, ME is located in the eastern part of the state and has a population of about 2,000. The median household income in this zip code is $61,500 and the median home value is $187,500. The average mortgage rate in this zip code is 4.5%.

Home equity and home prices have been on the rise in Parsonsfield over the past few years. In 2016, home values increased by 7% compared to 2015. This increase was likely due to an influx of new residents and an increase in demand for housing stock. Home values are projected to continue increasing over the next few years as well.

While home equity and home prices are high in Parsonsfield, it is still a relatively affordable area to live in compared to other parts of Maine. In fact, it ranks as one of the most affordable areas in Maine when comparing median household incomes and home values.