04061, North Waterboro, ME

The 4061 zip code of North Waterboro, 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 $60,000 and the median home value is $220,000.

There has been a significant increase in home equity and home prices in the 4061 zip code over the past few years. In 2014, the median home value was $185,000 and by 2017 it had increased to $220,000. This increase can be attributed to several factors including an increasing demand for housing in this area due to its close proximity to Portland and Bangor, as well as low interest rates.

While there are some concerns that the current trend of increasing home values may not continue indefinitely due to potential increases in interest rates or other economic factors, at present it seems that this area is experiencing a period of sustained growth in both home equity and prices.