04096, Yarmouth, ME

The 4096 zip code of Yarmouth, ME is located on the eastern coast of Maine. The area has a population of about 10,000 and an average household income of $60,000. Home prices in this zip code have increased by an average of 9% over the past year.

One reason for the increase in home prices is that there are a lot of new homes being built in this area. The population growth and increasing demand for housing are also contributing factors. Another reason for the increase in home prices is that interest rates are low and there is little competition for properties.

Some people who live in this zip code are concerned about the long-term trend of home prices increasing faster than incomes. They believe that this will lead to problems down the road, such as more people being unable to afford homes or having to move away from their homes because they can no longer afford them. Others believe that while there may be some short-term volatility associated with high home prices, over time things will settle down and homeowners will be able to benefit from rising property values.